14,876 Shares in Altria Group, Inc. $MO Acquired by Koenig Investment Advisory LLC

Koenig Investment Advisory LLC purchased a new position in Altria Group, Inc. (NYSE:MO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,876 shares of the company’s stock, valued at approximately $858,000. Altria Group accounts for about 0.7% of Koenig Investment Advisory LLC’s investment portfolio, making the stock its 22nd largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in shares of Altria Group in the second quarter worth approximately $27,000. Navalign LLC purchased a new position in shares of Altria Group in the fourth quarter worth $28,000. Creative Capital Management Investments LLC purchased a new position in shares of Altria Group in the fourth quarter worth $29,000. Hughes Financial Services LLC raised its holdings in Altria Group by 62.9% during the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after buying an additional 197 shares during the last quarter. Finally, Miller Capital Partners Inc. bought a new stake in Altria Group during the 4th quarter valued at $29,000. Institutional investors own 57.41% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MO shares. Citigroup raised their price target on shares of Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Altria Group from $60.00 to $66.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Barclays increased their target price on shares of Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a report on Friday, May 15th. Bank of America raised their target price on Altria Group from $72.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, Morgan Stanley set a $71.00 price target on Altria Group in a report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $70.44.

Altria Group Stock Performance

MO stock opened at $69.18 on Friday. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $74.56. The company has a market capitalization of $115.53 billion, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 2.59 and a beta of 0.46. The business’s 50 day moving average price is $69.72 and its two-hundred day moving average price is $65.31.

Altria Group (NYSE:MO) last released its earnings results on Thursday, April 30th. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.07. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.The company had revenue of $4.76 billion during the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter last year, the business posted $1.23 EPS. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Sell-side analysts forecast that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.24 annualized dividend and a yield of 6.1%. Altria Group’s dividend payout ratio (DPR) is currently 88.70%.

Insider Buying and Selling at Altria Group

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total value of $418,327.50. Following the sale, the director directly owned 73,809 shares of the company’s stock, valued at $5,332,700.25. This represents a 7.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.10% of the company’s stock.

Altria Group 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.