Fund Advisors of America Inc FL Invests $936,000 in Philip Morris International Inc. $PM

Fund Advisors of America Inc FL bought a new position in shares of Philip Morris International Inc. (NYSE:PM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,175 shares of the company’s stock, valued at approximately $936,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. AG Campbell Advisory LLC acquired a new stake in Philip Morris International during the 4th quarter worth about $25,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International in the 4th quarter worth about $26,000. Vermillion Wealth Management Inc. lifted its stake in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after purchasing an additional 104 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Philip Morris International in the 2nd quarter valued at about $29,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in shares of Philip Morris International during the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of PM opened at $188.14 on Friday. The stock has a 50-day moving average of $186.03 and a 200-day moving average of $178.36. The company has a market cap of $293.24 billion, a PE ratio of 27.03, a P/E/G ratio of 2.31 and a beta of 0.38. Philip Morris International Inc. has a one year low of $142.11 and a one year high of $207.76.

Philip Morris International (NYSE:PM) last issued its earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The business had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same period in the previous year, the company posted $1.89 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Analysts expect that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were issued a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s payout ratio is currently 84.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Citigroup raised their target price on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Monday. Bank of America restated a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Morgan Stanley lifted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus boosted their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $205.89.

Philip Morris International Company Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.