Invst LLC Has $2.71 Million Stock Holdings in Philip Morris International Inc. $PM

Key Points

• Invst LLC increased its holdings in Philip Morris International by 254.7% in Q1, owning 17,074 shares valued at approximately $2.71 million.
• The company's recent earnings report showed an EPS of $1.91, surpassing analysts' expectations, although revenue of $10.14 billion fell short of estimates.
• Analysts have a consensus rating of "Moderate Buy" for Philip Morris, with a target price averaging $184.91, indicating a positive outlook for the stock.

Invst LLC raised its position in Philip Morris International Inc. (NYSE:PM - Free Report) by 254.7% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 17,074 shares of the company's stock after buying an additional 12,261 shares during the period. Invst LLC's holdings in Philip Morris International were worth $2,710,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in PM. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Philip Morris International in the first quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in Philip Morris International during the 1st quarter valued at about $34,000. Pacifica Partners Inc. boosted its stake in shares of Philip Morris International by 115.0% in the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock valued at $35,000 after purchasing an additional 115 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Philip Morris International during the 1st quarter worth approximately $35,000. Finally, 1 North Wealth Services LLC bought a new stake in shares of Philip Morris International during the first quarter worth approximately $35,000. Institutional investors own 78.63% of the company's stock.

Philip Morris International Trading Up 1.6%

PM stock opened at $168.01 on Friday. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The business's 50-day moving average price is $169.14 and its two-hundred day moving average price is $167.58. The firm has a market cap of $261.52 billion, a PE ratio of 31.94, a P/E/G ratio of 2.40 and a beta of 0.49.

Philip Morris International (NYSE:PM - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same quarter last year, the firm 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, analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on PM. Wall Street Zen cut shares of Philip Morris International from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. JPMorgan Chase & Co. raised their price target on Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Bank of America lifted their price objective on Philip Morris International from $182.00 to $200.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. UBS Group cut their target price on Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. Finally, Citigroup restated a "buy" rating on shares of Philip Morris International in a report on Thursday, September 4th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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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