Philip Morris International (NYSE:PM) Issues Q1 2026 Earnings Guidance

Philip Morris International (NYSE:PM) issued an update on its first quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.800-1.850 for the period, compared to the consensus EPS estimate of 1.890. The company issued revenue guidance of -. Philip Morris International also updated its FY 2026 guidance to 8.380-8.530 EPS.

Philip Morris International Stock Up 0.7%

Shares of NYSE:PM opened at $181.63 on Friday. Philip Morris International has a fifty-two week low of $140.02 and a fifty-two week high of $186.69. The firm’s 50 day moving average price is $163.48 and its 200 day moving average price is $161.53. The stock has a market cap of $282.73 billion, a price-to-earnings ratio of 32.90, a price-to-earnings-growth ratio of 1.94 and a beta of 0.39.

Philip Morris International (NYSE:PM) last posted 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 net margin of 9.33% and a negative return on equity of 122.14%. The company had revenue of $10.36 billion during the quarter, compared to analysts’ expectations of $10.40 billion. During the same quarter in the previous year, the business posted $1.55 EPS. The firm’s revenue was up 6.8% on a year-over-year basis. 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. On average, equities analysts anticipate that Philip Morris International will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were given a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, December 26th. Philip Morris International’s dividend payout ratio (DPR) is 106.52%.

Analyst Upgrades and Downgrades

PM has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 26th. Morgan Stanley set a $175.00 price target on shares of Philip Morris International and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Barclays reduced their target price on Philip Morris International from $220.00 to $180.00 and set an “overweight” rating for the company in a report on Monday, November 17th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Philip Morris International in a report on Wednesday, October 22nd. Eleven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.56.

Institutional Trading of Philip Morris International

Several hedge funds have recently modified their holdings of the business. Brighton Jones LLC grew its position in Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after buying an additional 2,023 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Philip Morris International by 53.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,636 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,970 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Philip Morris International by 4.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after acquiring an additional 91 shares in the last quarter. Schneider Downs Wealth Management Advisors LP increased its stake in Philip Morris International by 10.6% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 1,694 shares of the company’s stock valued at $275,000 after purchasing an additional 163 shares in the last quarter. Finally, Safeguard Investment Advisory Group LLC acquired a new position in Philip Morris International during the third quarter worth $203,000. 78.63% of the stock is 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.