3,408 Shares in Philip Morris International Inc. $PM Acquired by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. bought a new position in shares of Philip Morris International Inc. (NYSE:PM) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,408 shares of the company’s stock, valued at approximately $563,000.

Several other large investors have also recently modified their holdings of the business. Vanguard Group Inc. raised its position in Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock worth $23,300,088,000 after purchasing an additional 1,793,949 shares during the last quarter. Capital World Investors grew its position in shares of Philip Morris International by 2.8% in the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after buying an additional 3,579,399 shares during the last quarter. Capital International Investors grew its position in shares of Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after buying an additional 12,227,004 shares during the last quarter. Capital Research Global Investors increased its stake in shares of Philip Morris International by 25.3% in the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after buying an additional 11,013,173 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of Philip Morris International by 12.0% in the first quarter. Bank of America Corp DE now owns 17,230,669 shares of the company’s stock valued at $2,848,919,000 after buying an additional 1,847,421 shares during the period. Institutional investors own 78.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PM shares. Stifel Nicolaus lifted their target price on Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Needham & Company LLC boosted their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. UBS Group increased their target price on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Morgan Stanley raised their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Finally, Citigroup lifted their price target on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $205.89.

Philip Morris International Stock Performance

Shares of Philip Morris International stock opened at $191.13 on Friday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $207.76. The stock has a 50 day moving average price of $183.37 and a two-hundred day moving average price of $176.77. The stock has a market capitalization of $297.90 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (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 the consensus estimate of $10.60 billion. During the same quarter in the previous year, the business earned $1.89 EPS. The company’s quarterly revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Research analysts forecast that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were paid a $1.47 dividend. 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 dividend payout ratio (DPR) is presently 84.48%.

Philip Morris International 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.