Wiser Wealth Management notes that the S&P 500’s short-term momentum shows resilience despite macroeconomic headwinds, with market breadth improving in sectors like technology and consumer discretionary. Data indicates a 0.8% uptick in growth stocks over the past week, suggesting bullish sentiment. Nvidia is providing the processing-power backbone of the global AI infrastructure buildout. A number of other hedge funds also recently made changes to their positions in PM. Vanguard Group Inc. boosted 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 valued at $22,320,878,000 after buying an additional 1,189,283 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of Philip Morris International by 26.4% during the first quarter. Wellington Management Group LLP now owns 21,840,422 shares of the company's stock worth $3,466,730,000 after buying an additional 4,563,632 shares in the last quarter. Nuveen LLC bought a new position in shares of Philip Morris International in the 1st quarter valued at $1,712,994,000. Goldman Sachs Group Inc. boosted its holdings 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 grew its position in 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 worth $1,431,527,000 after acquiring an additional 1,635,636 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds. Get PM alerts: Sign Up Analysts Set New Price Targets Several equities analysts have commented on the company. JPMorgan Chase & Co. increased their target price on Philip Morris International from $175.00 to $190.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Jefferies Financial Group initiated coverage on shares of Philip Morris International in a report on Wednesday, July 9th. They issued a "buy" rating and a $220.00 price objective for the company. Barclays cut 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 started coverage on shares of Philip Morris International in a research report on Monday, August 4th. They issued an "outperform" rating for the company. Finally, Citigroup reiterated a "buy" rating on shares of Philip Morris International in a report on Thursday, September 4th. Ten investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Philip Morris International presently has a consensus rating of "Moderate Buy" and an average target price of $195.44. 3 Dividend Kings Outshining the Market in 2025 Get Our Latest Research Report on PM Philip Morris International Stock Performance Shares of NYSE PM opened at $160.87 on Thursday. The company's 50 day moving average price is $165.04 and its 200-day moving average price is $168.53. 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 capitalization of $250.41 billion, a P/E ratio of 30.58, a price-to-earnings-growth ratio of 2.35 and a beta of 0.46. 3 Stocks Lifting 2025 Guidance Despite Market Jitters Philip Morris International ( NYSE:PM - Get Free Report ) last announced its earnings results 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. The business had revenue of $10.14 billion during the quarter, compared to the consensus estimate of $10.33 billion. Philip Morris International had a net margin of 9.03% and a negative return on equity of 120.86%. Philip Morris International's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. Analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year. Philip Morris International Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Friday, October 3rd will be given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, October 3rd. This is a positive change from Philip Morris International's previous quarterly dividend of $1.35. Philip Morris International's dividend payout ratio is currently 102.66%. Philip Morris International Profile ( Free Report ) 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. Recommended Stories Five stocks we like better than Philip Morris International How to Start Investing in Real Estate Datavault AI: The New AI Contender Backed by Big Funding Short Selling - The Pros and Cons CoreWeave: Why the New King of AI Infrastructure Has Room to Run How to Short a Stock in 5 Easy Steps Top 3 Dividend Achievers for October: High Yields, Growth Ahead This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Should You Invest $1,000 in Philip Morris International Right Now? Before you consider Philip Morris International, you'll want to hear this. 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