Finivi Inc. Has $2.72 Million Holdings in Philip Morris International Inc. $PM

Finivi Inc. raised its position in shares of Philip Morris International Inc. (NYSE:PM) by 67.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,022 shares of the company’s stock after purchasing an additional 6,037 shares during the period. Philip Morris International accounts for about 1.4% of Finivi Inc.’s investment portfolio, making the stock its 24th largest position. Finivi Inc.’s holdings in Philip Morris International were worth $2,718,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Resurgent Financial Advisors LLC raised its position in Philip Morris International by 3.7% during the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after acquiring an additional 54 shares in the last quarter. Douglass Winthrop Advisors LLC grew its position in Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after acquiring an additional 56 shares in the last quarter. Outlook Wealth Advisors LLC increased its stake in shares of Philip Morris International by 4.6% during the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after purchasing an additional 58 shares during the last quarter. Aristotle Capital Management LLC increased its stake in shares of Philip Morris International by 4.4% during the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after purchasing an additional 58 shares during the last quarter. Finally, Tranquility Partners LLC raised its holdings in shares of Philip Morris International by 2.4% during the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after purchasing an additional 59 shares in the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PM has been the subject of several analyst reports. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a research note on Friday, July 24th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Barclays raised their target price on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. 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 note on Thursday, July 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $205.89.

Philip Morris International Trading Up 0.0%

NYSE PM opened at $189.65 on Monday. The company has a fifty day simple moving average of $184.01 and a 200 day simple moving average of $177.44. The company has a market cap of $295.58 billion, a P/E ratio of 27.25, a P/E/G ratio of 2.29 and a beta of 0.38. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $207.76.

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

Philip Morris International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were paid a $1.47 dividend. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. Philip Morris International’s payout ratio is presently 84.48%.

About Philip Morris International

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.