Modern Wealth Management LLC Purchases 757 Shares of Philip Morris International Inc. $PM

Modern Wealth Management LLC grew its position in shares of Philip Morris International Inc. (NYSE:PM) by 4.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,656 shares of the company’s stock after acquiring an additional 757 shares during the quarter. Modern Wealth Management LLC’s holdings in Philip Morris International were worth $2,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Perigon Wealth Management LLC grew its holdings in Philip Morris International by 0.4% during the first quarter. Perigon Wealth Management LLC now owns 14,087 shares of the company’s stock worth $2,236,000 after buying an additional 60 shares in the last quarter. TBH Global Asset Management LLC grew its holdings in Philip Morris International by 0.9% during the first quarter. TBH Global Asset Management LLC now owns 6,932 shares of the company’s stock worth $1,100,000 after buying an additional 61 shares in the last quarter. NFP Retirement Inc. grew its holdings in Philip Morris International by 2.5% during the first quarter. NFP Retirement Inc. now owns 2,589 shares of the company’s stock worth $411,000 after buying an additional 62 shares in the last quarter. Capital Advisors Wealth Management LLC grew its holdings in Philip Morris International by 2.1% during the first quarter. Capital Advisors Wealth Management LLC now owns 3,005 shares of the company’s stock worth $477,000 after buying an additional 63 shares in the last quarter. Finally, Renasant Bank grew its holdings in Philip Morris International by 3.3% during the first quarter. Renasant Bank now owns 1,994 shares of the company’s stock worth $317,000 after buying an additional 63 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.0%

PM stock opened at $166.18 on Friday. The stock’s fifty day simple moving average is $168.89 and its two-hundred day simple moving average is $167.64. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The stock has a market cap of $258.67 billion, a P/E ratio of 31.59, a P/E/G ratio of 2.44 and a beta of 0.49.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PM shares. Bank of America upped their price target on Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a report on Wednesday, June 4th. UBS Group decreased their price target on Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a report on Friday, September 5th. JPMorgan Chase & Co. upped their price target on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a report on Thursday, September 4th. Finally, Wall Street Zen cut Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.91.

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.