Mosaic Family Wealth Partners LLC Buys 9,593 Shares of Philip Morris International Inc. $PM

Mosaic Family Wealth Partners LLC increased its stake in shares of Philip Morris International Inc. (NYSE:PM) by 280.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,019 shares of the company’s stock after acquiring an additional 9,593 shares during the period. Mosaic Family Wealth Partners LLC’s holdings in Philip Morris International were worth $2,355,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. AG Campbell Advisory LLC bought a new position in Philip Morris International during the 4th quarter worth about $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Philip Morris International in the 4th quarter valued at about $26,000. Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International in the fourth quarter valued at about $28,000. Vermillion Wealth Management Inc. lifted its holdings in shares of Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after purchasing an additional 104 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Philip Morris International during the second quarter worth about $29,000. 78.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PM. UBS Group increased their price objective on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a report on Thursday, July 2nd. Citigroup upped their price target on Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. Finally, Morgan Stanley lifted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Philip Morris International has a consensus rating of “Moderate Buy” and a consensus price target of $205.89.

Philip Morris International Stock Up 0.0%

NYSE:PM opened at $190.40 on Monday. The firm has a market capitalization of $296.76 billion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38. Philip Morris International Inc. has a twelve month low of $142.11 and a twelve month high of $207.76. The stock’s 50 day moving average price is $185.23 and its two-hundred day moving average price is $178.02.

Philip Morris International (NYSE:PM) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 negative return on equity of 163.41% and a net margin of 11.06%.The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, analysts anticipate that Philip Morris International Inc. will post 8.33 earnings per share for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, June 25th. Philip Morris International’s dividend payout ratio is 84.48%.

Philip Morris International Company 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.