Research Analysts’ Weekly Ratings Changes for Philip Morris International (PM)

Several brokerages have updated their recommendations and price targets on shares of Philip Morris International (NYSE: PM) in the last few weeks:

• 7/24/2026 – Philip Morris International was given a new $221.00 price target by BTIG Research. They now have a “buy” rating on the stock.
• 7/23/2026 – Philip Morris International had its price target raised by Morgan Stanley from $200.00 to $215.00. They now have an “overweight” rating on the stock.
• 7/23/2026 – Philip Morris International had its price target raised by Stifel Nicolaus from $195.00 to $205.00. They now have a “buy” rating on the stock.
• 7/23/2026 – Philip Morris International had its price target raised by Needham & Company LLC from $200.00 to $215.00. They now have a “buy” rating on the stock.
• 7/21/2026 – Philip Morris International is now covered by BTIG Research. They set a “buy” rating and a $216.00 price target on the stock.
• 7/21/2026 – Philip Morris International was upgraded by BTIG Research to “strong-buy”.
• 7/2/2026 – Philip Morris International had its price target raised by UBS Group AG from $168.00 to $182.00. They now have a “neutral” rating on the stock.
• 6/3/2026 – Philip Morris International had its price target raised by Morgan Stanley from $190.00 to $200.00. They now have an “overweight” rating on the stock.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were given a dividend of $1.47 per share. The ex-dividend date was Thursday, June 25th. This represents a $5.88 annualized dividend and a yield of 3.0%. Philip Morris International’s payout ratio is presently 82.70%.

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.