Shares of Philip Morris International Inc. (NYSE:PM – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $196.8333.
PM has been the topic of several recent research reports. JPMorgan Chase & Co. cut their price target on Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Needham & Company LLC upped their target price on Philip Morris International from $190.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and cut their target price for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Finally, Barclays restated an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday.
View Our Latest Research Report on PM
Philip Morris International Stock Up 1.7%
Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. The business had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $1.55 earnings per share. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. Sell-side analysts expect that Philip Morris International will post 7.14 EPS for the current fiscal year.
Philip Morris International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Friday, December 26th were given a $1.47 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is presently 80.88%.
Institutional Trading of Philip Morris International
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tempo Wealth LLC bought a new position in shares of Philip Morris International in the fourth quarter valued at approximately $447,000. MidFirst Bank purchased a new stake in Philip Morris International in the 4th quarter valued at $974,000. SG Trading Solutions LLC bought a new position in Philip Morris International during the 4th quarter valued at $1,207,000. Pacer Advisors Inc. boosted its holdings in Philip Morris International by 271.3% during the 4th quarter. Pacer Advisors Inc. now owns 570,938 shares of the company’s stock worth $91,578,000 after acquiring an additional 417,175 shares during the last quarter. Finally, Titan Investment Management LLC purchased a new position in Philip Morris International during the 4th quarter worth $2,032,000. 78.63% of the stock is owned by institutional investors.
Philip Morris International Company Profile
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.
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