Venture Visionary Partners LLC Boosts Holdings in Philip Morris International Inc. $PM

Key Points

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Venture Visionary Partners LLC grew its position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) by 5.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,212 shares of the company's stock after purchasing an additional 1,856 shares during the quarter. Venture Visionary Partners LLC's holdings in Philip Morris International were worth $5,272,000 as of its most recent SEC filing.

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

Philip Morris International Price Performance

PM traded down $2.82 on Friday, reaching $171.67. 4,760,485 shares of the company's stock were exchanged, compared to its average volume of 6,028,737. The stock has a market cap of $267.22 billion, a PE ratio of 32.64, a P/E/G ratio of 2.51 and a beta of 0.48. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69. The stock's fifty day moving average price is $173.94 and its 200-day moving average price is $165.67.

Philip Morris International (NYSE:PM - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share 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 company had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the previous 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, research analysts predict that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 27th were issued a dividend of $1.35 per share. The ex-dividend date was Friday, June 27th. This represents a $5.40 dividend on an annualized basis and a yield of 3.1%. Philip Morris International's dividend payout ratio is 102.66%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group boosted their price objective on Philip Morris International from $170.00 to $181.00 and gave the company a "neutral" rating in a report on Monday, July 14th. KGI Securities began coverage on Philip Morris International in a research report on Monday, August 4th. They set an "outperform" rating on the stock. Bank of America raised their target price on Philip Morris International from $182.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Barclays dropped their target price 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, Jefferies Financial Group began coverage on Philip Morris International in a research report on Wednesday, July 9th. They set a "buy" rating and a $220.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $186.27.

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.