Philip Morris International Inc. $PM Shares Purchased by Archford Capital Strategies LLC

Archford Capital Strategies LLC lifted its stake in Philip Morris International Inc. (NYSE:PM) by 45.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 3,301 shares of the company’s stock after acquiring an additional 1,038 shares during the quarter. Archford Capital Strategies LLC’s holdings in Philip Morris International were worth $601,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Abound Wealth Management lifted its holdings in Philip Morris International by 566.7% during the 2nd quarter. Abound Wealth Management now owns 160 shares of the company’s stock worth $29,000 after buying an additional 136 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA acquired a new stake in Philip Morris International during the 1st quarter worth approximately $30,000. CBIZ Investment Advisory Services LLC lifted its holdings in 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 buying an additional 162 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Philip Morris International during the 1st quarter worth approximately $34,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Philip Morris International during the 1st quarter worth approximately $35,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Price Performance

NYSE PM opened at $162.84 on Tuesday. The firm’s fifty day moving average price is $165.19 and its 200 day moving average price is $168.63. The company has a market capitalization of $253.48 billion, a price-to-earnings ratio of 30.96, a price-to-earnings-growth ratio of 2.38 and a beta of 0.49. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69.

Philip Morris International (NYSE:PM) last posted its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The firm had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be given a $1.47 dividend. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.6%. Philip Morris International’s payout ratio is 102.66%.

Analyst Ratings Changes

PM has been the topic of a number of research reports. Bank of America increased their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. Needham & Company LLC reissued a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. Barclays dropped their price objective on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. KGI Securities assumed coverage on shares of Philip Morris International in a research report on Monday, August 4th. They issued an “outperform” rating on the stock. Finally, Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $189.40.

About Philip Morris International

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.