Summit Place Financial Advisors LLC bought a new stake in shares of Altria Group, Inc. (NYSE:MO – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,086 shares of the company’s stock, valued at approximately $814,000.
Several other institutional investors have also added to or reduced their stakes in the business. Argyle Capital Partners LLC boosted its stake in Altria Group by 2.2% in the 3rd quarter. Argyle Capital Partners LLC now owns 11,207 shares of the company’s stock worth $755,000 after purchasing an additional 238 shares in the last quarter. Code Waechter LLC increased its stake in shares of Altria Group by 15.1% in the third quarter. Code Waechter LLC now owns 4,439 shares of the company’s stock worth $299,000 after acquiring an additional 582 shares during the period. Bernardo Wealth Planning LLC raised its holdings in shares of Altria Group by 106.3% during the third quarter. Bernardo Wealth Planning LLC now owns 6,972 shares of the company’s stock worth $469,000 after purchasing an additional 3,593 shares during the last quarter. Norris Perne & French LLP MI purchased a new position in shares of Altria Group during the third quarter worth $231,000. Finally, Signaturefd LLC raised its holdings in shares of Altria Group by 5.6% during the third quarter. Signaturefd LLC now owns 46,664 shares of the company’s stock worth $3,142,000 after purchasing an additional 2,467 shares during the last quarter. Institutional investors and hedge funds own 57.41% of the company’s stock.
Altria Group Price Performance
NYSE:MO opened at $74.38 on Monday. The company has a 50 day moving average price of $69.58 and a 200-day moving average price of $69.95. Altria Group, Inc. has a 1-year low of $54.70 and a 1-year high of $77.06. The firm has a market cap of $124.19 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 2.64 and a beta of 0.42.
Altria Group (NYSE:MO – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%. The firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.35 billion. During the same period last year, the company posted $1.44 earnings per share. The business’s quarterly revenue was up 1.2% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, sell-side analysts anticipate that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.
Altria Group Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Tuesday, September 15th were given a $1.11 dividend. This represents a $4.44 dividend on an annualized basis and a dividend yield of 6.0%. This is an increase from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date was Tuesday, September 15th. Altria Group’s payout ratio is currently 93.67%.
Insider Buying and Selling at Altria Group
In other news, Director Kathryn McQuade bought 1,500 shares of the stock in a transaction dated Wednesday, September 9th. The shares were acquired at an average cost of $67.62 per share, with a total value of $101,430.00. Following the purchase, the director directly owned 114,929 shares in the company, valued at $7,771,498.98. The trade was a 1.32% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.
More Altria Group News
Here are the key news stories impacting Altria Group this week:
- Positive Sentiment: Analysts expect Altria to benefit from favorable earnings comparisons and estimates, raising the possibility of an earnings beat in the upcoming report. A stronger-than-expected result could support the stock and reinforce fiscal 2026 EPS guidance of $5.61–$5.72. Altria (MO) Earnings Expected to Grow: Should You Buy?
- Positive Sentiment: Altria extended its $3 billion senior unsecured revolving credit facility by one year to October 2030. The unchanged terms preserve a substantial liquidity backstop and provide flexibility for working capital, capital allocation and shareholder returns ahead of earnings. Earnings Beat Hopes Could Matter For Altria Stock
- Neutral Sentiment: Altria remains popular with income-focused investors because of its roughly 5.7% yield, repeated dividend increases and long-term total returns driven primarily by distributions rather than share-price appreciation. This may attract defensive investors, particularly when cash flows remain resilient. Altria’s Stock Has a Surprising 10-Year Return
- Negative Sentiment: Altria pays out approximately 89.3% of earnings as dividends. While the payout supports the stock’s income appeal, the limited earnings retained for reinvestment leaves less cushion if cigarette volumes decline, regulatory pressures increase or earnings weaken. Altria Pays Out 89.3% of Its Earnings as Dividends
- Negative Sentiment: Longer-term concerns remain over shrinking cigarette volumes, previous write-downs and Altria’s weaker position in smoke-free products. Those structural risks may be weighing on the shares even as investors await a potentially favorable quarterly update.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on MO. BTIG Research started coverage on shares of Altria Group in a research report on Tuesday, July 21st. They set a “neutral” rating for the company. Freedom Broker raised Altria Group to a “hold” rating in a research report on Wednesday, September 16th. Barclays reduced their price objective on Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research note on Tuesday, August 11th. UBS Group lifted their price objective on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a report on Monday, October 12th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Altria Group has a consensus rating of “Hold” and an average price target of $70.11.
Check Out Our Latest Stock Report on MO
Altria Group Profile
Altria Group, Inc is a U.S.-based consumer products company focused primarily on tobacco, nicotine and related products. Through its operating companies, Altria sells cigarettes, cigars, pipe tobacco, oral tobacco and nicotine products, and electronic vapor products.
Altria’s principal cigarette business is Philip Morris USA, whose portfolio includes Marlboro, Parliament and Virginia Slims. Its other major brands include Copenhagen and Skoal moist smokeless tobacco, Black & Mild cigars, on! nicotine pouches and NJOY electronic cigarettes.
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