Oxford Financial Group LTD. LLC Takes $584,000 Position in Philip Morris International Inc. $PM

Oxford Financial Group LTD. LLC bought a new position in shares of Philip Morris International Inc. (NYSE:PM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,231 shares of the company’s stock, valued at approximately $584,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC increased its position in Philip Morris International by 40.3% in the 4th quarter. Global Retirement Partners LLC now owns 67,177 shares of the company’s stock valued at $10,775,000 after acquiring an additional 19,309 shares during the period. New York Life Investment Management LLC lifted its position in Philip Morris International by 3.6% during the 4th quarter. New York Life Investment Management LLC now owns 216,613 shares of the company’s stock worth $34,745,000 after acquiring an additional 7,600 shares during the period. Addison Capital Co lifted its position in Philip Morris International by 32.5% during the 1st quarter. Addison Capital Co now owns 31,779 shares of the company’s stock worth $5,254,000 after acquiring an additional 7,793 shares during the period. Brighton Jones LLC grew its stake in shares of Philip Morris International by 31.1% in the 4th quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,023 shares during the last quarter. Finally, Orographic Financial Advisors LLC purchased a new position in shares of Philip Morris International in the 1st quarter valued at approximately $1,205,000. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

PM has been the subject of several analyst reports. Barclays upped their price target on Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Citigroup lifted their price objective on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Monday. UBS Group upped their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Finally, Stifel Nicolaus raised their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $205.89.

Philip Morris International Price Performance

Shares of NYSE PM opened at $191.85 on Friday. The firm’s 50-day moving average is $185.96 and its two-hundred day moving average is $178.30. The company has a market capitalization of $299.02 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 2.29 and a beta of 0.38. Philip Morris International Inc. has a 12-month low of $142.11 and a 12-month high of $207.76.

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

Philip Morris International Dividend Announcement

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

About Philip Morris International

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.