<div id="readability-page-1"><p>B. Riley Wealth Advisors Inc. purchased a new position in  Philip Morris International Inc. (NYSE:PM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  purchased 10,479 shares of the company's stock, valued at approximately $1,909,000.</p><ul><li>Doubt the Market? 3 Stocks to Rideout Fear, Uncertainty and Doubt</li></ul><p>Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of  Philip Morris International by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 142,857,055 shares of the company's stock worth $26,018,555,000 after buying an additional 2,235,380 shares during the period.  State Street Corp grew its position in  Philip Morris International by 1.6% in the second quarter. State Street Corp now owns 55,831,655 shares of the company's stock valued at $10,243,429,000 after acquiring an additional 871,165 shares during the period.  Geode Capital Management LLC raised its stake in  Philip Morris International by 1.8% during the second quarter. Geode Capital Management LLC now owns 37,181,107 shares of the company's stock worth $6,760,346,000 after acquiring an additional 672,983 shares in the last quarter.  Wellington Management Group LLP lifted 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 valued at $3,466,730,000 after acquiring an additional 4,563,632 shares during the period.  Finally, WCM Investment Management LLC boosted its stake in shares of  Philip Morris International by 24,968.0% in the 2nd quarter. WCM Investment Management LLC now owns 11,275,606 shares of the company's stock valued at $2,041,223,000 after purchasing an additional 11,230,626 shares in the last quarter. 78.63% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities research analysts recently issued reports on PM shares. Wall Street Zen upgraded shares of Philip Morris International from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Monday, November 17th. Barclays dropped their price objective on shares of Philip Morris International from $220.00 to $180.00 and set an &#34;overweight&#34; rating for the company in a report on Monday, November 17th. Citigroup  reissued a &#34;buy&#34; rating on shares of Philip Morris International in a report on Thursday, September 4th. Stifel Nicolaus  set a $180.00 price target on Philip Morris International in a research report on Tuesday, October 21st. Finally, JPMorgan Chase &amp; Co. cut their price objective on Philip Morris International from $190.00 to $185.00 and set an &#34;overweight&#34; rating for the company in a research report on Wednesday, November 26th. Twelve investment analysts have rated the stock with a Buy rating and one  has issued  a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $189.00.</p><ul><li>3 Dividend Kings Outshining the Market in 2025</li></ul><p><b>Read Our Latest Stock Analysis on PM</b></p><h2>Philip Morris International Price Performance</h2><p>PM opened at $153.49 on Monday. The stock has a market capitalization of $238.93 billion, a P/E ratio of 27.81, a price-to-earnings-growth ratio of 1.83 and a beta of 0.42. The company's 50 day simple moving average is $153.62 and its 200-day simple moving average is $165.16. Philip Morris International Inc. has a one year low of $116.12 and a one year high of $186.69. </p><ul><li>3 Stocks Lifting 2025 Guidance Despite Market Jitters</li></ul><p>Philip Morris International (NYSE:PM - Get Free Report) last posted its quarterly earnings data on Tuesday, March 28th. The company reported $1.59 earnings per share for the quarter. The firm had revenue of $8.12 billion during the quarter. Philip Morris International had a net margin of 9.33% and a negative return on equity of 122.14%.  As a group, analysts anticipate that  Philip Morris International Inc. will post 7.14 EPS for the current year. </p><h2>Philip Morris International Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Friday, December 26th will be issued a $1.47 dividend. The ex-dividend date is Friday, December 26th. This represents a $5.88 annualized dividend and a yield of 3.8%. Philip Morris International's dividend payout ratio (DPR) is currently 106.52%. </p><h2>Philip Morris International Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Philip Morris International</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Dave &amp; Buster’s Reversal Is in PLAY After Double-Bottom Breakout</li><li>Stock Market Upgrades: What Are They?</li><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBN?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBN"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Philip Morris International Right Now?</h2><p>Before you consider Philip Morris International, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Philip Morris International wasn't on the list.</p><p>While Philip Morris International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

RILY

<p>B. Riley Wealth Advisors Inc. acquired a new stake in Philip Morris International Inc. during the 2nd quarter, purchasing 10,479 shares valued at approximately $1.9 million. Other institutional investors also increased their positions in the company. Analysts have given the stock a consensus rating of 'Moderate Buy' with an average target price of $189.00. Philip Morris International recently declared a quarterly dividend of $1.47 per share, yielding 3.8%.</p>

B. Riley Wealth Advisors Inc. Buys New Stake in Philip Morris International Inc. $PM