TrueMark Investments LLC Invests $4.39 Million in Altria Group, Inc. $MO

TrueMark Investments LLC acquired a new stake in shares of Altria Group, Inc. (NYSE:MO) in the third quarter, Holdings Channel.com reports. The firm acquired 66,423 shares of the company’s stock, valued at approximately $4,388,000.

Several other hedge funds have also made changes to their positions in MO. Kercheville Advisors LLC increased its stake in Altria Group by 3.7% during the third quarter. Kercheville Advisors LLC now owns 4,397 shares of the company’s stock valued at $290,000 after acquiring an additional 156 shares during the period. Founders Grove Wealth Partners LLC increased its position in shares of Altria Group by 2.9% during the third quarter. Founders Grove Wealth Partners LLC now owns 5,781 shares of the company’s stock valued at $382,000 after purchasing an additional 165 shares during the period. Westside Investment Management Inc. increased its position in shares of Altria Group by 4.5% during the second quarter. Westside Investment Management Inc. now owns 3,816 shares of the company’s stock valued at $224,000 after purchasing an additional 166 shares during the period. Bar Harbor Wealth Management raised its stake in shares of Altria Group by 3.1% in the second quarter. Bar Harbor Wealth Management now owns 5,656 shares of the company’s stock valued at $332,000 after purchasing an additional 169 shares in the last quarter. Finally, Generali Asset Management SPA SGR lifted its position in Altria Group by 0.3% in the third quarter. Generali Asset Management SPA SGR now owns 50,805 shares of the company’s stock worth $3,356,000 after purchasing an additional 170 shares during the period. Institutional investors own 57.41% of the company’s stock.

More Altria Group News

Here are the key news stories impacting Altria Group this week:

• Positive Sentiment: Investors are chasing yield: coverage highlights a ~7% dividend and frames MO as an attractive income play, supporting buying interest in the stock. Altria Yield at 7%, and the Stock Is Rising
• Positive Sentiment: Short-term price momentum: recent reports note MO is outperforming the market and closing higher on the trading day, reinforcing positive technical/flow dynamics. Altria (MO) Surpasses Market Returns
• Positive Sentiment: Earnings backdrop supportive: previews suggest Wall Street expects earnings growth and the company may have the elements for an earnings beat, which can lift sentiment into the report. Altria (MO) Reports Next Week
• Neutral Sentiment: Dividend comparison pieces and analyst notes (e.g., vs. Coca?Cola) keep the stock in income-focused conversations — helpful for steady demand but not a catalyst alone. Altria vs. Coca-Cola
• Neutral Sentiment: Multiple outlets flag MO as a trending/actively watched stock and publish valuation/income analyses—useful for context but mixed in directional impact. Altria Is a Trending Stock Assessing Altria Valuation
• Neutral Sentiment: Reminder: the company is scheduled to report earnings soon — date reminders and previews can increase trading volume and volatility around the release. Altria Expected to Announce Earnings
• Negative Sentiment: Fundamental caution: coverage warns that past missteps and year?over?year revenue declines could limit upside and justify the low price, tempering longer?term conviction. Altria: Is This High-Yield Dividend Stock Too Cheap to Ignore?

Altria Group Stock Up 1.5%

Shares of MO stock opened at $61.92 on Friday. Altria Group, Inc. has a 12-month low of $50.08 and a 12-month high of $68.60. The company has a market capitalization of $103.95 billion, a P/E ratio of 11.82, a P/E/G ratio of 3.38 and a beta of 0.47. The firm has a 50-day moving average price of $58.69 and a 200 day moving average price of $61.61.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.01. Altria Group had a net margin of 37.89% and a negative return on equity of 319.43%. The firm had revenue of $5.25 billion for the quarter, compared to analysts’ expectations of $5.31 billion. During the same period in the prior year, the firm earned $1.38 earnings per share. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. Altria Group has set its FY 2025 guidance at 5.370-5.45 EPS. As a group, research analysts expect that Altria Group, Inc. will post 5.32 earnings per share for the current year.

Altria Group announced that its Board of Directors has authorized a share buyback plan on Thursday, October 30th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the company to purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Altria Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, December 26th were issued a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Friday, December 26th. Altria Group’s dividend payout ratio (DPR) is currently 80.92%.

Analyst Ratings Changes

Several equities research analysts have issued reports on MO shares. Argus raised shares of Altria Group to a “hold” rating in a report on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Altria Group in a research report on Wednesday, October 8th. UBS Group raised shares of Altria Group from a “neutral” rating to a “buy” rating and increased their price target for the stock from $61.00 to $63.00 in a research report on Friday, January 9th. Finally, The Goldman Sachs Group upped their price objective on Altria Group from $65.00 to $72.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $62.56.

Altria Group Company Profile

Altria Group, Inc (NYSE: MO) is a U.S.-based consumer goods company whose principal business is the manufacture and sale of tobacco products. Headquartered in Richmond, Virginia, the company’s operations are focused primarily on the U.S. market and include the production, marketing and distribution of cigarettes, smokeless tobacco and cigars. Its flagship cigarette franchise in the United States is sold through its operating subsidiaries and is among the most recognizable cigarette brands in the country.

Altria’s principal operating businesses include Philip Morris USA (cigarettes), U.S.