Northstar Financial Companies Inc. Sells 6,449 Shares of Philip Morris International Inc. $PM

Key Points

• Northstar Financial Companies Inc. reduced its stake in Philip Morris International by 81.1%, owning 1,503 shares worth approximately $239,000 as of their latest SEC filing.
• Analysts have mixed ratings on Philip Morris International, with the consensus being a "Moderate Buy" and a target price of $186.27, reflecting recent adjustments from firms like Barclays and Bank of America.
• Philip Morris reported $1.91 EPS for the last quarter, exceeding expectations, with revenue rising by 7.1% year-over-year, while they declared a quarterly dividend of $1.35 per share.

Northstar Financial Companies Inc. cut its holdings in Philip Morris International Inc. (NYSE:PM - Free Report) by 81.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,503 shares of the company's stock after selling 6,449 shares during the quarter. Northstar Financial Companies Inc.'s holdings in Philip Morris International were worth $239,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PM. Kelly Lawrence W & Associates Inc. CA bought a new position in Philip Morris International in the first quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd bought a new position in Philip Morris International in the first quarter valued at approximately $34,000. Pacifica Partners Inc. boosted its stake in Philip Morris International by 115.0% in the first quarter. Pacifica Partners Inc. now owns 215 shares of the company's stock valued at $35,000 after acquiring an additional 115 shares during the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of Philip Morris International during the first quarter worth $35,000. Finally, Ball & Co Wealth Management Inc. bought a new position in shares of Philip Morris International during the fourth quarter worth $36,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Up 0.8%

PM traded up $1.38 during trading on Friday, hitting $167.15. The company had a trading volume of 5,357,997 shares, compared to its average volume of 4,950,581. The company has a market capitalization of $260.18 billion, a PE ratio of 31.78, a PEG ratio of 2.43 and a beta of 0.48. Philip Morris International Inc. has a one year low of $116.12 and a one year high of $186.69. The firm's 50-day moving average price is $172.04 and its 200 day moving average price is $166.87.

Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.86 by $0.05. The business had revenue of $10.14 billion for the quarter, compared to analysts' expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm's revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were given a dividend of $1.35 per share. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.40 annualized dividend and a yield of 3.2%. Philip Morris International's payout ratio is 102.66%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on PM shares. JPMorgan Chase & Co. lifted their price target 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. Bank of America lifted their price target 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. KGI Securities started coverage on shares of Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. UBS Group lifted their price target on shares of Philip Morris International from $170.00 to $181.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Finally, 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. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $186.27.

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.