Stifel Nicolaus Has Lowered Expectations for Philip Morris International (NYSE:PM) Stock Price

Philip Morris International (NYSE:PM) had its price objective lowered by equities research analysts at Stifel Nicolaus from $200.00 to $195.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price target suggests a potential upside of 22.08% from the stock’s previous close.

Several other research firms have also recently commented on PM. UBS Group restated a “neutral” rating and set a $181.50 price target on shares of Philip Morris International in a research note on Monday, February 9th. Jefferies Financial Group cut Philip Morris International from a “buy” rating to a “hold” rating and cut their price target for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Citigroup upped their price target on Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley restated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research note on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Ten research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $196.28.

Philip Morris International Trading Down 0.9%

Shares of Philip Morris International stock traded down $1.52 during trading hours on Friday, hitting $159.73. 375,787 shares of the company were exchanged, compared to its average volume of 5,225,577. Philip Morris International has a 1 year low of $142.11 and a 1 year high of $191.30. The business has a 50-day moving average of $174.17 and a 200-day moving average of $163.97. The stock has a market capitalization of $248.94 billion, a price-to-earnings ratio of 21.97, a P/E/G ratio of 1.83 and a beta of 0.43.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The business had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the prior year, the business earned $1.55 earnings per share. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. As a group, research analysts anticipate that Philip Morris International will post 7.14 earnings per share for the current fiscal year.

Insider Buying and Selling at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the transaction, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $182.18, for a total value of $14,574,400.00. Following the completion of the transaction, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. The trade was a 11.23% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.13% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Philip Morris International by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock valued at $23,300,088,000 after buying an additional 1,793,949 shares in the last quarter. Capital World Investors increased its position in shares of Philip Morris International by 2.8% in the fourth quarter. Capital World Investors now owns 132,355,726 shares of the company’s stock valued at $21,230,315,000 after buying an additional 3,579,399 shares in the last quarter. Capital International Investors increased its position in shares of Philip Morris International by 13.7% in the fourth 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 in the last quarter. Capital Research Global Investors increased its position in shares of Philip Morris International by 25.3% in the fourth quarter. Capital Research Global Investors now owns 54,559,706 shares of the company’s stock valued at $8,751,407,000 after buying an additional 11,013,173 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Philip Morris International by 2.5% in the fourth quarter. Invesco Ltd. now owns 15,631,408 shares of the company’s stock valued at $2,507,278,000 after buying an additional 383,786 shares in the last quarter. Hedge funds and other institutional investors own 78.63% of the company’s stock.

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.