New insider activity at Philip Morris ( (PM) ) has taken place on February 8, 2025.
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Frederic De Wilde, the Pr SSEA CIS & MEA Region leader, has sold 15,000 shares of Philip Morris stock, generating a total of $2,168,100 from the sale.
Recent Updates on PM stock
In the last 24 hours, Philip Morris saw several analysts raise their price targets due to strong financial performance and promising future guidance. Citi increased its target citing robust end-of-year results for 2024 and a better-than-expected 2025 outlook, driven by revenue and margin growth. UBS also raised its target, acknowledging volume growth and EPS increases despite challenges with IQOS and currency impacts, yet noting better-than-expected performance in U.S. ZYN volumes. Morgan Stanley highlighted stronger-than-expected Q4 results and increased confidence in growth prospects, prompting a target increase. Similarly, Stifel pointed to consistent revenue and margin expansion, which stood out in the consumer staples sector, as reasons for its target hike. However, Philip Morris faces strategic risks in acquisitions and divestitures that could impact its financial stability.
More about Philip Morris
YTD Price Performance: 20.0%
Average Trading Volume: 5,119,141
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $225.9B