Philip Morris International Inc. (NYSE:PM) Receives $205.89 Consensus Target Price from Analysts

Philip Morris International Inc. (NYSE:PM) has been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $205.8889.

A number of research analysts recently issued reports on the stock. Citigroup lifted 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 note on Thursday, July 30th. UBS Group upped their target price on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Barclays raised their target price on Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. BTIG Research set a $221.00 price target on Philip Morris International and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Needham & Company LLC boosted their price target on Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd.

Institutional Trading of Philip Morris International

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bouchey Financial Group Ltd. grew its holdings in shares of Philip Morris International by 3.5% during the second quarter. Bouchey Financial Group Ltd. now owns 7,746 shares of the company’s stock worth $1,406,000 after purchasing an additional 264 shares during the last quarter. Van Hulzen Asset Management LLC increased its position in shares of Philip Morris International by 4.6% during the second quarter. Van Hulzen Asset Management LLC now owns 5,690 shares of the company’s stock worth $1,029,000 after buying an additional 248 shares during the period. MCF Advisors LLC grew its holdings in Philip Morris International by 8.6% during the 2nd quarter. MCF Advisors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after acquiring an additional 451 shares during the period. Archford Capital Strategies LLC grew its stake in Philip Morris International by 13.2% during the second quarter. Archford Capital Strategies LLC now owns 2,672 shares of the company’s stock worth $483,000 after purchasing an additional 312 shares during the period. Finally, Gemmer Asset Management LLC grew its position in shares of Philip Morris International by 4.3% during the 2nd quarter. Gemmer Asset Management LLC now owns 2,041 shares of the company’s stock worth $369,000 after buying an additional 85 shares during the period. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 1.1%

Shares of Philip Morris International stock opened at $191.92 on Monday. The company has a market capitalization of $299.13 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 2.47 and a beta of 0.37. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $207.76. The firm’s 50-day moving average price is $188.99 and its two-hundred day moving average price is $178.96.

Philip Morris International (NYSE:PM) last issued 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. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The company had revenue of $11.19 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the company earned $1.89 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, sell-side analysts expect that Philip Morris International will post 8.48 earnings per share for the current year.

About Philip Morris International

Philip Morris International Inc is a global tobacco and nicotine company headquartered in Stamford, Connecticut. The company develops, manufactures and markets cigarettes, smoke-free products, nicotine products and related consumer offerings in markets around the world.

Its portfolio includes internationally recognized cigarette brands such as Marlboro, Parliament, L&M and Chesterfield. PMI is also expanding beyond traditional cigarettes through heated-tobacco products, including IQOS, e-vapor products such as VEEV, and oral nicotine products including ZYN, which became part of the company’s portfolio following its acquisition of Swedish Match.

Philip Morris International was established as an independent company in 2008 after being separated from Altria Group, whose U.S.