Philip Morris International Inc. (NYSE:PM) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analyst sentiment is positive: Philip Morris International has a consensus “Moderate Buy” rating, with 10 buy ratings and 2 holds. The average 12-month price target is $205.89, above the reported share price of $191.19.
• Recent results exceeded expectations: The company reported quarterly earnings of $2.20 per share versus the $2.05 consensus estimate, while revenue reached $11.19 billion, up 10.4% year over year and above forecasts.
• Institutional ownership remains high: Hedge funds and other institutional investors own 78.63% of Philip Morris shares, while the stock trades near its 52-week high with a market capitalization of approximately $298 billion.

Shares of Philip Morris International Inc. (NYSE:PM - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the twelve ratings firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $205.8889.

Several equities research analysts have recently commented on the company. Weiss Ratings reissued a "buy (b)" rating on shares of Philip Morris International in a research note on Monday, August 17th. Citigroup raised their price objective on Philip Morris International from $210.00 to $225.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Stifel Nicolaus lifted their price objective on Philip Morris International from $195.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Morgan Stanley boosted their target price on Philip Morris International from $200.00 to $215.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Finally, Needham & Company LLC upped their target price on Philip Morris International from $200.00 to $215.00 and gave the company a "buy" rating in a report on Thursday, July 23rd.

Institutional Investors Weigh In On Philip Morris International

Several institutional investors and hedge funds have recently made changes to their positions in PM. Resurgent Financial Advisors LLC raised its holdings in Philip Morris International by 3.7% in the fourth quarter. Resurgent Financial Advisors LLC now owns 1,523 shares of the company's stock valued at $244,000 after buying an additional 54 shares during the period. Douglass Winthrop Advisors LLC grew its stake in Philip Morris International by 0.3% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 18,344 shares of the company's stock worth $2,942,000 after buying an additional 56 shares during the period. Outlook Wealth Advisors LLC grew its stake in Philip Morris International by 4.6% during the fourth quarter. Outlook Wealth Advisors LLC now owns 1,320 shares of the company's stock worth $212,000 after buying an additional 58 shares during the period. Aristotle Capital Management LLC increased its position in shares of Philip Morris International by 4.4% in the fourth quarter. Aristotle Capital Management LLC now owns 1,384 shares of the company's stock worth $222,000 after acquiring an additional 58 shares in the last quarter. Finally, Platt Wealth Management LLC increased its position in shares of Philip Morris International by 2.1% in the second quarter. Platt Wealth Management LLC now owns 2,833 shares of the company's stock worth $512,000 after acquiring an additional 58 shares in the last quarter. 78.63% of the stock is currently owned by hedge funds and other institutional investors.

Philip Morris International Stock Up 0.1%

NYSE:PM opened at $191.19 on Monday. The firm's fifty day simple moving average is $188.57 and its 200-day simple moving average is $178.85. The stock has a market cap of $298.00 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 2.43 and a beta of 0.37. Philip Morris International has a fifty-two week low of $142.11 and a fifty-two week high of $207.76.

Philip Morris International (NYSE:PM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.05 by $0.15. The firm had revenue of $11.19 billion during the quarter, compared to analysts' expectations of $10.60 billion. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.89 earnings per share. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. Equities analysts anticipate that Philip Morris International will post 8.48 earnings per share for the current year.

About Philip Morris International

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.

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