Bard Financial Services Inc. Reduces Stake in Philip Morris International Inc. $PM

Bard Financial Services Inc. lowered its position in Philip Morris International Inc. (NYSE:PM) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,442 shares of the company’s stock after selling 1,025 shares during the period. Philip Morris International makes up approximately 1.1% of Bard Financial Services Inc.’s investment portfolio, making the stock its 24th largest holding. Bard Financial Services Inc.’s holdings in Philip Morris International were worth $9,187,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Heartwood Wealth Advisors LLC boosted its position in Philip Morris International by 16.2% in the second quarter. Heartwood Wealth Advisors LLC now owns 3,358 shares of the company’s stock valued at $612,000 after buying an additional 469 shares during the last quarter. Parallel Advisors LLC boosted its position in Philip Morris International by 10.4% in the second quarter. Parallel Advisors LLC now owns 20,402 shares of the company’s stock valued at $3,716,000 after buying an additional 1,919 shares during the last quarter. Teamwork Financial Advisors LLC boosted its position in Philip Morris International by 6.8% in the second quarter. Teamwork Financial Advisors LLC now owns 2,559 shares of the company’s stock valued at $466,000 after buying an additional 164 shares during the last quarter. Accelerate Investment Advisors LLC boosted its position in Philip Morris International by 8.2% in the second quarter. Accelerate Investment Advisors LLC now owns 1,528 shares of the company’s stock valued at $278,000 after buying an additional 116 shares during the last quarter. Finally, Wesbanco Bank Inc. boosted its position in Philip Morris International by 5.5% in the second quarter. Wesbanco Bank Inc. now owns 28,978 shares of the company’s stock valued at $5,278,000 after buying an additional 1,521 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Price Performance

Shares of PM stock opened at $166.18 on Monday. The company 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. The stock has a 50 day simple moving average of $168.89 and a 200-day simple moving average of $167.83. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69.

Philip Morris International (NYSE:PM) last announced its earnings results 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. The business had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on PM shares. KGI Securities began coverage on Philip Morris International in a research report on Monday, August 4th. They issued an “outperform” rating on the stock. Barclays lowered their price objective on 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. Needham & Company LLC restated a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a research report on Wednesday, July 23rd. Citigroup restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. Finally, UBS Group lowered their price objective on 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 assigned a Hold rating to the company. Based on data from MarketBeat, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.91.

Philip Morris International Company 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.