Atlas Brown Inc. Has $889,000 Stock Position in Philip Morris International Inc. $PM

Atlas Brown Inc. decreased its position in shares of Philip Morris International Inc. (NYSE:PM) by 13.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,881 shares of the company’s stock after selling 728 shares during the period. Atlas Brown Inc.’s holdings in Philip Morris International were worth $889,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. RMR Wealth Builders increased its stake in shares of Philip Morris International by 5.5% in the second quarter. RMR Wealth Builders now owns 2,917 shares of the company’s stock worth $531,000 after purchasing an additional 151 shares during the period. Livelsberger Financial Advisory acquired a new position in shares of Philip Morris International in the 2nd quarter worth approximately $106,000. Apella Capital LLC boosted its holdings in shares of Philip Morris International by 527.2% in the 2nd quarter. Apella Capital LLC now owns 27,278 shares of the company’s stock worth $4,943,000 after acquiring an additional 22,929 shares in the last quarter. Heartwood Wealth Advisors LLC raised its position in Philip Morris International by 16.2% in the 2nd quarter. Heartwood Wealth Advisors LLC now owns 3,358 shares of the company’s stock worth $612,000 after purchasing an additional 469 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in Philip Morris International by 10.4% in the 2nd quarter. Parallel Advisors LLC now owns 20,402 shares of the company’s stock worth $3,716,000 after purchasing an additional 1,919 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on PM. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. KGI Securities began coverage on shares of Philip Morris International in a research note on Monday, August 4th. They issued an “outperform” rating for the company. Bank of America upped 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 note on Wednesday, June 4th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, JPMorgan Chase & Co. upped their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Twelve research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.91.

Philip Morris International Stock Performance

Shares of PM stock opened at $166.18 on Monday. The stock has a market cap of $258.67 billion, a price-to-earnings ratio of 31.59, a PEG ratio of 2.41 and a beta of 0.49. 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 moving average is $168.89 and its 200-day moving average is $167.83.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.05. The firm had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business’s revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Sell-side analysts predict 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.