Trinity Legacy Partners LLC Invests $240,000 in Philip Morris International Inc. $PM

Trinity Legacy Partners LLC purchased a new position in Philip Morris International Inc. (NYSE:PM) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 1,467 shares of the company’s stock, valued at approximately $240,000.

Several other hedge funds have also recently modified their holdings of the business. Perigon Wealth Management LLC lifted its position 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 acquiring an additional 60 shares during the last quarter. TBH Global Asset Management LLC lifted its position 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 valued at $1,100,000 after acquiring an additional 61 shares during the last quarter. NFP Retirement Inc. lifted its position in Philip Morris International by 2.5% during the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock valued at $411,000 after acquiring an additional 62 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its position 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 valued at $477,000 after acquiring an additional 63 shares during the last quarter. Finally, Renasant Bank lifted its position in Philip Morris International by 3.3% during the first quarter. Renasant Bank now owns 1,994 shares of the company’s stock valued at $317,000 after acquiring an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on PM shares. Citigroup restated an “overweight” rating on shares of Philip Morris International in a research note on Tuesday, July 22nd. UBS Group upped their price target on shares of Philip Morris International from $170.00 to $181.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. JPMorgan Chase & Co. upped their price target on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Bank of America increased their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $186.27.

Philip Morris International Stock Down 1.6%

Shares of Philip Morris International stock opened at $171.67 on Friday. The firm has a market cap of $267.22 billion, a PE ratio of 32.64, a P/E/G ratio of 2.54 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 business has a 50-day moving average price of $173.69 and a 200 day moving average price of $165.95.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data 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. The business had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company’s revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, sell-side analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

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

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.