Philip Morris International (NYSE:PM) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Philip Morris International (NYSE:PMGet Free Report) had its price target boosted by investment analysts at Stifel Nicolaus from $195.00 to $205.00 in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective points to a potential upside of 6.31% from the company’s previous close.

Several other equities research analysts have also issued reports on PM. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Morgan Stanley boosted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday. Needham & Company LLC increased their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. UBS Group increased their target price on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Finally, BTIG Research started coverage on Philip Morris International in a research report on Tuesday. They set a “buy” rating and a $216.00 price target on the stock. Eleven analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Philip Morris International currently has a consensus rating of “Moderate Buy” and a consensus price target of $202.00.

View Our Latest Report on Philip Morris International

Philip Morris International Trading Up 0.9%

PM stock opened at $192.84 on Thursday. The company’s 50 day moving average is $182.79 and its 200 day moving average is $175.46. The stock has a market cap of $300.55 billion, a price-to-earnings ratio of 27.71, a price-to-earnings-growth ratio of 2.25 and a beta of 0.38. Philip Morris International has a 1-year low of $142.11 and a 1-year high of $199.78.

Philip Morris International (NYSE:PMGet Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. The business had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.60 billion. During the same period last year, the firm posted $1.89 earnings per share. Philip Morris International’s quarterly revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, sell-side analysts forecast that Philip Morris International will post 8.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PM. Resurgent Financial Advisors LLC boosted its stake in shares of Philip Morris International by 3.7% during the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company’s stock valued at $244,000 after purchasing an additional 54 shares during the period. Douglass Winthrop Advisors LLC boosted its position in Philip Morris International by 0.3% during the 4th quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock valued at $2,942,000 after buying an additional 56 shares during the period. Outlook Wealth Advisors LLC grew its holdings in 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 last quarter. Aristotle Capital Management LLC grew its holdings in 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 last quarter. Finally, Tranquility Partners LLC increased its position in shares of Philip Morris International by 2.4% in the fourth quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after acquiring an additional 59 shares during the period. 78.63% of the stock is currently owned by institutional investors.

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About Philip Morris International

(Get Free Report)

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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