Whalen Wealth Management Inc. Buys Shares of 7,683 Philip Morris International Inc. $PM

Whalen Wealth Management Inc. bought a new position in Philip Morris International Inc. (NYSE:PM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,683 shares of the company’s stock, valued at approximately $1,390,000.

A number of other institutional investors have also modified their holdings of PM. AG Campbell Advisory LLC bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. purchased a new stake in Philip Morris International during the fourth quarter valued at approximately $26,000. Vermillion Wealth Management Inc. boosted its stake in Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Philip Morris International in the second quarter valued at approximately $29,000. Finally, Safe Harbor Fiduciary LLC purchased a new position in Philip Morris International in the fourth quarter worth $29,000. 78.63% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PM. Citigroup upped their price target on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Needham & Company LLC raised their price objective on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Morgan Stanley boosted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Barclays upped their target price on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus increased their price target on Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $205.89.

More Philip Morris International News

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: The FDA granted Marketing Granted Orders for 11 ZYN ULTRA nicotine pouch products in the United States, including all 9mg variants and one 11mg variant. The authorization broadens PM’s smoke-free portfolio, supports regulatory certainty for ZYN, and reinforces the company’s long-term shift away from combustible tobacco. Philip Morris’ ZYN ULTRA FDA Authorization Strengthens Smoke-Free Push
• Positive Sentiment: Recent second-quarter results provided additional support for the stock: revenue increased 10.4% year over year to $11.19 billion, while adjusted earnings of $2.20 per share exceeded the $2.05 consensus estimate. The company also issued third-quarter earnings guidance of $2.20 to $2.25 per share. Should Strong Q2 Results And New FDA-Authorized ZYN ULTRA Pouches Require Action From Philip Morris Investors?
• Neutral Sentiment: PM and Altria Group (NYSE: MO) entered reciprocal contract manufacturing agreements intended to improve manufacturing efficiency and operational flexibility. PM’s non-U.S. affiliates will manufacture certain combustible cigarettes for Philip Morris USA, while the arrangements also provide reciprocal production capabilities. First shipments are expected in 2027, and the companies said the agreements should not materially affect 2026 results, limiting the near-term earnings impact. Altria, Philip Morris International sign contract manufacturing deals

Philip Morris International Trading Up 1.7%

Shares of NYSE:PM opened at $191.48 on Tuesday. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $207.76. The company has a market cap of $298.44 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 2.27 and a beta of 0.38. The company’s 50 day moving average is $186.22 and its 200 day moving average is $178.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. The business had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Equities research analysts predict that Philip Morris International Inc. will post 8.33 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is presently 84.48%.

Philip Morris International Profile

Philip Morris International Inc (NYSE: PM) is a global tobacco company that manufactures and sells cigarettes, other nicotine-containing products and a growing portfolio of smoke-free alternatives for adult smokers. The firm traces its corporate roots to the 19th century Philip Morris enterprise and was established as an independent, publicly traded company following a 2008 separation from what is now Altria. Since the spin-off, the company has focused on serving international markets outside the United States.

PMI’s product mix includes traditional combustible cigarettes as well as smoke-free offerings such as heated tobacco systems and other reduced-risk products.