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

Shares of Philip Morris International Inc. (NYSE:PM) have been given an average rating of “Moderate Buy” by the twelve analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $192.5556.

A number of equities analysts have issued reports on the stock. Stifel Nicolaus decreased their price objective on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Morgan Stanley dropped their target price on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Citigroup raised their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. UBS Group reduced their price target on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, Barclays reaffirmed an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday, February 23rd.

Philip Morris International Stock Performance

NYSE:PM opened at $169.39 on Friday. Philip Morris International has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The firm has a market cap of $264.00 billion, a PE ratio of 23.82, a price-to-earnings-growth ratio of 1.98 and a beta of 0.43. The business has a 50 day moving average price of $169.73 and a 200-day moving average price of $163.85.

Philip Morris International (NYSE:PM) last issued its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.83 by $0.13. Philip Morris International had a net margin of 13.42% and a negative return on equity of 142.02%. The company 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 firm earned $1.69 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that Philip Morris International will post 8.44 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Thursday, March 19th were issued a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Thursday, March 19th. Philip Morris International’s dividend payout ratio is currently 80.88%.

Insiders Place Their Bets

In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the transaction, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at $29,868,125.43. This trade represents a 17.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On Philip Morris International

Hedge funds and other institutional investors have recently modified their holdings of the stock. AG Campbell Advisory LLC bought a new stake in Philip Morris International during the 4th quarter valued at approximately $25,000. Marquette Asset Management LLC raised its position in shares of Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after acquiring an additional 151 shares in the last quarter. Portfolio Resources Advisor Group Inc. purchased a new position in shares of Philip Morris International in the 4th quarter valued at approximately $26,000. Dogwood Wealth Management LLC lifted its stake in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after purchasing an additional 82 shares during the period. Finally, Richards Merrill & Peterson Inc. bought a new stake in shares of Philip Morris International during the fourth quarter valued at approximately $28,000. Hedge funds and other 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.