Vishria Bird Financial Group LLC Acquires New Stake in Philip Morris International Inc. $PM

Vishria Bird Financial Group LLC acquired a new stake in Philip Morris International Inc. (NYSE:PM) during the second quarter, according to its most recent filing with the SEC. The firm acquired 1,132 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kelly Lawrence W & Associates Inc. CA purchased a new position in Philip Morris International in the 1st quarter valued at $30,000. CBIZ Investment Advisory Services LLC boosted its position in shares of Philip Morris International by 405.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock worth $32,000 after purchasing an additional 162 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Philip Morris International during the 1st quarter worth $34,000. Pacifica Partners Inc. boosted its position in shares of Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock worth $35,000 after purchasing an additional 115 shares in the last quarter. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Philip Morris International during the 1st quarter worth $35,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on PM shares. JPMorgan Chase & Co. boosted their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Jefferies Financial Group started coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price on the stock. Bank of America boosted their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Needham & Company LLC restated a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a research report on Wednesday, July 23rd. Finally, UBS Group decreased their target price on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Twelve analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International presently has an average rating of “Moderate Buy” and an average price target of $184.91.

Philip Morris International Stock Down 1.0%

Philip Morris International stock opened at $166.18 on Friday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The firm’s 50-day simple moving average is $168.89 and its 200 day simple moving average is $167.73. The firm has a market capitalization of $258.67 billion, a PE ratio of 31.59, a P/E/G ratio of 2.44 and a beta of 0.49.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the previous year, the firm earned $1.59 EPS. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. On average, research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Profile

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.