1,530 Shares in Philip Morris International Inc. $PM Acquired by Wealth Management Associates Inc.

Key Points

• Wealth Management Associates Inc. acquired a new position in Philip Morris International Inc., purchasing 1,530 shares valued at approximately $243,000 in the first quarter, reflecting growing institutional interest in the stock.
• Philip Morris International's stock opened at $165.43 and has a market cap of $257.50 billion, with a reported 9.03% net margin and a negative return on equity of 120.86%.
• The company recently declared a quarterly dividend of $1.35, representing a 3.3% yield, with a payout ratio currently at 102.66%.

Wealth Management Associates Inc. purchased a new position in shares of Philip Morris International Inc. (NYSE:PM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,530 shares of the company's stock, valued at approximately $243,000.

Other institutional investors have also recently made changes to their positions in the company. Linscomb Wealth Inc. grew its stake in Philip Morris International by 3.3% in the 1st quarter. Linscomb Wealth Inc. now owns 83,205 shares of the company's stock valued at $13,207,000 after acquiring an additional 2,669 shares during the period. Mackenzie Financial Corp boosted its stake in Philip Morris International by 7.3% during the 1st quarter. Mackenzie Financial Corp now owns 3,583,903 shares of the company's stock worth $568,873,000 after purchasing an additional 242,799 shares during the last quarter. 49 Wealth Management LLC boosted its stake in Philip Morris International by 79.0% during the 1st quarter. 49 Wealth Management LLC now owns 5,334 shares of the company's stock worth $847,000 after purchasing an additional 2,354 shares during the last quarter. Cortland Associates Inc. MO boosted its stake in Philip Morris International by 704.0% during the 1st quarter. Cortland Associates Inc. MO now owns 142,950 shares of the company's stock worth $22,690,000 after purchasing an additional 125,171 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Philip Morris International by 24.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 439,082 shares of the company's stock worth $69,695,000 after purchasing an additional 87,631 shares during the last quarter. 78.63% of the stock is owned by hedge funds and other institutional investors.

Philip Morris International Stock Down 1.0%

NYSE:PM traded down $1.72 on Friday, reaching $166.18. 3,691,351 shares of the company's stock were exchanged, compared to its average volume of 4,931,464. The firm has a market capitalization of $258.67 billion, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 2.44 and a beta of 0.49. The business has a fifty day moving average of $168.89 and a 200-day moving average of $167.73. 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 issued its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.05. The company had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, equities analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PM has been the topic of several analyst reports. Wall Street Zen lowered Philip Morris International from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Barclays reduced their price target on Philip Morris International from $225.00 to $220.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Needham & Company LLC restated a "buy" rating and issued a $195.00 price objective on shares of Philip Morris International in a report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Finally, Jefferies Financial Group initiated coverage on shares of Philip Morris International in a report on Wednesday, July 9th. They issued a "buy" rating and a $220.00 price objective on the stock. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $184.91.

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.