Integrity Alliance LLC. Makes New Investment in Philip Morris International Inc. $PM

Key Points

• Integrity Alliance LLC has acquired a new position in Philip Morris International Inc., buying 4,781 shares valued at approximately $759,000 in the first quarter.
• Philip Morris International's latest quarterly earnings show a net revenue of $10.14 billion, with an earnings per share (EPS) of $1.91, surpassing analyst expectations.
• Analysts have varying price targets for Philip Morris stock, with estimates ranging from $166.00 to $220.00 and a consensus average price target of $184.91.

Integrity Alliance LLC. bought a new position in Philip Morris International Inc. (NYSE:PM - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,781 shares of the company's stock, valued at approximately $759,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA purchased a new stake in Philip Morris International in the 1st quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Philip Morris International in the 1st quarter worth approximately $34,000. Pacifica Partners Inc. grew its stake in Philip Morris International by 115.0% in the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock worth $35,000 after acquiring an additional 115 shares during the period. Redmont Wealth Advisors LLC purchased a new stake in Philip Morris International in the 1st quarter worth approximately $35,000. Finally, 1 North Wealth Services LLC purchased a new stake in Philip Morris International in the 1st quarter worth approximately $35,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 1.6%

Shares of PM stock opened at $168.01 on Friday. The stock has a market cap of $261.52 billion, a price-to-earnings ratio of 31.94, a price-to-earnings-growth ratio of 2.40 and a beta of 0.49. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The firm's 50 day moving average price is $169.14 and its two-hundred day moving average price is $167.58.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share 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 firm had revenue of $10.14 billion for the quarter, compared to analysts' expectations of $10.33 billion. During the same period in the previous year, the company posted $1.59 earnings per share. Philip Morris International's revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on PM. UBS Group lowered their target price on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating for the company in a research note on Friday, September 5th. Citigroup reissued a "buy" rating on shares of Philip Morris International in a research report on Thursday, September 4th. Bank of America raised their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Jefferies Financial Group initiated coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They issued a "buy" rating and a $220.00 target price on the stock. Finally, JPMorgan Chase & Co. raised their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Philip Morris International has an average rating of "Moderate Buy" and a consensus price target of $184.91.

Philip Morris International Company 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.

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