Mosaic Family Wealth Partners LLC Has $2.35 Million Stock Position in Philip Morris International Inc. $PM

Mosaic Family Wealth Partners LLC increased its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 280.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 13,019 shares of the company’s stock after purchasing 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 filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. AG Campbell Advisory LLC acquired a new stake in shares of Philip Morris International in the fourth quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. bought a new position in shares of Philip Morris International during the 4th quarter worth approximately $26,000. Richards Merrill & Peterson Inc. acquired a new position in shares of Philip Morris International during the 4th quarter worth approximately $28,000. Vermillion Wealth Management Inc. increased its holdings in shares of Philip Morris International by 146.5% during the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock worth $29,000 after acquiring an additional 104 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Philip Morris International in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Wall Street Analysts Forecast Growth

PM has been the subject of several research reports. Needham & Company LLC raised their price target on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Barclays upped their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a research report on Friday, July 24th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Finally, Citigroup lifted their target price on shares of Philip Morris International from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $205.89.

Philip Morris International Stock Up 0.0%

PM stock opened at $190.40 on Monday. Philip Morris International Inc. has a 52 week low of $142.11 and a 52 week high of $207.76. The business has a 50-day simple moving average of $185.23 and a 200 day simple moving average of $178.02. The company has a market cap of $296.76 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 2.30 and a beta of 0.38.

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. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The firm had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the prior year, the company posted $1.89 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, analysts anticipate that Philip Morris International Inc. will post 8.33 EPS for the current fiscal year.

Philip Morris International Dividend Announcement

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