Philip Morris International Inc. (NYSE:PM) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Philip Morris International Inc. (NYSE:PM) have earned an average recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $192.8750.

Several analysts recently weighed in on the company. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a research note on Thursday, April 23rd. Stifel Nicolaus reduced their price objective on Philip Morris International from $200.00 to $195.00 and set a “buy” rating for the company in a research report on Friday, April 10th. UBS Group reduced their price objective on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research report on Thursday, May 21st. Finally, Morgan Stanley raised their price objective on Philip Morris International from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday.

Philip Morris International Stock Up 2.1%

Shares of NYSE:PM opened at $178.66 on Friday. The business has a 50 day moving average price of $170.84 and a 200 day moving average price of $168.91. Philip Morris International has a twelve month low of $142.11 and a twelve month high of $193.05. The company has a market cap of $278.45 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 2.02 and a beta of 0.38.

Philip Morris International (NYSE:PM) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter in the prior year, the company earned $1.69 EPS. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. Analysts anticipate that Philip Morris International will post 8.4 EPS for the current year.

Institutional Trading of Philip Morris International

A number of hedge funds have recently modified their holdings of the company. Resurgent Financial Advisors LLC lifted its position in shares of Philip Morris International by 3.7% in the 4th quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock worth $244,000 after acquiring an additional 54 shares during the period. Douglass Winthrop Advisors LLC lifted its position in shares of Philip Morris International by 0.3% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after acquiring an additional 56 shares during the period. Outlook Wealth Advisors LLC lifted its position in shares of Philip Morris International by 4.6% in the 4th quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company’s stock worth $212,000 after acquiring an additional 58 shares during the period. Aristotle Capital Management LLC lifted its position in shares of Philip Morris International by 4.4% in the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock worth $222,000 after acquiring an additional 58 shares during the period. Finally, Tranquility Partners LLC lifted its position in shares of Philip Morris International by 2.4% in the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock worth $399,000 after acquiring an additional 59 shares during the period. Institutional investors own 78.63% of the company’s stock.

About Philip Morris International

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.