Investment Analysts’ Recent Ratings Updates for Philip Morris International (PM)

Several brokerages have updated their recommendations and price targets on shares of Philip Morris International (NYSE: PM) in the last few weeks:

• 11/17/2025 – Philip Morris International had its price target lowered by analysts at Barclays PLC from $220.00 to $180.00. They now have an “overweight” rating on the stock.
• 11/17/2025 – Philip Morris International was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 11/9/2025 – Philip Morris International was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 11/1/2025 – Philip Morris International was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
• 10/22/2025 – Philip Morris International was given a new $175.00 price target on by analysts at Morgan Stanley. They now have an “overweight” rating on the stock.
• 10/22/2025 – Philip Morris International had its “buy” rating reaffirmed by analysts at The Goldman Sachs Group, Inc..
• 10/21/2025 – Philip Morris International was given a new $180.00 price target on by analysts at Stifel Nicolaus.
• 10/8/2025 – Philip Morris International had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.
• 9/27/2025 – Philip Morris International had its “buy (b)” rating reaffirmed by analysts at Weiss Ratings.

Philip Morris International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 20th. Investors of record on Friday, October 3rd were paid a $1.47 dividend. The ex-dividend date was Friday, October 3rd. This is a positive change from Philip Morris International’s previous quarterly dividend of $1.35. This represents a $5.88 annualized dividend and a yield of 3.8%. Philip Morris International’s dividend payout ratio (DPR) is currently 106.52%.

Philip Morris International Inc operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.