1,414 Shares in Philip Morris International Inc. $PM Acquired by Rede Wealth LLC

Rede Wealth LLC purchased a new position in Philip Morris International Inc. (NYSE:PM) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,414 shares of the company’s stock, valued at approximately $224,000.

Several other institutional investors have also modified their holdings of PM. Brighton Jones LLC lifted its position in shares of Philip Morris International by 31.1% during the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after buying an additional 91 shares during the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Philip Morris International by 18.4% during the 4th quarter. TD Waterhouse Canada Inc. now owns 23,462 shares of the company’s stock worth $2,823,000 after buying an additional 3,652 shares during the last quarter. Pinebridge Investments L.P. lifted its position in shares of Philip Morris International by 122.8% during the 4th quarter. Pinebridge Investments L.P. now owns 51,438 shares of the company’s stock worth $6,191,000 after buying an additional 28,353 shares during the last quarter. Finally, MGO One Seven LLC lifted its position in shares of Philip Morris International by 3.7% during the 4th quarter. MGO One Seven LLC now owns 27,791 shares of the company’s stock worth $3,345,000 after buying an additional 1,001 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

Shares of PM opened at $174.2850 on Friday. Philip Morris International Inc. has a 1 year low of $116.12 and a 1 year high of $186.69. The stock has a market capitalization of $271.29 billion, a P/E ratio of 33.13, a P/E/G ratio of 2.51 and a beta of 0.48. The company’s fifty day moving average is $173.94 and its two-hundred day moving average is $165.67.

Philip Morris International (NYSE:PM) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same period in the prior year, the company posted $1.59 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were given a $1.35 dividend. The ex-dividend date was Friday, June 27th. This represents a $5.40 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s payout ratio is currently 102.66%.

Wall Street Analyst Weigh In

PM has been the topic of a number of recent research reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $195.00 target price on shares of Philip Morris International in a report on Wednesday, July 23rd. Citigroup reaffirmed an “overweight” rating on shares of Philip Morris International in a report on Tuesday, July 22nd. Bank of America lifted their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, JPMorgan Chase & Co. lifted their target price 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. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $186.27.

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.