First Citizens Financial Corp Buys 140 Shares of Philip Morris International Inc. $PM

First Citizens Financial Corp raised its stake in shares of Philip Morris International Inc. (NYSE:PM) by 5.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,505 shares of the company’s stock after acquiring an additional 140 shares during the quarter. First Citizens Financial Corp’s holdings in Philip Morris International were worth $456,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in PM. Nuveen LLC bought a new position in shares of Philip Morris International during the 1st quarter worth about $1,712,994,000. Wellington Management Group LLP increased its holdings in shares of Philip Morris International by 26.4% during the 1st quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company’s stock worth $3,466,730,000 after purchasing an additional 4,563,632 shares during the period. GAMMA Investing LLC increased its holdings in shares of Philip Morris International by 19,986.5% during the 1st quarter. GAMMA Investing LLC now owns 4,486,928 shares of the company’s stock worth $712,210,000 after purchasing an additional 4,464,590 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Philip Morris International by 57.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company’s stock valued at $1,554,686,000 after acquiring an additional 3,575,158 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Philip Morris International by 22.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company’s stock valued at $1,431,527,000 after acquiring an additional 1,635,636 shares in the last quarter. Institutional investors own 78.63% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Jefferies Financial Group assumed coverage on shares of Philip Morris International in a research report on Wednesday, July 9th. They set a “buy” rating and a $220.00 target price on the stock. Barclays decreased their target price on shares of Philip Morris International from $225.00 to $220.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. KGI Securities assumed coverage on shares of Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating on the stock. Finally, Citigroup reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, September 4th. Twelve research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and an average target price of $184.91.

Philip Morris International Stock Down 1.0%

NYSE:PM opened at $166.18 on Friday. Philip Morris International Inc. has a 12 month low of $116.12 and a 12 month high of $186.69. The firm has a market cap of $258.67 billion, a PE ratio of 31.59, a price-to-earnings-growth ratio of 2.44 and a beta of 0.49. The company’s 50-day moving average price is $168.89 and its two-hundred day moving average price is $167.73.

Philip Morris International (NYSE:PM) last announced its earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The company had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period last year, the company posted $1.59 earnings per share. The firm’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. On average, research analysts expect that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Company 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.