Stiles Financial Services Inc Purchases Shares of 2,878 Philip Morris International Inc. $PM

Stiles Financial Services Inc purchased a new stake in shares of Philip Morris International Inc. (NYSE:PM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,878 shares of the company’s stock, valued at approximately $524,000.

A number of other large investors have also made changes to their positions in the company. Moseley Investment Management Inc. grew its stake in shares of Philip Morris International by 8.6% during the 2nd quarter. Moseley Investment Management Inc. now owns 1,475 shares of the company’s stock valued at $269,000 after purchasing an additional 117 shares during the period. IFP Advisors Inc raised its stake in Philip Morris International by 2.6% during the 2nd quarter. IFP Advisors Inc now owns 39,108 shares of the company’s stock worth $7,123,000 after acquiring an additional 980 shares during the period. Callan Family Office LLC raised its stake in Philip Morris International by 121.2% during the 2nd quarter. Callan Family Office LLC now owns 82,051 shares of the company’s stock worth $14,944,000 after acquiring an additional 44,960 shares during the period. TFR Capital LLC. raised its stake in Philip Morris International by 4.3% during the 2nd quarter. TFR Capital LLC. now owns 2,794 shares of the company’s stock worth $509,000 after acquiring an additional 114 shares during the period. Finally, Mainstay Capital Management LLC ADV raised its stake in Philip Morris International by 94.0% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 29,916 shares of the company’s stock worth $5,449,000 after acquiring an additional 14,495 shares during the period. 78.63% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

PM has been the topic of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and set a $195.00 target price on shares of Philip Morris International in a research note on Wednesday, July 23rd. 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 target price on the stock. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday. Finally, Barclays dropped their price target on Philip Morris International from $225.00 to $220.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Philip Morris International presently has an average rating of “Moderate Buy” and a consensus target price of $195.44.

Philip Morris International Stock Up 1.0%

PM stock opened at $156.80 on Friday. Philip Morris International Inc. has a 52 week low of $116.12 and a 52 week high of $186.69. The company has a fifty day simple moving average of $164.29 and a two-hundred day simple moving average of $168.62. The firm has a market capitalization of $244.07 billion, a P/E ratio of 29.81, a price-to-earnings-growth ratio of 2.25 and a beta of 0.46.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The business had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same quarter last year, the business earned $1.59 earnings per share. Philip Morris International’s quarterly 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. As a group, analysts anticipate that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.8%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.35. The ex-dividend date is Friday, October 3rd. Philip Morris International’s dividend payout ratio (DPR) is 111.79%.

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.