Key Client Fiduciary Advisors LLC Sells 70 Shares of Philip Morris International Inc. $PM

Key Client Fiduciary Advisors LLC lessened its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 5.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,277 shares of the company’s stock after selling 70 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in Philip Morris International were worth $233,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Linscomb Wealth Inc. raised its position in Philip Morris International by 3.3% during the first 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 in the last quarter. Mackenzie Financial Corp raised its position in Philip Morris International by 7.3% during the first quarter. Mackenzie Financial Corp now owns 3,583,903 shares of the company’s stock valued at $568,873,000 after acquiring an additional 242,799 shares in the last quarter. 49 Wealth Management LLC raised its position in Philip Morris International by 79.0% during the first quarter. 49 Wealth Management LLC now owns 5,334 shares of the company’s stock valued at $847,000 after acquiring an additional 2,354 shares in the last quarter. Cortland Associates Inc. MO raised its position in Philip Morris International by 704.0% during the first quarter. Cortland Associates Inc. MO now owns 142,950 shares of the company’s stock valued at $22,690,000 after acquiring an additional 125,171 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Philip Morris International by 24.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 439,082 shares of the company’s stock valued at $69,695,000 after purchasing an additional 87,631 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

PM opened at $163.08 on Wednesday. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The firm’s fifty day moving average price is $168.21 and its two-hundred day moving average price is $167.84. The company has a market capitalization of $253.85 billion, a P/E ratio of 31.00, a P/E/G ratio of 2.35 and a beta of 0.49.

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 firm had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the previous year, the company earned $1.59 earnings per share. The business’s revenue was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, equities research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Bank of America lifted their price target on shares of Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. KGI Securities assumed coverage on shares of Philip Morris International in a research report on Monday, August 4th. They issued an “outperform” rating on the stock. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price target on the stock. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $195.00 price target on shares of Philip Morris International in a research report on Wednesday, July 23rd. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $184.91.

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.