Philip Morris International’s (PM) Buy Rating Reiterated at Needham & Company LLC

Philip Morris International (NYSE:PM)‘s stock had its “buy” rating reissued by investment analysts at Needham & Company LLC in a note issued to investors on Thursday,Benzinga reports. They presently have a $200.00 price objective on the stock. Needham & Company LLC’s price target suggests a potential upside of 21.52% from the stock’s current price.

Several other research analysts also recently weighed in on PM. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. Barclays reiterated an “overweight” rating and issued a $205.00 price objective on shares of Philip Morris International in a research note on Monday, February 23rd. Citigroup increased their target price on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $220.00 to $180.00 in a report on Tuesday, January 20th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $192.56.

Philip Morris International Stock Up 7.4%

Philip Morris International stock opened at $164.59 on Thursday. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $191.30. The firm’s fifty day moving average is $170.12 and its 200 day moving average is $163.81. The company has a market capitalization of $256.51 billion, a PE ratio of 22.55, a PEG ratio of 1.86 and a beta of 0.43.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.95 billion. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. Philip Morris International’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.69 EPS. 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. Sell-side analysts expect that Philip Morris International will post 8.36 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Jacek Olczak sold 80,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total value of $14,574,400.00. Following the sale, the chief executive officer directly owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This trade represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Emmanuel Babeau sold 33,800 shares of the business’s stock in a transaction that occurred 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 directly owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On Philip Morris International

A number of hedge funds have recently made changes to their positions in PM. Continuum Advisory LLC lifted its stake in shares of Philip Morris International by 1.7% in the 1st quarter. Continuum Advisory LLC now owns 9,313 shares of the company’s stock valued at $1,540,000 after acquiring an additional 154 shares during the last quarter. Canoe Financial LP increased its stake in shares of Philip Morris International by 59.1% during the first quarter. Canoe Financial LP now owns 988,208 shares of the company’s stock valued at $163,629,000 after buying an additional 366,970 shares during the period. Formidable Asset Management LLC raised its holdings in shares of Philip Morris International by 3.8% during the first quarter. Formidable Asset Management LLC now owns 5,604 shares of the company’s stock valued at $899,000 after acquiring an additional 203 shares in the last quarter. Red Door Wealth Management LLC lifted its stake in Philip Morris International by 4.5% in the first quarter. Red Door Wealth Management LLC now owns 17,005 shares of the company’s stock worth $2,812,000 after acquiring an additional 725 shares during the period. Finally, Hurlow Wealth Management Group Inc. bought a new stake in Philip Morris International in the first quarter valued at $201,000. 78.63% of the stock is currently owned by institutional investors.

Philip Morris International News Summary

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Q1 beat on both EPS and revenue: adjusted EPS $1.96 vs. $1.83 consensus and revenue $10.15B vs. ~$9.95B; management highlighted strong organic growth in smoke?free products (IQOS) which drove the upside. Q1 Results Press Release / Slide Deck
• Positive Sentiment: Earnings call highlighted “smoke?free momentum” and execution in high?margin IQOS markets — a key driver for long?term margin expansion and revenue mix improvement. Earnings Call Highlights
• Positive Sentiment: Marketing/brand expansion: PMI expanded its Ducati Corse partnership to bring the ZYN nicotine?pouch brand onto select MotoGP races, increasing global consumer visibility for ZYN. This supports commercialization efforts for its pouch business. Ducati Partnership / ZYN Promotion
• Neutral Sentiment: Some analysts note valuation concerns even with growth — a view that could cap multiple expansion despite solid fundamentals (rating/valuation discussion). Analyst Note: Growth at an Expensive Price
• Negative Sentiment: Management trimmed outlook: Q2 EPS guidance (2.020–2.070) came in below consensus (~2.12) and FY EPS range was modestly adjusted, reflecting uncertainty — the company explicitly cited heightened competition and regulatory uncertainty around nicotine pouches (ZYN). Reuters: Cuts Annual Profit Forecast

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.