Philip Morris International Inc. $PM Shares Bought by Focus Partners Wealth

Key Points

• Focus Partners Wealth increased its stake in Philip Morris International by 6.6%, acquiring an additional 20,450 shares, bringing its total holdings to over 328,000 shares valued at approximately $52 million.
• Philip Morris reported earnings of $1.91 per share for the quarter, exceeding estimates by $0.05, though its revenue of $10.14 billion fell short of expectations.
• The company maintains a dividend yield of 3.3% with a payout ratio of 102.66%, indicating a potentially unsustainable dividend distribution relative to net earnings.

Focus Partners Wealth lifted its stake in Philip Morris International Inc. (NYSE:PM - Free Report) by 6.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 328,232 shares of the company's stock after acquiring an additional 20,450 shares during the period. Focus Partners Wealth's holdings in Philip Morris International were worth $52,134,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PM. Perigon Wealth Management LLC boosted its stake in Philip Morris International by 0.4% during the first quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company's stock valued at $2,236,000 after buying an additional 60 shares during the period. TBH Global Asset Management LLC lifted its stake in Philip Morris International by 0.9% during the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company's stock worth $1,100,000 after purchasing an additional 61 shares during the last quarter. NFP Retirement Inc. lifted its stake in Philip Morris International by 2.5% during the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company's stock worth $411,000 after purchasing an additional 62 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its stake in Philip Morris International by 2.1% during the first quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company's stock worth $477,000 after purchasing an additional 63 shares during the last quarter. Finally, Renasant Bank lifted its stake in Philip Morris International by 3.3% during the first quarter. Renasant Bank now owns 1,994 shares of the company's stock worth $317,000 after purchasing an additional 63 shares during the last quarter. 78.63% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on PM shares. JPMorgan Chase & Co. lifted their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Needham & Company LLC reaffirmed a "buy" rating and set a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. Citigroup reaffirmed a "buy" rating on shares of Philip Morris International in a research report on Thursday, September 4th. Barclays cut their price objective on 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. Finally, Wall Street Zen cut Philip Morris International from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $184.91.

Philip Morris International Stock Down 1.0%

PM traded down $1.72 during mid-day trading on Friday, reaching $166.18. 3,691,351 shares of the company traded hands, compared to its average volume of 4,931,464. The stock has a market capitalization of $258.67 billion, a P/E ratio of 31.59, a P/E/G ratio of 2.44 and a beta of 0.49. The company's fifty day moving average price is $168.89 and its 200-day moving average price is $167.64. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69.

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, topping the consensus estimate 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 firm had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the business posted $1.59 EPS. Philip Morris International's 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. As a group, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

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.