JT Stratford LLC Invests $222,000 in Philip Morris International Inc. $PM

JT Stratford LLC bought a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the first quarter, Holdings Channel reports. The institutional investor bought 1,401 shares of the company’s stock, valued at approximately $222,000.

Several other large investors also recently bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd bought a new position in Philip Morris International during the first quarter valued at $34,000. Pacifica Partners Inc. raised its position in shares of Philip Morris International by 115.0% during the 1st quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock valued at $35,000 after buying an additional 115 shares in the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of Philip Morris International in the 1st quarter valued at about $35,000. Ball & Co Wealth Management Inc. bought a new position in shares of Philip Morris International in the 4th quarter valued at about $36,000. Finally, Ameriflex Group Inc. purchased a new position in Philip Morris International in the fourth quarter worth about $36,000. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Up 2.3%

Shares of Philip Morris International stock opened at $172.7110 on Thursday. The stock’s fifty day moving average is $174.13 and its two-hundred day moving average is $165.36. 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 $268.84 billion, a PE ratio of 32.83, a price-to-earnings-growth ratio of 2.45 and a beta of 0.48.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The company had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the business posted $1.59 EPS. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, research analysts anticipate that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were paid a $1.35 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $5.40 annualized dividend and a yield of 3.1%. Philip Morris International’s dividend payout ratio is 102.66%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Stifel Nicolaus upped their price objective on Philip Morris International from $168.00 to $186.00 and gave the company a “buy” rating in a research report on Thursday, April 24th. UBS Group increased their price target on Philip Morris International from $170.00 to $181.00 and gave the company a “neutral” rating in a report on Monday, July 14th. Bank of America raised their price target on Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Jefferies Financial Group initiated coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They set a “buy” rating and a $220.00 price objective for the company. Finally, JPMorgan Chase & Co. increased their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $186.27.

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.