Tounjian Advisory Partners LLC Sells 194 Shares of Philip Morris International Inc. $PM

Tounjian Advisory Partners LLC lowered its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,986 shares of the company’s stock after selling 194 shares during the period. Tounjian Advisory Partners LLC’s holdings in Philip Morris International were worth $2,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Philip Morris International by 0.9% in the first quarter. Vanguard Group Inc. now owns 140,621,675 shares of the company’s stock worth $22,320,878,000 after purchasing an additional 1,189,283 shares during the last quarter. Wellington Management Group LLP increased its position in Philip Morris International by 26.4% in the first 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 last quarter. Nuveen LLC bought a new stake in Philip Morris International in the first quarter worth $1,712,994,000. Goldman Sachs Group Inc. increased its position in Philip Morris International by 57.5% in the first quarter. Goldman Sachs Group Inc. now owns 9,794,530 shares of the company’s stock worth $1,554,686,000 after purchasing an additional 3,575,158 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in Philip Morris International by 22.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 9,018,628 shares of the company’s stock worth $1,431,527,000 after purchasing an additional 1,635,636 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on PM shares. Bank of America lifted their price objective on shares of Philip Morris International from $182.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. UBS Group dropped their price objective on shares of Philip Morris International from $177.00 to $166.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. JPMorgan Chase & Co. lifted their price objective on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. Wall Street Zen lowered shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Jefferies Financial Group started coverage on shares of Philip Morris International in a research note on Wednesday, July 9th. They set a “buy” rating and a $220.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.91.

Philip Morris International Price Performance

NYSE:PM opened at $163.08 on Wednesday. Philip Morris International Inc. has a 1-year low of $116.12 and a 1-year high of $186.69. The company has a 50-day moving average of $168.21 and a 200 day moving average of $167.84. The firm has a market cap of $253.85 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 2.35 and a beta of 0.49.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. The company had revenue of $10.14 billion during the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the firm earned $1.59 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts anticipate 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.