Jefferies Financial Group Inc. Acquires Shares of 8,795 Philip Morris International Inc. $PM

Jefferies Financial Group Inc. bought a new stake in shares of Philip Morris International Inc. (NYSE:PM) during the second quarter, Holdings Channel.com reports. The fund bought 8,795 shares of the company’s stock, valued at approximately $1,591,000.

A number of other institutional investors also recently bought and sold shares of the stock. AG Campbell Advisory LLC purchased a new position in shares of Philip Morris International in the 4th quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Philip Morris International in the 2nd quarter worth about $29,000. 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. boosted its stake in Philip Morris International by 146.5% during the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after acquiring an additional 104 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Philip Morris International during the fourth quarter valued at approximately $29,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Price Performance

NYSE PM opened at $192.02 on Friday. The stock has a market capitalization of $299.28 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 2.32 and a beta of 0.38. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76. The business’s fifty day moving average price is $187.21 and its 200-day moving average price is $178.79.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, topping the consensus estimate 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 company had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same quarter in the previous year, the company posted $1.89 earnings per share. Philip Morris International’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. Equities research analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Morgan Stanley lifted their price target on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Needham & Company LLC increased their price objective 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 raised their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Philip Morris International presently 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.