1,127 Shares in Philip Morris International Inc. $PM Bought by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC acquired a new position in Philip Morris International Inc. (NYSE:PM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,127 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PM. Tritonpoint Wealth LLC raised its position in shares of Philip Morris International by 32.7% during the 2nd quarter. Tritonpoint Wealth LLC now owns 4,107 shares of the company’s stock valued at $754,000 after buying an additional 1,012 shares in the last quarter. Sonora Investment Management Group LLC raised its position in shares of Philip Morris International by 3.5% during the 2nd quarter. Sonora Investment Management Group LLC now owns 11,638 shares of the company’s stock valued at $2,120,000 after buying an additional 398 shares in the last quarter. Guyasuta Investment Advisors Inc. raised its position in shares of Philip Morris International by 0.4% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 32,072 shares of the company’s stock valued at $5,841,000 after buying an additional 125 shares in the last quarter. Avior Wealth Management LLC raised its position in shares of Philip Morris International by 202.8% during the 2nd quarter. Avior Wealth Management LLC now owns 8,126 shares of the company’s stock valued at $1,480,000 after buying an additional 5,442 shares in the last quarter. Finally, Uncommon Cents Investing LLC raised its position in shares of Philip Morris International by 1.1% during the 2nd quarter. Uncommon Cents Investing LLC now owns 5,666 shares of the company’s stock valued at $1,032,000 after buying an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. 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. KGI Securities assumed coverage on shares of Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating on the stock. Citigroup restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. JPMorgan Chase & Co. raised their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research report on Thursday, July 10th. Finally, Bank of America lifted their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Eleven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $189.40.

Philip Morris International Stock Up 0.4%

Shares of NYSE:PM opened at $164.70 on Monday. The stock has a market cap of $256.37 billion, a PE ratio of 31.31, a PEG ratio of 2.38 and a beta of 0.49. The company’s fifty day moving average is $165.55 and its 200 day moving average is $168.55. 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) last issued its earnings results on Tuesday, July 22nd. The company reported $1.91 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 analysts’ expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm’s revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be issued a $1.47 dividend. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a yield of 3.6%. Philip Morris International’s payout ratio is 102.66%.

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.