Philip Morris International Inc. (NYSE:PM) Receives $202.00 Consensus Target Price from Brokerages

Shares of Philip Morris International Inc. (NYSE:PM) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $202.00.

Several equities analysts recently commented on PM shares. Morgan Stanley upped their target price on Philip Morris International from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Bank of America reissued a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. UBS Group lifted their price target on Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a research note on Friday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th.

Hedge Funds Weigh In On Philip Morris International

A number of large investors have recently bought and sold shares of the stock. Oldfield Partners LLP boosted its holdings in shares of Philip Morris International by 3.7% in the 2nd quarter. Oldfield Partners LLP now owns 2,800 shares of the company’s stock valued at $507,000 after purchasing an additional 100 shares during the last quarter. Regent Peak Wealth Advisors LLC increased its holdings in shares of Philip Morris International by 5.1% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 2,697 shares of the company’s stock worth $488,000 after buying an additional 132 shares during the last quarter. Annex Advisory Services LLC raised its position in shares of Philip Morris International by 150.8% in the 2nd quarter. Annex Advisory Services LLC now owns 256,496 shares of the company’s stock worth $46,403,000 after buying an additional 154,235 shares during the period. JFS Wealth Advisors LLC raised its position in shares of Philip Morris International by 1.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 4,455 shares of the company’s stock worth $806,000 after buying an additional 66 shares during the period. Finally, Tema ETFs LLC raised its position in shares of Philip Morris International by 10.3% in the 2nd quarter. Tema ETFs LLC now owns 31,005 shares of the company’s stock worth $5,609,000 after buying an additional 2,900 shares during the period. Hedge funds and other institutional investors own 78.63% of the company’s stock.

More Philip Morris International News

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

• Positive Sentiment: Philip Morris doubled its planned investment in its Aurora, Colorado, ZYN manufacturing campus to approximately $1.2 billion through 2028. The facility is intended to increase U.S. production, improve supply-chain resilience and support exports as demand for nicotine pouches grows. The campus could eventually generate about $550 million in annual economic output and support roughly 1,000 indirect jobs. Philip Morris doubles Colorado campus investment to $1.2 billion
• Positive Sentiment: The Aurora campus has opened and expands PMI’s domestic manufacturing capacity, positioning the company to meet rising ZYN demand and establish a strategic U.S. production and export hub. Management’s willingness to invest heavily suggests confidence in the brand’s long-term growth prospects. PMI U.S. Opens $1.2 Billion Aurora Campus
• Positive Sentiment: Reported regulatory approval for ZYN products improves the brand’s U.S. commercial position and provides additional support for future sales growth. Philip Morris Gains Ground After ZYN Approval
• Positive Sentiment: PM’s latest quarterly results exceeded expectations, with earnings per share of $2.20 versus a $2.05 consensus estimate and revenue of $11.19 billion versus $10.60 billion. Revenue increased 10.4% year over year, reinforcing the company’s operating momentum.
• Negative Sentiment: Philip Morris cut its 2026 adjusted earnings forecast for the third time, partly because of unfavorable currency assumptions. However, investors appear to be looking past the reduction because it does not primarily reflect weaker underlying demand and comes alongside substantial ZYN reinvestment. Why Did Philip Morris Rise After Cutting Its 2026 Profit Forecast Again?

Philip Morris International Stock Performance

PM stock opened at $200.34 on Friday. The stock has a market capitalization of $312.26 billion, a P/E ratio of 28.79, a PEG ratio of 2.36 and a beta of 0.38. Philip Morris International has a one year low of $142.11 and a one year high of $207.76. The company has a 50 day moving average price of $183.05 and a two-hundred day moving average price of $176.17.

Philip Morris International (NYSE:PM) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.15. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the previous year, the firm posted $1.89 EPS. Philip Morris International’s revenue was up 10.4% on a year-over-year basis. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Research analysts forecast that Philip Morris International will post 8.35 earnings per share for the current fiscal year.

Philip Morris International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, June 25th. Philip Morris International’s payout ratio is presently 84.48%.

About Philip Morris International

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.