Marshall Financial Group LLC Has $1.23 Million Stake in Philip Morris International Inc. $PM

Marshall Financial Group LLC trimmed its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 2.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,812 shares of the company’s stock after selling 188 shares during the period. Marshall Financial Group LLC’s holdings in Philip Morris International were worth $1,234,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on PM shares. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. KGI Securities assumed coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an “outperform” rating for the company. Bank of America raised their price target 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. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They set a “buy” rating and a $220.00 price target for the company. Finally, Needham & Company LLC restated a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $184.91.

Philip Morris International Stock Up 2.0%

Shares of PM opened at $166.17 on Thursday. The stock has a market cap of $258.66 billion, a price-to-earnings ratio of 31.59, a P/E/G ratio of 2.36 and a beta of 0.49. The company has a 50-day moving average price of $167.98 and a two-hundred day moving average price of $167.83. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.05. The company had revenue of $10.14 billion during 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 company’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Equities research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

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.