Philip Morris International (NYSE:PM) Price Target Raised to $205.00

Philip Morris International (NYSE:PM) had its target price upped by Needham & Company LLC from $190.00 to $205.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research firms also recently weighed in on PM. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Morgan Stanley reaffirmed an “overweight” rating and set a $205.00 price objective on shares of Philip Morris International in a report on Monday. Stifel Nicolaus set a $200.00 target price on shares of Philip Morris International in a research note on Monday. The Goldman Sachs Group reissued a “buy” rating on shares of Philip Morris International in a research report on Wednesday, October 22nd. Finally, UBS Group restated a “neutral” rating and set a $181.50 price target on shares of Philip Morris International in a research note on Monday. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $194.06.

Philip Morris International Stock Up 1.3%

Shares of PM stock opened at $188.77 on Tuesday. The company has a 50 day moving average of $166.55 and a 200-day moving average of $162.14. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $190.98. The firm has a market cap of $293.86 billion, a P/E ratio of 25.97, a PEG ratio of 2.06 and a beta of 0.39.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Friday, February 6th. The company reported $1.70 EPS for the quarter, meeting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion for the quarter, compared to the consensus estimate of $10.40 billion. During the same quarter in the prior year, the business earned $1.55 earnings per share. Philip Morris International’s revenue for the quarter was up 6.8% on a year-over-year basis. 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. As a group, equities analysts expect that Philip Morris International will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio is presently 80.88%.

Institutional Trading of Philip Morris International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Corient Private Wealth LLC raised its position in Philip Morris International by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after purchasing an additional 5,681 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Philip Morris International by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after buying an additional 51,399 shares during the last quarter. Dynasty Wealth Management LLC grew its stake in shares of Philip Morris International by 53.0% during the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after buying an additional 9,622 shares during the last quarter. Westwood Holdings Group Inc. increased its holdings in shares of Philip Morris International by 295.8% in the second quarter. Westwood Holdings Group Inc. now owns 67,717 shares of the company’s stock worth $12,333,000 after buying an additional 50,610 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of Philip Morris International by 88.9% in the 2nd quarter. Prudential Financial Inc. now owns 2,138,118 shares of the company’s stock valued at $389,415,000 after acquiring an additional 1,006,014 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

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.