Comprehensive Financial Consultants Institutional Inc. Sells 118 Shares of Philip Morris International Inc. $PM

Comprehensive Financial Consultants Institutional Inc. lowered its position in Philip Morris International Inc. (NYSE:PM) by 8.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,342 shares of the company’s stock after selling 118 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Philip Morris International were worth $244,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PM. Abound Wealth Management lifted its position in Philip Morris International by 566.7% in the second quarter. Abound Wealth Management now owns 160 shares of the company’s stock worth $29,000 after purchasing an additional 136 shares during the period. Kelly Lawrence W & Associates Inc. CA acquired a new position in shares of Philip Morris International in the 1st quarter valued at $30,000. CBIZ Investment Advisory Services LLC raised its stake in shares of Philip Morris International by 405.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 202 shares of the company’s stock valued at $32,000 after buying an additional 162 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Philip Morris International during the 1st quarter worth about $34,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Philip Morris International during the 1st quarter valued at about $35,000. Institutional investors and hedge funds own 78.63% of the company’s stock.

Philip Morris International Stock Performance

Shares of PM opened at $153.52 on Tuesday. The stock has a fifty day moving average price of $164.73 and a two-hundred day moving average price of $168.77. Philip Morris International Inc. has a 52-week low of $116.12 and a 52-week high of $186.69. The company has a market cap of $238.97 billion, a price-to-earnings ratio of 29.19, a PEG ratio of 2.22 and a beta of 0.46.

Philip Morris International (NYSE:PM) last announced its earnings results on Tuesday, July 22nd. The company reported $1.91 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, research analysts predict that Philip Morris International Inc. will post 7.14 EPS for the current fiscal year.

Philip Morris International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Friday, October 3rd will be paid a $1.47 dividend. This is a boost from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, October 3rd. Philip Morris International’s payout ratio is presently 111.79%.

Analyst Upgrades and Downgrades

PM has been the subject of a number of analyst reports. Needham & Company LLC restated a “buy” rating and set a $195.00 price target on shares of Philip Morris International in a research note on Wednesday, July 23rd. KGI Securities assumed coverage on Philip Morris International in a research report on Monday, August 4th. They set an “outperform” rating for the company. Jefferies Financial Group assumed coverage on Philip Morris International in a research note on Wednesday, July 9th. They issued a “buy” rating and a $220.00 price target on the stock. Citigroup reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, September 4th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Philip Morris International from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.44.

About Philip Morris International

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.