There's been a significant amount of movement around Philip Morris International Inc. (PM) recently, with various investment entities making adjustments to their holdings. United Services Automobile Association and Jones Financial Companies Lllp have decreased their stock holdings, while Strs Ohio and MBL Wealth are among several firms purchasing new stakes. Focus Partners Wealth, Woodline Partners, and Geneos Wealth Management have increased their holdings, whereas SWS Partners and Parkwood LLC have opted to reduce theirs. PM's shares have experienced a swell in purchases by multiple firms like SageView Advisory Group, Financial Strategies Group, and Triavera Capital. The company, anticipating a strong growth in their smoke-free products, also released its 2025 Sustainability Materiality Report. They're targeting $2B in cost savings by 2026 and advocating for potential further shareholder returns. Despite mixed responses to their Q2 earnings and profit guidance falling slightly below expectations, PM's stock presence remains strong, buoyed by companies like Aprio Wealth Management and Alliancebernstein. Whether now is the time to invest with PM's 42% year-to-date rally continues to be a point of discussions for investors.
Philip Morris International PM News Analytics from Wed, 11 Jun 2025 07:00:00 GMT to Sat, 13 Sep 2025 22:23:01 GMT -
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