Financial Strategies Group Inc. Acquires Shares of 2,286 Philip Morris International Inc. $PM

Key Points

• Financial Strategies Group Inc. invested $366,000 in Philip Morris International by purchasing 2,286 shares in the first quarter.
• Philip Morris International reported $1.91 earnings per share (EPS) for the latest quarter, beating analysts' estimates, with revenue of $10.14 billion.
• Analysts have a consensus rating of "Moderate Buy" for Philip Morris International, with a consensus price target of $184.91.

Financial Strategies Group Inc. acquired a new stake in Philip Morris International Inc. (NYSE:PM - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 2,286 shares of the company's stock, valued at approximately $366,000.

Other institutional investors have also added to or reduced their stakes in the company. Kelly Lawrence W & Associates Inc. CA bought a new stake in Philip Morris International in the 1st quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in Philip Morris International in the 1st quarter valued at $34,000. Pacifica Partners Inc. lifted its position in Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock worth $35,000 after buying an additional 115 shares in the last quarter. Redmont Wealth Advisors LLC bought a new stake in Philip Morris International during the 1st quarter worth about $35,000. Finally, 1 North Wealth Services LLC bought a new stake in Philip Morris International during the 1st quarter worth about $35,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

PM traded up $0.69 on Wednesday, reaching $165.43. The company had a trading volume of 3,978,999 shares, compared to its average volume of 6,001,343. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The stock has a market cap of $257.50 billion, a P/E ratio of 31.45, a P/E/G ratio of 2.36 and a beta of 0.49. The company's fifty day moving average is $169.57 and its 200 day moving average is $167.51.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same quarter in the prior year, the business earned $1.59 EPS. Philip Morris International's quarterly revenue was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, sell-side analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were paid a $1.35 dividend. The ex-dividend date was Friday, June 27th. This represents a $5.40 dividend on an annualized basis and a yield of 3.3%. Philip Morris International's dividend payout ratio is 102.66%.

Analyst Ratings Changes

PM has been the topic of several analyst reports. Barclays cut their price target on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. Needham & Company LLC reissued a "buy" rating and set a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. KGI Securities initiated coverage on shares of Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. Wall Street Zen cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Finally, Jefferies Financial Group initiated coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 price target on the stock. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Philip Morris International has an average rating of "Moderate Buy" and a consensus price target of $184.91.

Philip Morris International Profile

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.