Philip Morris International Inc. (NYSE:PM) Receives Average Recommendation of “Moderate Buy” from Brokerages

Philip Morris International Inc. (NYSE:PM) has received an average rating of “Moderate Buy” from the twelve brokerages that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $192.8750.

Several research firms have commented on PM. Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a report on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a report on Wednesday, May 20th. Stifel Nicolaus reduced their target price on Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Bank of America reissued a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price objective on shares of Philip Morris International in a research report on Thursday, April 23rd.

Philip Morris International Price Performance

NYSE:PM opened at $183.01 on Friday. Philip Morris International has a one year low of $142.11 and a one year high of $193.05. The company has a market cap of $285.23 billion, a P/E ratio of 25.74, a P/E/G ratio of 2.06 and a beta of 0.38. The firm’s fifty day moving average price is $171.77 and its two-hundred day moving average price is $169.52.

Philip Morris International (NYSE:PM) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.95 billion. During the same period in the previous year, the company earned $1.69 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. As a group, equities research analysts expect that Philip Morris International will post 8.4 earnings per share for the current year.

Institutional Investors Weigh In On Philip Morris International

Several institutional investors and hedge funds have recently bought and sold shares of PM. Farmers National Bank lifted its position in shares of Philip Morris International by 10.2% during the 1st quarter. Farmers National Bank now owns 5,736 shares of the company’s stock worth $948,000 after buying an additional 531 shares during the last quarter. Wealthquest Corp lifted its holdings in shares of Philip Morris International by 16.6% in the first quarter. Wealthquest Corp now owns 1,513 shares of the company’s stock worth $250,000 after acquiring an additional 215 shares during the last quarter. DV Trading LLC lifted its holdings in shares of Philip Morris International by 283.2% in the first quarter. DV Trading LLC now owns 2,299 shares of the company’s stock worth $380,000 after acquiring an additional 1,699 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Philip Morris International by 9.8% in the first quarter. Parallel Advisors LLC now owns 21,216 shares of the company’s stock worth $3,508,000 after acquiring an additional 1,888 shares during the last quarter. Finally, First Nebraska Trust Co bought a new position in shares of Philip Morris International in the first quarter worth about $2,904,000. Institutional investors own 78.63% of the company’s stock.

About Philip Morris International

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.