St. Louis Financial Planners Asset Management LLC Buys Shares of 13,383 Philip Morris International Inc. $PM

Key Points

• St. Louis Financial Planners Asset Management LLC acquired a new stake in Philip Morris International Inc., purchasing 13,383 shares valued at approximately $2.4 million, making it the company's 24th largest position.
• Major investors like Nuveen LLC and Goldman Sachs Group Inc. have significantly increased their stakes, indicating strong institutional interest, with 78.63% of the stock currently owned by institutional investors.
• Philip Morris International's latest quarterly results showed an earnings per share (EPS) of $1.91, surpassing expectations, and the company has set a Q3 2025 EPS guidance of 2.080-2.130.

St. Louis Financial Planners Asset Management LLC purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 13,383 shares of the company's stock, valued at approximately $2,437,000. Philip Morris International accounts for 1.9% of St. Louis Financial Planners Asset Management LLC's holdings, making the stock its 24th largest position.

Other large investors also recently modified their holdings of the company. Nuveen LLC purchased a new position in shares of Philip Morris International during the 1st quarter valued at $1,712,994,000. Wellington Management Group LLP raised its position in shares of Philip Morris International by 26.4% in the first quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock worth $3,466,730,000 after buying an additional 4,563,632 shares in the last quarter. GAMMA Investing LLC boosted its stake in Philip Morris International by 19,986.5% during the first quarter. GAMMA Investing LLC now owns 4,486,928 shares of the company's stock valued at $712,210,000 after buying an additional 4,464,590 shares during the period. Goldman Sachs Group Inc. grew its position in Philip Morris International by 57.5% during the first quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company's stock worth $1,554,686,000 after buying an additional 3,575,158 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Philip Morris International by 22.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company's stock worth $1,431,527,000 after acquiring an additional 1,635,636 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International Stock Performance

PM stock opened at $161.77 on Tuesday. The firm has a market cap of $251.80 billion, a P/E ratio of 30.75, a P/E/G ratio of 2.41 and a beta of 0.49. The firm's fifty day moving average is $168.50 and its 200 day moving average is $167.87. 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 results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the business posted $1.59 earnings per share. The company'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, analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PM. KGI Securities initiated coverage on Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating for the company. Jefferies Financial Group began coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 target price for the company. Barclays cut their price target on shares of Philip Morris International from $225.00 to $220.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. UBS Group lowered their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a "neutral" rating on the stock in a research report on Friday, September 5th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Twelve research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Philip Morris International presently has a consensus rating of "Moderate Buy" and an average price target of $184.91.

About Philip Morris International

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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