CFO4Life Group LLC Purchases New Position in Philip Morris International Inc. $PM

CFO4Life Group LLC acquired a new position in Philip Morris International Inc. (NYSE:PM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 3,534 shares of the company’s stock, valued at approximately $639,000.

Other hedge funds have also bought and sold shares of the company. Resurgent Financial Advisors LLC raised its holdings in Philip Morris International by 3.7% during the 4th 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 during the period. Douglass Winthrop Advisors LLC boosted its holdings in shares of 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 during the period. Outlook Wealth Advisors LLC boosted its holdings in shares of Philip Morris International by 4.6% in the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after acquiring an additional 58 shares during the period. Platt Wealth Management LLC grew its position in shares of Philip Morris International by 2.1% in the second quarter. Platt Wealth Management LLC now owns 2,833 shares of the company’s stock valued at $512,000 after purchasing an additional 58 shares in the last quarter. Finally, Aristotle Capital Management LLC grew its position in shares of Philip Morris International by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock valued at $222,000 after purchasing an additional 58 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PM has been the topic of a number of recent research reports. BTIG Research set a $221.00 price objective on Philip Morris International and gave the stock a “buy” rating in a report on Friday, July 24th. Morgan Stanley lifted their target price on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Barclays lifted 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. UBS Group upped their price target on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Finally, Needham & Company LLC boosted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $205.89.

Philip Morris International Stock Down 1.8%

Philip Morris International stock opened at $188.14 on Friday. 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 $186.03 and a 200 day simple moving average of $178.36. The stock has a market cap of $293.24 billion, a price-to-earnings ratio of 27.03, a PEG ratio of 2.27 and a beta of 0.38.

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

Philip Morris International Announces Dividend

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