Altria Group, Inc. $MO Shares Bought by Deutsche Bank AG

Deutsche Bank AG lifted its position in shares of Altria Group, Inc. (NYSE:MO) by 14.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,577,251 shares of the company’s stock after acquiring an additional 573,236 shares during the period. Deutsche Bank AG’s holdings in Altria Group were worth $329,333,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in Altria Group during the second quarter worth about $27,000. Navalign LLC acquired a new position in Altria Group during the 4th quarter valued at approximately $28,000. Hughes Financial Services LLC grew its stake in Altria Group by 62.9% during the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock worth $29,000 after buying an additional 197 shares during the last quarter. Miller Capital Partners Inc. acquired a new stake in Altria Group in the fourth quarter worth $29,000. Finally, Quattro Advisors LLC bought a new stake in Altria Group in the fourth quarter valued at $33,000. 57.41% of the stock is currently owned by institutional investors.

Altria Group Stock Down 1.6%

NYSE MO opened at $65.87 on Friday. The stock has a market capitalization of $109.99 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 2.37 and a beta of 0.46. The company has a 50 day moving average price of $70.20 and a two-hundred day moving average price of $68.81. Altria Group, Inc. has a 12-month low of $54.70 and a 12-month high of $77.06.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.35 billion. During the same period in the previous year, the business posted $1.44 earnings per share. The firm’s 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. As a group, equities analysts anticipate that Altria Group, Inc. will post 5.67 EPS for the current year.

Analyst Ratings Changes

MO has been the subject of several analyst reports. UBS Group boosted their price objective on Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. The Goldman Sachs Group restated a “buy” rating and set a $77.00 price objective on shares of Altria Group in a research note on Thursday, April 30th. Jefferies Financial Group upped their target price on Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $70.11.

Insider Buying and Selling at Altria Group

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of Altria Group stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total transaction 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 trade represents a 7.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ellen R. Strahlman sold 2,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $72.56, for a total value of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares of the company’s stock, valued at $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by corporate insiders.

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.