Philip Morris International (NYSE:PM) Stock Price Breaks Below 50 Day Moving Average – Here’s Why

Posted by Brenda Bartman on Nov 10th, 2026

Philip Morris International Inc. (NYSE:PM – Get Free Report)’s stock price passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $195.59 and traded as low as $192.26. Philip Morris International shares last traded at $193.1610, with a volume of 7,329,974 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have commented on PM. Weiss Ratings raised shares of Philip Morris International from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, November 4th. BTIG Research set a $221.00 price objective on shares of Philip Morris International and gave the company a “buy” rating in a research report on Friday, July 24th. Citigroup increased their target price on shares of Philip Morris International from $210.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. UBS Group raised their target price on shares of Philip Morris International from $193.00 to $201.00 and gave the stock a “neutral” rating in a report on Thursday, October 22nd. Finally, Morgan Stanley raised 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.40.

View Our Latest Research Report on PM

Philip Morris International Price Performance

The stock has a market capitalization of $301.07 billion, a PE ratio of 28.20, a P/E/G ratio of 2.83 and a beta of 0.34. The firm has a fifty day moving average price of $195.59 and a two-hundred day moving average price of $182.93.

Philip Morris International (NYSE:PM – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The company reported $2.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.06. Philip Morris International had a negative return on equity of 183.96% and a net margin of 10.73%. The company had revenue of $11.44 billion during the quarter, compared to analysts’ expectations of $11.32 billion. During the same quarter in the previous year, the business earned $2.24 EPS. Philip Morris International’s revenue was up 5.5% compared to the same quarter last year. On average, research analysts expect that Philip Morris International Inc. will post 8.32 earnings per share for the current fiscal year.

Philip Morris International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Friday, October 2nd were given a dividend of $1.60 per share. This represents a $6.40 annualized dividend and a dividend yield of 3.3%. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.47. The ex-dividend date was Friday, October 2nd. Philip Morris International’s dividend payout ratio is 93.43%.

Institutional Trading of Philip Morris International

Large investors have recently made changes to their positions in the stock. BlackRock Inc. increased its stake in Philip Morris International by 0.4% in the 2nd quarter. BlackRock Inc. now owns 108,039,522 shares of the company’s stock worth $19,545,430,000 after buying an additional 444,449 shares during the period. State Street Corp lifted its holdings in Philip Morris International by 1.0% during the 2nd quarter. State Street Corp now owns 55,569,994 shares of the company’s stock valued at $10,134,454,000 after buying an additional 536,968 shares in the last quarter. GQG Partners LLC purchased a new stake in Philip Morris International in the 2nd quarter valued at about $8,220,008,000. Wellington Management Group LLP boosted its position in Philip Morris International by 3.9% in the 2nd quarter. Wellington Management Group LLP now owns 17,506,171 shares of the company’s stock valued at $3,167,041,000 after buying an additional 650,587 shares during the period. Finally, Bank of America Corp DE bought a new position in Philip Morris International in the 2nd quarter worth about $3,075,267,000. 78.63% of the stock is owned by hedge funds and other institutional investors.

About Philip Morris International

(Get Free Report)

Philip Morris International is a global tobacco and nicotine company that develops, manufactures and sells cigarettes and smoke-free products. Its cigarette brands include Marlboro in markets outside the United States, along with other regional and international brands.

The company’s smoke-free portfolio includes IQOS heated tobacco products, ZYN nicotine pouches and VEEV e-vapor products. Philip Morris International sells its products in markets around the world, with availability varying by country and subject to local regulations.

Philip Morris International became an independent publicly traded company in 2008 after separating from Altria Group.