Bond & Devick Financial Network Inc. Invests $230,000 in Philip Morris International Inc. $PM

Bond & Devick Financial Network Inc. acquired a new position in shares of Philip Morris International Inc. (NYSE:PM) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,261 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PM. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of Philip Morris International during the 1st quarter valued at about $30,000. CBIZ Investment Advisory Services LLC grew its holdings in Philip Morris International by 405.0% in the first quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after purchasing an additional 162 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Philip Morris International in the first quarter valued at approximately $34,000. Pacifica Partners Inc. grew its holdings in Philip Morris International by 115.0% in the first quarter. Pacifica Partners Inc. now owns 215 shares of the company’s stock valued at $35,000 after purchasing an additional 115 shares during the period. Finally, Redmont Wealth Advisors LLC acquired a new stake in Philip Morris International in the 1st quarter valued at $35,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Stock Up 0.7%

Shares of PM opened at $162.84 on Friday. Philip Morris International Inc. has a fifty-two week low of $116.12 and a fifty-two week high of $186.69. The firm’s 50 day moving average price is $167.26 and its 200 day moving average price is $168.01. The company has a market cap of $253.48 billion, a P/E ratio of 30.96, a PEG ratio of 2.36 and a beta of 0.49.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share 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 business had revenue of $10.14 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same quarter in the prior year, the company earned $1.59 earnings per share. The company’s revenue was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Research analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be issued a dividend of $1.47 per share. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. This represents a $5.88 annualized dividend and a yield of 3.6%. Philip Morris International’s dividend payout ratio (DPR) is currently 102.66%.

Analyst Ratings Changes

PM has been the topic of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Bank of America lifted their target price on shares of Philip Morris International from $182.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, June 4th. Needham & Company LLC reiterated a “buy” rating and issued a $195.00 price objective on shares of Philip Morris International in a report on Wednesday, July 23rd. JPMorgan Chase & Co. lifted their price objective on Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Finally, Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company 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.