Focus Partners Advisor Solutions LLC Acquires 13,362 Shares of Philip Morris International Inc. $PM

Focus Partners Advisor Solutions LLC lifted its stake in Philip Morris International Inc. (NYSE:PM) by 44.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,282 shares of the company’s stock after purchasing an additional 13,362 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Philip Morris International were worth $7,830,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of PM. AG Campbell Advisory LLC bought a new stake in Philip Morris International during the fourth quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth about $26,000. Richards Merrill & Peterson Inc. bought a new position in shares of Philip Morris International in the fourth quarter worth about $28,000. Vermillion Wealth Management Inc. lifted its position in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after buying an additional 104 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Philip Morris International during the 2nd quarter valued at about $29,000. 78.63% of the stock is owned by institutional investors.

Philip Morris International Price Performance

NYSE PM opened at $184.76 on Tuesday. Philip Morris International Inc. has a 1-year low of $142.11 and a 1-year high of $207.76. The business has a 50 day simple moving average of $185.41 and a two-hundred day simple moving average of $178.06. The stock has a market capitalization of $287.97 billion, a PE ratio of 26.55, a P/E/G ratio of 2.30 and a beta of 0.38.

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

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were issued a $1.47 dividend. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.2%. Philip Morris International’s payout ratio is 84.48%.

Wall Street Analyst Weigh In

PM has been the subject of several analyst reports. BTIG Research set a $221.00 target price on shares of Philip Morris International and gave the stock a “buy” rating in a report on Friday, July 24th. Stifel Nicolaus raised their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Needham & Company LLC lifted their price target on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Barclays upped their price target on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $205.89.

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.