Needham & Company LLC reiterated their buy rating on shares of Philip Morris International (NYSE:PM – Free Report) in a research note published on Thursday,Benzinga reports. Needham & Company LLC currently has a $200.00 price objective on the stock.
Other analysts have also issued reports about the company. Morgan Stanley reduced their price objective on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Philip Morris International in a research note on Thursday, January 22nd. UBS Group dropped their target price on shares of Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Wall Street Zen downgraded shares of Philip Morris International from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and decreased their price target for the company from $220.00 to $180.00 in a report on Tuesday, January 20th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $192.56.
View Our Latest Stock Analysis on PM
Philip Morris International Price Performance
Philip Morris International (NYSE:PM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.13. Philip Morris International had a negative return on equity of 142.02% and a net margin of 13.42%.The company had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.95 billion. During the same quarter last year, the company posted $1.69 EPS. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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. As a group, sell-side analysts expect that Philip Morris International will post 8.44 earnings per share for the current year.
Philip Morris International Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Thursday, March 19th. Philip Morris International’s dividend payout ratio is presently 80.88%.
Insider Activity
In other news, CEO Jacek Olczak sold 80,000 shares of the company’s stock in a transaction that occurred 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. This represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. This trade represents a 17.05% decrease in their position. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Philip Morris International
Several institutional investors and hedge funds have recently added to or reduced their stakes in PM. AG Campbell Advisory LLC acquired a new stake in Philip Morris International in the fourth quarter valued at $25,000. Marquette Asset Management LLC lifted its holdings in Philip Morris International by 1,677.8% during the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock worth $26,000 after buying an additional 151 shares during the period. Portfolio Resources Advisor Group Inc. acquired a new position in Philip Morris International during the 4th quarter worth about $26,000. Dogwood Wealth Management LLC grew its position in shares of Philip Morris International by 96.5% in the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after buying an additional 82 shares during the last quarter. Finally, Vermillion Wealth Management Inc. grew 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 buying an additional 104 shares during the last quarter. 78.63% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Philip Morris International
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Q1 beat and smoke‑free momentum: PM reported adjusted EPS of $1.96 and revenue of $10.15B (both above consensus); management highlighted strong international smoke‑free product growth that helped offset U.S. headwinds. PM Q1 Deep Dive: International Smoke-Free Growth and Strong Pricing Offset U.S. Headwinds
- Positive Sentiment: Analyst support: Needham reaffirmed a “buy” rating and set a $200 price target, offering upside versus the current level and reinforcing investor confidence. Needham reaffirms buy, $200 PT
- Positive Sentiment: Brand/licensing expansion: PMI expanded its long‑running Ducati Corse partnership so ZYN nicotine pouch branding will appear on select MotoGP liveries — marketing reach for its leading pouch brand. Philip Morris International Expands its Partnership with Ducati Corse as Decades-Long Partnership Races Forward with Purpose
- Neutral Sentiment: Guidance updated: PMI provided Q2 (2.020–2.070 EPS) and FY‑2026 (8.360–8.510 EPS) ranges; FY is roughly in line with consensus but Q2 guidance is slightly below street expectations — a short‑term headwind to estimates. Philip Morris International Reports 2026 First-Quarter Results and Updates 2026 Full-Year Adjusted Diluted EPS Forecast
- Negative Sentiment: Trimmed profit outlook and pouch uncertainty: Management cut its annual profit forecast signaling pressure from competition in nicotine pouches and regulatory uncertainty around ZYN, a factor that investors see as a material forward risk. Philip Morris cuts annual profit forecast
- Negative Sentiment: Illicit market / public policy risk in Canada: RBH (a PMI affiliate) is urging federal coordination after a KPMG report estimated large tax revenue losses from contraband tobacco in Canada — enforcement, taxes or policy responses could affect volumes or spark reputational/regulatory scrutiny. CANADA LOSING $2.1 BILLION IN TAX REVENUE SAYS KPMG REPORT
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.
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