Philip Morris International (NYSE:PM) Releases FY 2026 Earnings Guidance

Philip Morris International (NYSE:PM) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 8.260-8.41 for the period, compared to the consensus EPS estimate of 8.400. The company issued revenue guidance of -.

Philip Morris International Price Performance

Shares of NYSE PM opened at $192.12 on Friday. The company has a market capitalization of $299.45 billion, a P/E ratio of 27.60, a price-to-earnings-growth ratio of 2.40 and a beta of 0.38. The business’s 50-day moving average price is $183.34 and its two-hundred day moving average price is $176.67. Philip Morris International has a one year low of $142.11 and a one year high of $207.76.

Philip Morris International (NYSE:PM) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. Philip Morris International had a net margin of 11.06% and a negative return on equity of 163.41%. The business had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $10.60 billion. During the same period in the prior year, the firm earned $1.89 EPS. Philip Morris International’s quarterly revenue was up 10.4% compared to the same quarter last year. 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 business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Thursday, June 25th were issued a $1.47 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $5.88 dividend on an annualized basis and a yield of 3.1%. Philip Morris International’s dividend payout ratio is 84.48%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Needham & Company LLC upped their price objective on shares of Philip Morris International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Stifel Nicolaus lifted 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 raised their price objective on shares of Philip Morris International from $205.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday. UBS Group increased their price target on shares of Philip Morris International from $168.00 to $182.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Finally, Bank of America reiterated a “buy” rating on shares of Philip Morris International in a research note on Thursday, May 21st. Eleven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Philip Morris International presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.89.

Institutional Trading of Philip Morris International

A number of large investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD grew its stake in Philip Morris International by 12.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,161,027 shares of the company’s stock valued at $2,271,430,000 after acquiring an additional 1,569,685 shares during the period. Nomura Holdings Inc. grew its position in shares of Philip Morris International by 6,821.6% in the 3rd quarter. Nomura Holdings Inc. now owns 1,490,777 shares of the company’s stock valued at $241,804,000 after purchasing an additional 1,469,239 shares during the period. Federated Hermes Inc. lifted its position in Philip Morris International by 35.8% in the 4th quarter. Federated Hermes Inc. now owns 3,851,091 shares of the company’s stock valued at $617,715,000 after acquiring an additional 1,014,263 shares in the last quarter. Viking Global Investors LP raised its stake in shares of Philip Morris International by 28.1% in the 3rd quarter. Viking Global Investors LP now owns 4,426,128 shares of the company’s stock valued at $717,918,000 after purchasing an additional 971,942 shares during the period. Finally, Boston Partners boosted its position in shares of Philip Morris International by 12.7% during the third quarter. Boston Partners now owns 7,019,625 shares of the company’s stock worth $1,136,402,000 after buying an additional 791,681 shares during the period. Institutional investors own 78.63% of the company’s stock.

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.