Philip Morris International (NYSE:PM – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 8.360-8.510 for the period, compared to the consensus estimate of 8.370. The company issued revenue guidance of -. Philip Morris International also updated its Q2 2026 guidance to 2.020-2.070 EPS.
Wall Street Analysts Forecast Growth
PM has been the topic of a number of research reports. Morgan Stanley lowered their price target on Philip Morris International from $205.00 to $190.00 and set an “overweight” rating on the stock in a report on Friday. Needham & Company LLC reduced their price objective on Philip Morris International from $205.00 to $200.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Philip Morris International in a research report on Thursday, January 22nd. Jefferies Financial Group downgraded Philip Morris International from a “buy” rating to a “hold” rating and lowered their target price for the company from $220.00 to $180.00 in a research note on Tuesday, January 20th. Finally, Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $192.56.
Read Our Latest Research Report on PM
Philip Morris International Stock Up 4.8%
Philip Morris International (NYSE:PM – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.96 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.13. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.95 billion. During the same quarter last year, the firm earned $1.69 earnings per share. The firm’s revenue was up 9.1% compared to the same quarter last year. 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. On average, research analysts forecast that Philip Morris International will post 8.36 EPS for the current year.
Philip Morris International Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Thursday, March 19th were paid a dividend of $1.47 per share. The ex-dividend date was Thursday, March 19th. This represents a $5.88 annualized dividend and a yield of 3.7%. Philip Morris International’s dividend payout ratio is presently 80.88%.
Insider Activity at Philip Morris International
In other Philip Morris International news, CEO Jacek Olczak sold 80,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the sale, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. The trade was a 11.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $181.61, for a total transaction of $6,138,418.00. Following the completion of the transaction, the chief financial officer owned 164,463 shares of the company’s stock, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.13% of the stock is currently owned by company insiders.
Philip Morris International News Roundup
Here are the key news stories impacting Philip Morris International this week:
- Positive Sentiment: Q1 results topped expectations: adjusted EPS of $1.96 beat consensus and revenue of $10.15B exceeded estimates, signaling resilient demand. Investing.com: Philip Morris beats Q1 estimates
- Positive Sentiment: Smoke?free product strength: management highlighted continued growth in IQOS and other smoke?free offerings, supporting longer?term revenue mix improvement. WSJ: Sales rise on smoke-free business growth
- Positive Sentiment: Regulatory win for IQOS: the product retains FDA modified?risk authorization, preserving a strategic competitive advantage in reduced?risk products. Zacks: IQOS retains FDA modified-risk authorization
- Neutral Sentiment: FY?2026 EPS guidance roughly in line with street: company issued a 8.360–8.510 EPS range that tracks consensus (~8.37), so full?year outlook is not a major surprise. FinancialPost: Q1 results and FY update
- Negative Sentiment: Near?term EPS guidance missed Q2 consensus: management set Q2 EPS at 2.020–2.070 vs. consensus ~2.12, which markets view as a near?term earnings shortfall. Company press release: Q1 results & guidance
- Negative Sentiment: Company cut its annual profit forecast amid competitive pressure and regulatory uncertainty (notably around Zyn nicotine pouches), which raises medium?term margin concerns. Reuters: Philip Morris cuts annual profit forecast
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Compound Planning Inc. lifted its position in shares of Philip Morris International by 18.6% during the 4th quarter. Compound Planning Inc. now owns 18,066 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,830 shares during the last quarter. TMB Capital Partners LLC acquired a new position in Philip Morris International in the 4th quarter valued at approximately $288,000. Axxcess Wealth Management LLC grew its stake in shares of Philip Morris International by 3.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 32,811 shares of the company’s stock valued at $5,263,000 after purchasing an additional 1,186 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Philip Morris International by 13.8% in the 4th quarter. Corient Private Wealth LLC now owns 592,394 shares of the company’s stock valued at $95,020,000 after buying an additional 71,996 shares during the period. Finally, Ameriflex Group Inc. boosted its stake in Philip Morris International by 36.7% during the 4th quarter. Ameriflex Group Inc. now owns 4,325 shares of the company’s stock worth $694,000 after acquiring an additional 1,160 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.
About Philip Morris International
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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