Philip Morris International Inc. (NYSE:PM) Receives $202.00 Average Target Price from Analysts

Philip Morris International Inc. (NYSE:PM) has been given a consensus recommendation of “Moderate Buy” by the thirteen ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $205.8889.

Several research firms have weighed in on PM. Needham & Company LLC boosted their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the company a “buy” rating in a report on Friday, July 24th. Citigroup boosted their price objective on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Morgan Stanley increased their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd.

Institutional Trading of Philip Morris International

Institutional investors and hedge funds have recently made changes to their positions in the stock. AG Campbell Advisory LLC acquired a new position in Philip Morris International during the 4th quarter valued at approximately $25,000. Portfolio Resources Advisor Group Inc. acquired a new stake in Philip Morris International in the fourth quarter worth $26,000. Richards Merrill & Peterson Inc. acquired a new stake in Philip Morris International in the fourth quarter worth $28,000. Vermillion Wealth Management Inc. lifted its stake in Philip Morris International by 146.5% in the first quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after buying an additional 104 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in Philip Morris International in the fourth quarter valued at $29,000. 78.63% of the stock is currently owned by institutional investors and hedge funds.

Philip Morris International Stock Down 3.2%

NYSE:PM opened at $192.12 on Friday. The business’s 50 day moving average is $183.34 and its two-hundred day moving average is $176.67. Philip Morris International has a 52 week low of $142.11 and a 52 week high of $207.76. The company has a market cap of $299.45 billion, a PE ratio of 27.60, a P/E/G ratio of 2.40 and a beta of 0.38.

Philip Morris International (NYSE:PM) last issued its quarterly 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. The business had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, sell-side analysts expect that Philip Morris International will post 8.33 EPS for the current fiscal year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Thursday, June 25th were issued a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.1%. Philip Morris International’s dividend payout ratio is 84.48%.

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.