International Assets Investment Management LLC Sells 35,571 Shares of Altria Group, Inc. $MO

International Assets Investment Management LLC lowered its holdings in Altria Group, Inc. (NYSE:MO) by 50.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,273 shares of the company’s stock after selling 35,571 shares during the period. International Assets Investment Management LLC’s holdings in Altria Group were worth $2,295,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MO. Cortland Associates Inc. MO raised its position in Altria Group by 1.2% in the third quarter. Cortland Associates Inc. MO now owns 11,079 shares of the company’s stock worth $746,000 after acquiring an additional 131 shares during the period. Cornerstone Planning Group LLC increased its position in Altria Group by 5.8% in the first quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company’s stock worth $191,000 after buying an additional 143 shares during the last quarter. Riverbend Wealth Management LLC raised its stake in shares of Altria Group by 1.8% in the third quarter. Riverbend Wealth Management LLC now owns 8,194 shares of the company’s stock valued at $552,000 after buying an additional 143 shares during the period. Angeles Wealth Management LLC raised its stake in shares of Altria Group by 1.3% in the second quarter. Angeles Wealth Management LLC now owns 11,239 shares of the company’s stock valued at $821,000 after buying an additional 146 shares during the period. Finally, Bernardo Wealth Planning LLC raised its stake in shares of Altria Group by 4.6% in the second quarter. Bernardo Wealth Planning LLC now owns 3,379 shares of the company’s stock valued at $243,000 after buying an additional 149 shares during the period. Institutional investors own 57.41% of the company’s stock.

Altria Group Price Performance

MO opened at $76.08 on Monday. The firm has a market capitalization of $126.55 billion, a P/E ratio of 15.72, a price-to-earnings-growth ratio of 2.58 and a beta of 0.43. Altria Group, Inc. has a one year low of $54.70 and a one year high of $79.87. The company has a fifty day moving average price of $71.38 and a 200-day moving average price of $69.15.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, October 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.51 by $0.01. The company had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $5.31 billion. Altria Group had a negative return on equity of 330.66% and a net margin of 34.51%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.45 earnings per share. On average, analysts expect that Altria Group, Inc. will post 5.70 earnings per share for the current year.

Altria Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Tuesday, September 15th were paid a $1.11 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $4.44 dividend on an annualized basis and a yield of 5.8%. This is an increase from Altria Group’s previous quarterly dividend of $1.06. Altria Group’s dividend payout ratio is currently 91.74%.

Trending Headlines about Altria Group

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

• Positive Sentiment: Altria reported third-quarter 2026 sales of $5.441 billion, net income of $2.518 billion and continuing-operations EPS of $1.51. The company also extended its long-running dividend-increase streak, continued share repurchases and pointed to growth in its on! nicotine pouch brand—supporting the case for earnings and cash returns. Are Strong Earnings Altering The Investment Case For Altria Stock (MO)?
• Positive Sentiment: Several articles highlighted MO’s high shareholder yield and appeal to investors seeking defensive income amid market volatility. One characterized the stock as trading in a buy zone as investors rotated toward consumer staples. Meet the High-Yield Dividend Stock Quietly Crushing the S&P 500 4 Stocks With Solid Shareholder Yields to Buy Amid US Market Decline Altria Stock Trades In Buy Zone As Investors Shift To Defense
• Neutral Sentiment: Commentary questioning whether Altria’s dividend adequately compensates investors for its share-price risks highlights the need to weigh income against potential capital returns. The supplied article summary does not detail a new company-specific concern. Is Altria’s Dividend Enough To Make Up For Its Share Price?

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MO. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a research report on Monday, October 12th. Freedom Broker raised Altria Group to a “hold” rating in a report on Wednesday, September 16th. UBS Group boosted their price objective on Altria Group from $79.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, October 30th. Citigroup increased their target price on shares of Altria Group from $70.00 to $72.00 and gave the stock a “neutral” rating in a research report on Friday, October 30th. Finally, Barclays lifted their target price on shares of Altria Group from $58.00 to $60.00 and gave the stock an “underweight” rating in a research note on Monday, November 2nd. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $71.67.

Insider Buying and Selling at Altria Group

In other Altria Group news, Director Kathryn McQuade purchased 1,500 shares of the stock in a transaction on Wednesday, September 9th. The shares were purchased at an average price of $67.62 per share, with a total value of $101,430.00. Following the acquisition, the director directly owned 114,929 shares in the company, valued at approximately $7,771,498.98. The trade was a 1.32% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.10% of the stock is currently owned by insiders.

Altria Group Profile

Altria Group, Inc is a U.S.-based tobacco and nicotine company whose businesses focus primarily on the domestic market. Its products include cigarettes, smokeless tobacco, cigars, oral nicotine products and e-vapor products.

Altria’s portfolio includes Marlboro cigarettes, made by Philip Morris USA; Copenhagen and Skoal smokeless tobacco products, made by U.S. Smokeless Tobacco Company; and products from John Middleton and Helix Innovations. The company also owns NJOY, an e-vapor brand.

The company was established as Philip Morris Companies Inc and adopted the Altria name in 2003.