Visionary Wealth Advisors Takes Position in Philip Morris International Inc. $PM

Visionary Wealth Advisors purchased a new position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,919 shares of the company's stock, valued at approximately $1,071,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GQG Partners LLC acquired a new position in Philip Morris International in the 2nd quarter valued at approximately $8,220,008,000. Capital International Investors raised its stake in shares of Philip Morris International by 13.7% during the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company's stock valued at $16,262,967,000 after acquiring an additional 12,227,004 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of Philip Morris International by 25.3% during the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company's stock worth $8,751,407,000 after purchasing an additional 11,013,173 shares during the period. Capital World Investors lifted its holdings in shares of Philip Morris International by 2.8% during the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company's stock worth $21,230,315,000 after purchasing an additional 3,579,399 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Philip Morris International by 30.9% in the second quarter. Bank of New York Mellon Corp now owns 11,669,878 shares of the company's stock worth $2,111,198,000 after purchasing an additional 2,755,662 shares during the last quarter. Institutional investors and hedge funds own 78.63% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on PM. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Philip Morris International in a research report on Monday, August 17th. Stifel Nicolaus upped their price target on Philip Morris International from $195.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Citigroup increased their price target on Philip Morris International from $210.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Needham & Company LLC raised their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday, July 23rd. Finally, Morgan Stanley raised their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $205.89.

Key Headlines Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: The FDA granted Marketing Granted Orders for 11 ZYN ULTRA nicotine pouch products in the United States, including all 9mg variants and one 11mg variant. The authorization broadens PM’s smoke-free portfolio, supports regulatory certainty for ZYN, and reinforces the company’s long-term shift away from combustible tobacco. Philip Morris' ZYN ULTRA FDA Authorization Strengthens Smoke-Free Push
• Positive Sentiment: Recent second-quarter results provided additional support for the stock: revenue increased 10.4% year over year to $11.19 billion, while adjusted earnings of $2.20 per share exceeded the $2.05 consensus estimate. The company also issued third-quarter earnings guidance of $2.20 to $2.25 per share. Should Strong Q2 Results And New FDA-Authorized ZYN ULTRA Pouches Require Action From Philip Morris Investors?
• Neutral Sentiment: PM and Altria Group NYSE: MO entered reciprocal contract manufacturing agreements intended to improve manufacturing efficiency and operational flexibility. PM’s non-U.S. affiliates will manufacture certain combustible cigarettes for Philip Morris USA, while the arrangements also provide reciprocal production capabilities. First shipments are expected in 2027, and the companies said the agreements should not materially affect 2026 results, limiting the near-term earnings impact. Altria, Philip Morris International sign contract manufacturing deals

Philip Morris International Stock Up 1.7%

Shares of NYSE PM opened at $191.48 on Tuesday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $207.76. The firm has a fifty day simple moving average of $186.22 and a 200 day simple moving average of $178.46. The company has a market capitalization of $298.44 billion, a PE ratio of 27.51, a P/E/G ratio of 2.27 and a beta of 0.38.

Philip Morris International (NYSE:PM - Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The business had revenue of $11.19 billion for the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the previous year, the business earned $1.89 earnings per share. Philip Morris International's revenue for the quarter was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, equities analysts expect that Philip Morris International Inc. will post 8.33 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 Monday, July 20th. Investors of record on Thursday, June 25th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International's dividend payout ratio is presently 84.48%.

About Philip Morris International

Philip Morris International Inc NYSE: PM is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI's product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.

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