Huntington National Bank Has $29.07 Million Stake in Philip Morris International Inc. $PM

Huntington National Bank grew its holdings in shares of Philip Morris International Inc. (NYSE:PM) by 2.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 179,194 shares of the company’s stock after purchasing an additional 4,250 shares during the period. Huntington National Bank’s holdings in Philip Morris International were worth $29,065,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new stake in shares of Philip Morris International in the second quarter valued at approximately $25,000. Traub Capital Management LLC acquired a new position in Philip Morris International in the 2nd quarter valued at $25,000. Marquette Asset Management LLC raised its holdings in Philip Morris International by 1,677.8% in the 3rd quarter. Marquette Asset Management LLC now owns 160 shares of the company’s stock valued at $26,000 after acquiring an additional 151 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in shares of Philip Morris International by 96.5% during the 3rd quarter. Dogwood Wealth Management LLC now owns 167 shares of the company’s stock valued at $27,000 after acquiring an additional 82 shares during the period. Finally, Estabrook Capital Management acquired a new stake in shares of Philip Morris International during the 2nd quarter worth $30,000. 78.63% of the stock is owned by institutional investors.

Key Stories Impacting Philip Morris International

Here are the key news stories impacting Philip Morris International this week:

• Positive Sentiment: Argus raised its price target on PM to $210 (from $190) and reiterated a Buy, citing rising contribution from the ZYN nicotine-pouch business — a clear catalyst for upside expectations. Argus Raises Philip Morris (PM) Outlook on Rising Contribution from Nicotine Pouches
• Positive Sentiment: Coverage highlights ZYN’s “explosive” growth as a driver of revenue diversification away from combustible cigarettes — supporting higher margin, pricing power, and longer-term organic growth. Philip Morris International (PM) Gained from Zyn’s Explosive Growth
• Positive Sentiment: Consensus analyst positioning remains constructive: articles note an average “Moderate Buy” / favorable analyst stance, which supports investor conviction on dividends and buybacks. Philip Morris International Inc. (NYSE:PM) Given Average Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Industry comparison pieces (Altria vs. Philip Morris) discuss both companies’ smoke-free strategies and cost discipline — useful context but not an immediate price mover for PM alone. Altria vs. Philip Morris: Which Is the Smarter Play for Now? Altria vs. Philip Morris (Zacks)
• Neutral Sentiment: Market commentary asks whether PM is outperforming the Nasdaq — a broader-market comparison that may influence flow into/away from tobacco stocks but doesn’t change company fundamentals. Is Philip Morris Stock Outperforming the Nasdaq?
• Negative Sentiment: Insider selling: CEO Jacek Olczak sold 80,000 shares and CFO Emmanuel Babeau sold 33,800 shares (mid-February), reducing their holdings — an immediate negative signal to some investors and a likely contributor to near-term selling pressure. CEO Form 4 (SEC) CFO Form 4 (SEC) Emmanuel Babeau Sells 33,800 Shares

Insider Activity at Philip Morris International

In other Philip Morris International news, CFO Emmanuel Babeau sold 33,800 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $181.61, for a total value of $6,138,418.00. Following the completion of the transaction, the chief financial officer directly owned 164,463 shares in the company, valued at approximately $29,868,125.43. This represents a 17.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Jacek Olczak sold 80,000 shares of Philip Morris International stock in a transaction on 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 transaction, the chief executive officer owned 632,344 shares in the company, valued at approximately $115,200,429.92. This trade represents a 11.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Citigroup upped their price objective on shares of Philip Morris International from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Barclays reiterated an “overweight” rating and set a $205.00 price target on shares of Philip Morris International in a research report on Monday. JPMorgan Chase & Co. lowered their price objective on shares of Philip Morris International from $190.00 to $185.00 and set an “overweight” rating for the company in a research report on Wednesday, November 26th. Needham & Company LLC raised their target price on Philip Morris International from $190.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Stifel Nicolaus set a $200.00 price target on Philip Morris International in a research note on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $196.83.

Philip Morris International Price Performance

Shares of Philip Morris International stock opened at $186.55 on Friday. Philip Morris International Inc. has a fifty-two week low of $142.11 and a fifty-two week high of $191.30. The firm has a market capitalization of $290.40 billion, a P/E ratio of 25.66, a P/E/G ratio of 2.14 and a beta of 0.39. The company’s 50 day moving average price is $173.71 and its two-hundred day moving average price is $163.78.

Philip Morris International (NYSE:PM) last announced its quarterly earnings results on Friday, February 6th. The company reported $1.70 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.70. Philip Morris International had a net margin of 12.09% and a negative return on equity of 130.95%. The company had revenue of $10.36 billion during the quarter, compared to the consensus estimate of $10.40 billion. During the same period in the prior year, the business earned $1.55 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. Philip Morris International has set its Q1 2026 guidance at 1.800-1.850 EPS and its FY 2026 guidance at 8.380-8.530 EPS. On average, analysts expect that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Friday, December 26th were issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, December 26th. Philip Morris International’s payout ratio is 80.88%.

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.