National Bank of Canada FI Has $220.25 Million Holdings in Philip Morris International Inc. $PM

National Bank of Canada FI lessened its holdings in Philip Morris International Inc. (NYSE:PM) by 17.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,357,904 shares of the company’s stock after selling 291,177 shares during the quarter. National Bank of Canada FI owned approximately 0.09% of Philip Morris International worth $220,251,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of PM. Corient Private Wealth LLC boosted its position in shares of Philip Morris International by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 490,590 shares of the company’s stock worth $89,354,000 after purchasing an additional 5,681 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Philip Morris International by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 549,481 shares of the company’s stock worth $84,922,000 after purchasing an additional 51,399 shares during the period. Schroder Investment Management Group increased its holdings in Philip Morris International by 10.2% in the third quarter. Schroder Investment Management Group now owns 302,173 shares of the company’s stock valued at $49,251,000 after purchasing an additional 27,979 shares during the last quarter. Trajan Wealth LLC lifted its stake in Philip Morris International by 31.2% in the third quarter. Trajan Wealth LLC now owns 132,295 shares of the company’s stock valued at $21,458,000 after buying an additional 31,490 shares during the period. Finally, Dynasty Wealth Management LLC lifted its stake in Philip Morris International by 53.0% in the third quarter. Dynasty Wealth Management LLC now owns 27,772 shares of the company’s stock valued at $4,505,000 after buying an additional 9,622 shares during the period. 78.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PM has been the subject of several analyst reports. Wall Street Zen lowered Philip Morris International from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Stifel Nicolaus set a $200.00 price target on shares of Philip Morris International in a research report on Monday, February 9th. Jefferies Financial Group lowered shares of Philip Morris International from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $220.00 to $180.00 in a research note on Tuesday, January 20th. Weiss Ratings restated a “buy (b)” rating on shares of Philip Morris International in a report on Thursday, January 22nd. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $205.00 target price on shares of Philip Morris International in a research note on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $196.83.

Philip Morris International Trading Up 0.0%

NYSE:PM opened at $174.74 on Tuesday. Philip Morris International Inc. has a 1 year low of $142.11 and a 1 year high of $191.30. The stock has a 50-day moving average price of $176.53 and a two-hundred day moving average price of $164.19. The stock has a market cap of $272.01 billion, a price-to-earnings ratio of 24.04, a PEG ratio of 1.99 and a beta of 0.38.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Friday, February 6th. The company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. Philip Morris International had a negative return on equity of 130.95% and a net margin of 12.09%.The company had revenue of $10.36 billion for the quarter, compared to analyst estimates of $10.40 billion. During the same quarter last year, the firm posted $1.55 earnings per share. Philip Morris International’s revenue 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. Sell-side analysts forecast that Philip Morris International Inc. will post 7.14 earnings per share for the current year.

Philip Morris International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 19th will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 3.4%. The ex-dividend date is Thursday, March 19th. Philip Morris International’s dividend payout ratio (DPR) is 80.88%.

Insider Buying and Selling

In other news, CEO Jacek Olczak sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $182.18, for a total transaction of $14,574,400.00. Following the completion of the sale, the chief executive officer owned 632,344 shares of the company’s stock, valued at $115,200,429.92. This represents a 11.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Emmanuel Babeau sold 33,800 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer owned 164,463 shares in the company, valued at approximately $29,868,125.43. The trade was a 17.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.13% 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.