Analysts Set Philip Morris International Inc. (NYSE:PM) PT at $192.56

Shares of Philip Morris International Inc. (NYSE:PM) have been given a consensus recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $192.5556.

A number of equities analysts have recently issued reports on PM shares. UBS Group cut their price objective on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating on the stock in a research report on Friday, April 17th. Citigroup increased their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Stifel Nicolaus dropped their price target 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. Jefferies Financial Group cut shares of Philip Morris International from a “buy” rating to a “hold” rating and dropped their price target for the company from $220.00 to $180.00 in a research report on Tuesday, January 20th. Finally, Morgan Stanley dropped their price target on shares of Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th.

Insider Activity at Philip Morris International

In other 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 transaction of $14,574,400.00. Following the completion of the sale, the chief executive officer owned 632,344 shares in the company, valued at $115,200,429.92. This trade represents a 11.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’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 sale, the chief financial officer owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On Philip Morris International

Large investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its position in Philip Morris International by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock valued at $84,922,000 after buying an additional 51,399 shares during the period. Schroder Investment Management Group boosted its position in Philip Morris International by 10.2% during the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after buying an additional 27,979 shares during the period. Trajan Wealth LLC boosted its position in Philip Morris International by 31.2% during the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after buying an additional 31,490 shares during the period. Dynasty Wealth Management LLC boosted its position in Philip Morris International by 53.0% during the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after buying an additional 9,622 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its position in Philip Morris International by 23.6% during the third quarter. Stratos Wealth Partners LTD. now owns 43,926 shares of the company’s stock valued at $7,125,000 after buying an additional 8,392 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Stock Down 1.1%

NYSE PM opened at $189.66 on Tuesday. The company has a market capitalization of $295.59 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 2.18 and a beta of 0.37. Philip Morris International has a twelve month low of $142.11 and a twelve month high of $192.95. The stock has a fifty day simple moving average of $166.78 and a 200 day simple moving average of $165.61.

Philip Morris International (NYSE:PM) last issued 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 for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.69 earnings per share. 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 expect that Philip Morris International will post 8.45 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a $1.47 dividend. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.1%. Philip Morris International’s dividend payout ratio (DPR) is 82.70%.

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.