UBS Group Increases Philip Morris International (NYSE:PM) Price Target to $182.00

Philip Morris International (NYSE:PM) had its target price lifted by equities research analysts at UBS Group from $168.00 to $182.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price suggests a potential upside of 2.58% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Bank of America reaffirmed a “buy” rating on shares of Philip Morris International in a report on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a research report on Wednesday, May 20th. Stifel Nicolaus decreased their target price on shares of Philip Morris International from $200.00 to $195.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 price target on shares of Philip Morris International in a report on Thursday, April 23rd. Finally, Morgan Stanley increased their price target on Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.62.

Philip Morris International Trading Down 1.9%

Shares of Philip Morris International stock opened at $177.43 on Thursday. The company has a market cap of $276.53 billion, a PE ratio of 24.95, a price-to-earnings-growth ratio of 2.09 and a beta of 0.38. The company has a 50 day moving average of $177.97 and a 200-day moving average of $172.39. Philip Morris International has a 1-year low of $142.11 and a 1-year high of $193.05.

Philip Morris International (NYSE:PM) last released its earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The firm had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a negative return on equity of 142.02% and a net margin of 11.61%.The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.69 earnings per share. Philip Morris International has set its FY 2026 guidance at 8.360-8.510 EPS and its Q2 2026 guidance at 2.020-2.070 EPS. Research analysts forecast that Philip Morris International will post 8.4 earnings per share for the current year.

Institutional Trading of Philip Morris International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Philip Morris International by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 145,262,397 shares of the company’s stock worth $23,300,088,000 after buying an additional 1,793,949 shares during the period. Capital World Investors increased its stake 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 during the period. Capital International Investors raised its position in shares of Philip Morris International by 13.7% during the fourth quarter. Capital International Investors now owns 101,377,875 shares of the company’s stock worth $16,262,967,000 after acquiring an additional 12,227,004 shares during the last quarter. Capital Research Global Investors lifted its stake 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 worth $8,751,407,000 after acquiring an additional 11,013,173 shares during the period. Finally, Bank of America Corp DE lifted its stake 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 worth $2,848,919,000 after acquiring an additional 1,847,421 shares during the period. 78.63% of the stock is currently owned by institutional investors and hedge funds.

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.