Stifel Nicolaus Issues Positive Forecast for Philip Morris International (NYSE:PM) Stock Price

Philip Morris International (NYSE:PM) had its target price increased by Stifel Nicolaus from $195.00 to $205.00 in a research note issued to investors on Thursday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

PM has been the topic of several other research reports. UBS Group raised their target price on Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. BTIG Research initiated coverage on Philip Morris International in a report on Tuesday. They issued a “buy” rating and a $216.00 price target for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Needham & Company LLC raised their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Morgan Stanley boosted their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $201.44.

Philip Morris International Price Performance

NYSE:PM opened at $191.13 on Thursday. Philip Morris International has a 12 month low of $142.11 and a 12 month high of $199.78. The firm has a market capitalization of $297.89 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 2.29 and a beta of 0.38. The business’s fifty day moving average price is $182.72 and its 200 day moving average price is $175.34.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.15. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 13.05%.Philip Morris International’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. As a group, equities analysts anticipate that Philip Morris International will post 8.37 EPS for the current year.

Philip Morris International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were paid a $1.47 dividend. The ex-dividend date was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s payout ratio is currently 82.70%.

Institutional Investors Weigh In On Philip Morris International

Several hedge funds have recently made changes to their positions in PM. Capital International Investors grew its position in Philip Morris International by 13.7% in the 4th quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock valued at $16,262,967,000 after buying an additional 12,227,004 shares during the last quarter. Capital Research Global Investors raised its position in Philip Morris International by 25.3% during the 4th quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock worth $8,751,407,000 after buying an additional 11,013,173 shares during the last quarter. Capital World Investors lifted its stake in shares of Philip Morris International by 2.8% in the 4th quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock worth $21,230,315,000 after acquiring an additional 3,579,399 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Philip Morris International by 36.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 9,301,112 shares of the company’s stock worth $1,491,898,000 after acquiring an additional 2,475,204 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Philip Morris International by 12.0% in the first quarter. Bank of America Corp DE now owns 17,230,669 shares of the company’s stock valued at $2,848,919,000 after acquiring an additional 1,847,421 shares in the last quarter. Institutional investors and hedge funds own 78.63% of the company’s stock.

Trending Headlines about Philip Morris International

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

• Positive Sentiment: Philip Morris beat Q2 estimates, reporting adjusted EPS of $2.20 on revenue of $11.19 billion, both above expectations, while smoke-free products like IQOS, ZYN, and VEEV drove growth and margin expansion. Philip Morris Trimmed Guidance, But Its Growth Story Looks Unshaken
• Positive Sentiment: Several analysts turned more constructive after the earnings release, including Stifel raising its price target to $205, Needham lifting its target to $215, and BTIG upgrading the stock to strong-buy. Analyst updates on Philip Morris price targets
• Positive Sentiment: The company’s smoke-free business continues to gain traction, with one report noting smoke-free products now make up 42% of revenue, supporting the long-term growth story. Philip Morris: The First $11 Billion Quarter Won’t Be The Last
• Neutral Sentiment: Management raised investment in ZYN and highlighted strong nicotine pouch momentum, which supports growth but also signals higher spending to sustain it. Philip Morris to lift Zyn investment, cigarette demand drives earnings beat
• Negative Sentiment: Philip Morris trimmed full-year EPS guidance, citing currency pressure and costs tied to Middle East conflict, which is weighing on enthusiasm despite the strong quarter. Philip Morris Trims Forecast on Currencies, Iran War Costs

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.