73,275 Shares in Philip Morris International Inc. $PM Purchased by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC bought a new position in Philip Morris International Inc. (NYSE:PM) in the second quarter, HoldingsChannel reports. The fund bought 73,275 shares of the company’s stock, valued at approximately $13,256,000.

Several other hedge funds and other institutional investors have also bought and sold shares of PM. Brighton Jones LLC grew its stake in shares of Philip Morris International by 31.1% in the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,023 shares during the period. Revolve Wealth Partners LLC lifted its position in Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock valued at $252,000 after purchasing an additional 91 shares during the period. Sivia Capital Partners LLC lifted its position in Philip Morris International by 53.7% during the second quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock valued at $1,027,000 after purchasing an additional 1,970 shares during the period. Jump Financial LLC purchased a new stake in Philip Morris International in the second quarter worth approximately $2,454,000. Finally, Osterweis Capital Management Inc. boosted its holdings in Philip Morris International by 2,280.0% in the second quarter. Osterweis Capital Management Inc. now owns 357 shares of the company’s stock worth $65,000 after purchasing an additional 342 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Performance

NYSE:PM opened at $190.52 on Friday. The stock has a 50-day simple moving average of $186.94 and a two-hundred day simple moving average of $178.69. Philip Morris International Inc. has a 52-week low of $142.11 and a 52-week high of $207.76. The firm has a market capitalization of $296.94 billion, a PE ratio of 27.37, a P/E/G ratio of 2.34 and a beta of 0.38.

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

Philip Morris International Dividend Announcement

The company also recently announced 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 yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is presently 84.48%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Citigroup raised their price target on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Needham & Company LLC increased their target price on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. BTIG Research set a $221.00 target price on Philip Morris International and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Morgan Stanley boosted their price target on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus price target 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.