Philip Morris International Inc. (NYSE:PM) Receives $205.89 Average PT from Brokerages

Shares of Philip Morris International Inc. (NYSE:PM) have received a consensus rating of “Moderate Buy” from the twelve analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $205.8889.

A number of equities research analysts recently issued reports on the stock. Needham & Company LLC lifted their price target 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. UBS Group upped their price objective on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Stifel Nicolaus increased their price objective on shares of Philip Morris International from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. BTIG Research set a $221.00 target price on shares of Philip Morris International and gave the company a “buy” rating in a research report on Friday, July 24th. Finally, Barclays lifted their target price on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th.

Institutional Investors Weigh In On Philip Morris International

Large investors have recently bought and sold shares of the company. AG Campbell Advisory LLC purchased a new stake in shares of Philip Morris International during the fourth quarter worth approximately $25,000. Portfolio Resources Advisor Group Inc. purchased a new position in Philip Morris International in the 4th quarter valued at $26,000. Richards Merrill & Peterson Inc. purchased a new position in Philip Morris International in the 4th quarter valued at $28,000. Vermillion Wealth Management Inc. lifted its holdings in Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after purchasing an additional 104 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Philip Morris International during the 2nd quarter worth $29,000. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Trading Down 1.8%

Shares of PM stock opened at $188.14 on Thursday. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $207.76. The business’s 50 day moving average is $186.03 and its two-hundred day moving average is $178.36. The company has a market capitalization of $293.24 billion, a P/E ratio of 27.03, a P/E/G ratio of 2.27 and a beta of 0.38.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 EPS 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 analysts’ expectations 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 revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, research analysts predict that Philip Morris International will post 8.33 earnings per share for the current fiscal year.

Philip Morris International Announces Dividend

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 3.1%. Philip Morris International’s dividend payout ratio (DPR) is currently 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.