Analysts Set Philip Morris International Inc. (NYSE:PM) Price Target at $205.89

Posted by Stanley Muller on Aug 27th, 2026

Shares of Philip Morris International Inc. (NYSE:PM – Get Free Report) have received an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $205.8889.

A number of 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. Stifel Nicolaus upped their price target on shares of Philip Morris International from $195.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Barclays increased their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Bank of America restated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Finally, Morgan Stanley lifted their target price on shares of Philip Morris International from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd.

Get Our Latest Research Report on PM

Hedge Funds Weigh In On Philip Morris International

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PM. HORAN Wealth LLC boosted its stake in Philip Morris International by 108.9% during the 2nd quarter. HORAN Wealth LLC now owns 2,561 shares of the company’s stock valued at $463,000 after purchasing an additional 1,335 shares during the last quarter. Amundi raised its stake in shares of Philip Morris International by 6.9% in the second quarter. Amundi now owns 1,063,294 shares of the company’s stock worth $192,361,000 after purchasing an additional 68,174 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Philip Morris International by 1.0% in the second quarter. HighTower Advisors LLC now owns 980,986 shares of the company’s stock worth $177,470,000 after purchasing an additional 9,240 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Philip Morris International during the second quarter valued at $89,297,000. Finally, First Eagle Investment Management LLC lifted its holdings in shares of Philip Morris International by 0.6% during the second quarter. First Eagle Investment Management LLC now owns 5,925,468 shares of the company’s stock valued at $1,071,976,000 after purchasing an additional 33,010 shares in the last quarter. 78.63% of the stock is owned by institutional investors.

Philip Morris International Stock Up 0.0%

Shares of PM opened at $193.94 on Thursday. The business’s 50 day moving average price is $186.71 and its 200-day moving average price is $178.64. Philip Morris International has a 52 week low of $142.11 and a 52 week high of $207.76. The stock has a market cap of $302.28 billion, a P/E ratio of 27.86, a P/E/G ratio of 2.34 and a beta of 0.38.

Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.15. The company had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $10.60 billion. Philip Morris International had a negative return on equity of 163.41% and a net margin of 11.06%.The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 EPS. Philip Morris International has set its Q3 2026 guidance at 2.200-2.25 EPS. On average, equities analysts anticipate that Philip Morris International will post 8.33 EPS for the current year.

Philip Morris International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Thursday, June 25th were given a dividend of $1.47 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 annualized dividend and a dividend yield of 3.0%. Philip Morris International’s dividend payout ratio (DPR) is 84.48%.

About Philip Morris International

(Get Free Report)

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.