ACT Wealth Management LLC Sells 165 Shares of Philip Morris International Inc. $PM

ACT Wealth Management LLC trimmed its position in shares of Philip Morris International Inc. (NYSE:PM) by 10.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,351 shares of the company’s stock after selling 165 shares during the period. ACT Wealth Management LLC’s holdings in Philip Morris International were worth $246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PM. Brighton Jones LLC grew its holdings in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,023 shares during the period. Revolve Wealth Partners LLC grew its holdings in Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the period. Silvercrest Asset Management Group LLC grew its holdings in Philip Morris International by 0.3% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 54,199 shares of the company’s stock valued at $6,523,000 after purchasing an additional 151 shares during the period. Twinbeech Capital LP bought a new position in Philip Morris International during the fourth quarter valued at $2,706,000. Finally, WBI Investments LLC grew its holdings in Philip Morris International by 81.9% during the fourth quarter. WBI Investments LLC now owns 14,144 shares of the company’s stock valued at $1,702,000 after purchasing an additional 6,368 shares during the period. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Performance

Shares of PM stock opened at $161.77 on Tuesday. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69. The company has a market capitalization of $251.80 billion, a PE ratio of 30.75, a price-to-earnings-growth ratio of 2.41 and a beta of 0.49. The business’s fifty day moving average is $168.50 and its 200 day moving average is $167.87.

Philip Morris International (NYSE:PM) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $10.14 billion for the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter last year, the business posted $1.59 earnings per share. The firm’s revenue 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, sell-side analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have weighed in on PM. Barclays reduced their price objective on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. 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. Citigroup restated a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. KGI Securities started coverage on Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating on the stock. Finally, JPMorgan Chase & Co. increased their target price on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Twelve analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International presently has an average 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.