Shares of Philip Morris International Inc. (NYSE:PM – Get Free Report) have received an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $202.00.
Several research firms have issued reports on PM. Needham & Company LLC upped their price target on Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a report on Thursday. Stifel Nicolaus raised their price objective on Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley lifted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday. BTIG Research set a $221.00 target price on Philip Morris International and gave the stock a “buy” rating in a report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th.
Check Out Our Latest Research Report on PM
Philip Morris International Price Performance
Philip Morris International (NYSE:PM – Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. The business had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. Philip Morris International had a net margin of 13.05% and a negative return on equity of 163.41%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, equities research analysts forecast that Philip Morris International will post 8.35 EPS for the current fiscal year.
Philip Morris International Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were paid a $1.47 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.0%. Philip Morris International’s dividend payout ratio (DPR) is currently 84.48%.
Key Headlines Impacting Philip Morris International
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Philip Morris delivered a strong Q2 beat, with revenue and EPS topping estimates on the back of smoke-free product growth, which supports the stock’s bullish case. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
- Positive Sentiment: Stifel and Needham both raised their price targets and kept buy ratings, signaling confidence that the company’s growth and margin trends can continue. Analyst price target raise coverage
- Positive Sentiment: BTIG upgraded Philip Morris to strong-buy, adding to the broader analyst optimism around the stock after earnings. BTIG upgrade coverage
- Neutral Sentiment: The company plans to increase spending to expand ZYN, which shows confidence in growth but also raises questions about near-term expense pressure. Philip Morris Ramps Spending to Grow Zyn Brand
- Neutral Sentiment: Some commentary argues the stock’s valuation is already rich, so even a solid quarter may not be enough to drive much more upside without continued execution. Philip Morris Q2: A Solid Quarter Isn’t Enough At This Price
- Negative Sentiment: Philip Morris trimmed full-year EPS guidance, which could limit enthusiasm despite the strong quarter and ongoing smoke-free momentum. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
Institutional Trading of Philip Morris International
A number of hedge funds have recently bought and sold shares of the company. 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 grew its holdings in shares of Philip Morris International by 0.3% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company’s stock worth $2,942,000 after purchasing an additional 56 shares during the last quarter. Outlook Wealth Advisors LLC increased its stake 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 buying an additional 58 shares during the period. Aristotle Capital Management LLC lifted its holdings in Philip Morris International by 4.4% during the 4th quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company’s stock valued at $222,000 after buying an additional 58 shares in the last quarter. Finally, Tranquility Partners LLC lifted its holdings in Philip Morris International by 2.4% during the 4th quarter. Tranquility Partners LLC now owns 2,489 shares of the company’s stock valued at $399,000 after buying an additional 59 shares in the last quarter. 78.63% of the stock is owned by hedge funds and other 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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