Altria Group, Inc. $MO Shares Newly Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Altria Group, Inc. (NYSE:MO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,048,127 shares of the company’s stock, valued at approximately $137,921,000.

Several other hedge funds also recently made changes to their positions in MO. Procyon Advisors LLC boosted its position in shares of Altria Group by 59.3% in the 1st quarter. Procyon Advisors LLC now owns 38,926 shares of the company’s stock valued at $2,569,000 after purchasing an additional 14,490 shares during the period. Stephens Inc. AR raised its holdings in Altria Group by 8.6% during the 1st quarter. Stephens Inc. AR now owns 266,504 shares of the company’s stock worth $17,696,000 after buying an additional 21,124 shares during the period. Callan Family Office LLC acquired a new stake in Altria Group during the 2nd quarter worth about $2,911,000. Janney Montgomery Scott LLC raised its holdings in Altria Group by 26.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,164,691 shares of the company’s stock worth $83,800,000 after buying an additional 246,702 shares during the period. Finally, Waverly Advisors LLC lifted its stake in Altria Group by 21.6% during the first quarter. Waverly Advisors LLC now owns 95,137 shares of the company’s stock valued at $6,278,000 after buying an additional 16,877 shares in the last quarter. Institutional investors and hedge funds own 57.41% of the company’s stock.

Insider Buying and Selling

In other Altria Group news, Director Kathryn McQuade purchased 1,500 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were acquired at an average price of $67.62 per share, for a total transaction of $101,430.00. Following the acquisition, the director owned 114,929 shares of the company’s stock, valued at $7,771,498.98. This trade represents a 1.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Altria Group Stock Up 1.7%

MO stock opened at $78.03 on Friday. Altria Group, Inc. has a 12-month low of $54.70 and a 12-month high of $79.81. The company has a market cap of $130.29 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 2.76 and a beta of 0.42. The company has a 50 day moving average of $70.45 and a two-hundred day moving average of $68.75.

Altria Group (NYSE:MO) last posted its quarterly earnings results on Thursday, October 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.51 by $0.01. Altria Group had a net margin of 34.51% and a negative return on equity of 330.66%. The business had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $5.31 billion. During the same period in the previous year, the company posted $1.45 EPS. Altria Group’s revenue was up 1.0% on a year-over-year basis. On average, research analysts anticipate that Altria Group, Inc. will post 5.69 EPS for the current year.

Altria Group Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend was Tuesday, September 15th. This is an increase from Altria Group’s previous quarterly dividend of $1.06. Altria Group’s payout ratio is currently 91.74%.

Key Stories Impacting Altria Group

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

• Positive Sentiment: Q3 earnings beat expectations: Adjusted EPS rose to $1.52 from $1.45 a year earlier, exceeding the $1.51 consensus estimate. Net revenue, excluding excise taxes, increased 3.6% to $5.44 billion, supported by higher pricing and stronger smokeable-product profits. Altria MO stock is up, what you need to know
• Positive Sentiment: Higher full-year outlook and buybacks: Altria raised its 2026 adjusted EPS guidance after the quarterly beat and expanded its share-repurchase program. The combination of improved earnings visibility and capital returns helped support the bullish investor reaction. MO Q3 Earnings Call Highlights Higher Guidance and Nicotine Strategy
• Positive Sentiment: Core and next-generation products remain supportive: Needham said Altria’s smokeable volumes continue to outperform the broader industry, helped by its portfolio strategy. Management also highlighted growth in nicotine pouches, giving investors an additional source of expansion beyond traditional cigarettes. Altria’s Smokeable Volumes Continue to Outperform Industry, Needham Says
• Neutral Sentiment: Valuation is attracting attention: Some analysis continues to view Altria as undervalued based on its cash-generation and dividend profile, although the stock’s roughly 153% five-year gain means investors are increasingly focused on whether future cash flows justify the higher valuation. Altria Group Stock Still Appears Undervalued Following Its 153% Run
• Negative Sentiment: Analyst target remains a near-term constraint: Morgan Stanley raised its price target from $71 to $77 but maintained an “equal weight” rating, implying limited upside from the current trading level. This suggests some analysts believe the recent rally has already priced in much of the earnings improvement. Morgan Stanley Altria rating

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MO. BTIG Research initiated coverage on shares of Altria Group in a research report on Tuesday, July 21st. They issued a “neutral” rating on the stock. Barclays reduced their price target on shares of Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research report on Tuesday, August 11th. Morgan Stanley raised their price objective on shares of Altria Group from $71.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Friday. Freedom Broker raised shares of Altria Group to a “hold” rating in a research note on Wednesday, September 16th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Altria Group in a research report on Monday, October 12th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $71.00.

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.