Brighton Jones LLC lifted its stake in shares of Altria Group, Inc. (NYSE:MO – Free Report) by 67.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,345 shares of the company’s stock after buying an additional 25,460 shares during the period. Brighton Jones LLC’s holdings in Altria Group were worth $4,266,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in MO. Cortland Associates Inc. MO raised its stake in Altria Group by 1.2% in the 3rd 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 last quarter. Cornerstone Planning Group LLC lifted its position in Altria Group by 5.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company’s stock worth $191,000 after acquiring an additional 143 shares during the period. Riverbend Wealth Management LLC grew its stake in Altria Group by 1.8% during the 3rd quarter. Riverbend Wealth Management LLC now owns 8,194 shares of the company’s stock valued at $552,000 after purchasing an additional 143 shares during the last quarter. Angeles Wealth Management LLC increased its holdings 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 purchasing an additional 146 shares during the period. Finally, Bernardo Wealth Planning LLC increased its holdings 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 purchasing an additional 149 shares during the period. 57.41% of the stock is owned by hedge funds and other institutional investors.
Altria Group Price Performance
NYSE MO opened at $76.08 on Monday. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $79.87. The company has a market capitalization of $126.55 billion, a PE ratio of 15.72, a P/E/G ratio of 2.58 and a beta of 0.43. The company has a fifty day moving average of $71.38 and a 200 day moving average of $69.15.
Altria Group (NYSE:MO – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate 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 for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the firm earned $1.45 EPS. Research analysts expect that Altria Group, Inc. will post 5.70 earnings per share for the current year.
Altria Group Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Tuesday, September 15th were paid a $1.11 dividend. The ex-dividend date was Tuesday, September 15th. This is a positive change from Altria Group’s previous quarterly dividend of $1.06. This represents a $4.44 dividend on an annualized basis and a dividend yield of 5.8%. Altria Group’s dividend payout ratio (DPR) is currently 91.74%.
Insider Activity at Altria Group
In related news, Director Kathryn McQuade bought 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were purchased at an average cost of $67.62 per share, with a total value of $101,430.00. Following the completion of 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.10% of the stock is owned by insiders.
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?
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on MO. Morgan Stanley raised their price objective on Altria Group from $71.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Friday, October 30th. UBS Group upped their target price on Altria Group from $79.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, October 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Altria Group in a report on Monday, October 12th. Barclays raised their price target on shares of Altria Group from $58.00 to $60.00 and gave the stock an “underweight” rating in a research report on Monday, November 2nd. Finally, BTIG Research started coverage on shares of Altria Group in a research note on Tuesday, July 21st. They set a “neutral” rating for the company. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $71.67.
Get Our Latest Report on Altria Group
About Altria Group
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.
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