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

by · The Cerbat Gem

Philip Morris International Inc. (NYSE:PM – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twelve research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $205.8889.

A number of research firms have recently weighed in on PM. UBS Group raised their price target on shares of Philip Morris International from $168.00 to $182.00 and gave the company a “neutral” rating in a report on Thursday, July 2nd. Barclays boosted their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Needham & Company LLC increased their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. BTIG Research set a $221.00 price target on shares of Philip Morris International and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a report on Monday, August 17th.

Get Our Latest Report on Philip Morris International

Institutional Investors Weigh In On Philip Morris International

Large investors have recently modified their holdings of the business. AG Campbell Advisory LLC purchased a new position in shares of Philip Morris International in the fourth quarter worth $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Philip Morris International during the second quarter valued at $29,000. Portfolio Resources Advisor Group Inc. acquired a new position in shares of Philip Morris International in the 4th quarter valued at $26,000. Vermillion Wealth Management Inc. increased its position in shares of Philip Morris International by 146.5% in the 1st quarter. Vermillion Wealth Management Inc. now owns 175 shares of the company’s stock valued at $29,000 after acquiring an additional 104 shares during the period. Finally, Cedar Mountain Advisors LLC raised its stake in Philip Morris International by 60.2% in the 1st quarter. Cedar Mountain Advisors LLC now owns 189 shares of the company’s stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.0%

Shares of NYSE PM opened at $188.56 on Monday. The stock has a market capitalization of $293.90 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 2.42 and a beta of 0.37. The stock’s fifty day simple moving average is $189.31 and its two-hundred day simple moving average is $179.06. Philip Morris International has a 12-month low of $142.11 and a 12-month high of $207.76.

Philip Morris International (NYSE:PM – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, topping 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 firm had revenue of $11.19 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same period in the previous year, the company posted $1.89 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities analysts predict that Philip Morris International will post 8.48 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Friday, October 2nd will be given a dividend of $1.60 per share. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $6.40 annualized dividend and a yield of 3.4%. This is an increase from Philip Morris International’s previous quarterly dividend of $1.47. Philip Morris International’s dividend payout ratio is currently 84.48%.

Philip Morris International Company Profile

(Get Free Report)

Philip Morris International Inc is a global tobacco and nicotine company headquartered in Stamford, Connecticut. The company develops, manufactures and markets cigarettes, smoke-free products, nicotine products and related consumer offerings in markets around the world.

Its portfolio includes internationally recognized cigarette brands such as Marlboro, Parliament, L&M and Chesterfield. PMI is also expanding beyond traditional cigarettes through heated-tobacco products, including IQOS, e-vapor products such as VEEV, and oral nicotine products including ZYN, which became part of the company’s portfolio following its acquisition of Swedish Match.

Philip Morris International was established as an independent company in 2008 after being separated from Altria Group, whose U.S.

Further Reading