Philip Morris International (NYSE:PM – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 8.310-8.460 for the period, compared to the consensus EPS estimate of 8.420. The company issued revenue guidance of -.
Analyst Ratings Changes
Several equities analysts have weighed in on PM shares. UBS Group dropped their target price on Philip Morris International from $181.50 to $168.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Needham & Company LLC reiterated a “buy” rating and set a $200.00 target price on shares of Philip Morris International in a report on Thursday, April 23rd. Morgan Stanley raised their price target on shares of Philip Morris International from $190.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Philip Morris International in a research note on Wednesday, May 20th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $192.88.
View Our Latest Report on Philip Morris International
Philip Morris International Price Performance
Philip Morris International (NYSE:PM – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $9.95 billion. Philip Morris International had a net margin of 11.61% and a negative return on equity of 142.02%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, equities analysts expect that Philip Morris International will post 8.4 EPS for the current fiscal year.
Institutional Investors Weigh In On Philip Morris International
Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE grew its position in Philip Morris International by 4.0% during the fourth quarter. Bank of America Corp DE now owns 15,383,248 shares of the company’s stock worth $2,467,473,000 after buying an additional 594,867 shares during the period. Northern Trust Corp lifted its position in shares of Philip Morris International by 2.8% during the 3rd quarter. Northern Trust Corp now owns 14,701,879 shares of the company’s stock valued at $2,384,645,000 after acquiring an additional 401,381 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Philip Morris International by 12.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,161,027 shares of the company’s stock worth $2,271,430,000 after acquiring an additional 1,569,685 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Philip Morris International by 1.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,338,069 shares of the company’s stock worth $2,139,869,000 after acquiring an additional 191,257 shares in the last quarter. Finally, Boston Partners grew its holdings in shares of Philip Morris International by 12.7% in the 3rd quarter. Boston Partners now owns 7,019,625 shares of the company’s stock worth $1,136,402,000 after acquiring an additional 791,681 shares during the period. 78.63% of the stock is currently owned by hedge funds and other institutional investors.
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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