Philip Morris International Inc. $PM is RBO & Co. LLC’s 5th Largest Position

RBO & Co. LLC reduced its position in Philip Morris International Inc. (NYSE:PM) by 3.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 182,784 shares of the company’s stock after selling 6,627 shares during the period. Philip Morris International makes up approximately 4.6% of RBO & Co. LLC’s investment portfolio, making the stock its 5th biggest position. RBO & Co. LLC’s holdings in Philip Morris International were worth $29,013,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PM. Brighton Jones LLC lifted its position in shares of Philip Morris International by 31.1% during the fourth quarter. Brighton Jones LLC now owns 8,531 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,023 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Philip Morris International by 4.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,097 shares of the company’s stock worth $252,000 after purchasing an additional 91 shares during the last quarter. Pinebridge Investments L.P. lifted its position in shares of Philip Morris International by 122.8% during the fourth quarter. Pinebridge Investments L.P. now owns 51,438 shares of the company’s stock worth $6,191,000 after purchasing an additional 28,353 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Philip Morris International by 1.7% during the fourth quarter. Integrated Wealth Concepts LLC now owns 45,432 shares of the company’s stock worth $5,468,000 after purchasing an additional 766 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in shares of Philip Morris International by 372.2% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 5,453,285 shares of the company’s stock worth $656,303,000 after purchasing an additional 4,298,530 shares during the last quarter. Institutional investors own 78.63% of the company’s stock.

Philip Morris International Trading Down 1.6%

PM opened at $171.67 on Friday. The business’s 50 day moving average is $173.69 and its 200-day moving average is $165.95. The stock has a market cap of $267.22 billion, a PE ratio of 32.64, a price-to-earnings-growth ratio of 2.54 and a beta of 0.48. Philip Morris International Inc. has a twelve month low of $116.12 and a twelve month high of $186.69.

Philip Morris International (NYSE:PM) last released its quarterly earnings results on Tuesday, July 22nd. The company reported $1.91 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The company had revenue of $10.14 billion for the quarter, compared to analysts’ expectations of $10.33 billion. Philip Morris International had a negative return on equity of 120.86% and a net margin of 9.03%.The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.59 earnings per share. Philip Morris International has set its Q3 2025 guidance at 2.080-2.130 EPS. As a group, analysts forecast that Philip Morris International Inc. will post 7.14 EPS for the current year.

Philip Morris International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 27th were paid a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, June 27th. Philip Morris International’s dividend payout ratio (DPR) is currently 102.66%.

Analyst Ratings Changes

PM has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Philip Morris International from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Wall Street Zen cut shares of Philip Morris International from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Citigroup reissued an “overweight” rating on shares of Philip Morris International in a report on Tuesday, July 22nd. KGI Securities began coverage on shares of Philip Morris International in a report on Monday, August 4th. They issued an “outperform” rating on the stock. Finally, Needham & Company LLC reissued a “buy” rating and issued a $195.00 target price on shares of Philip Morris International in a report on Wednesday, July 23rd. Twelve investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $186.27.

About Philip Morris International

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.