SG Trading Solutions LLC Takes $464,000 Position in Altria Group, Inc. $MO

SG Trading Solutions LLC purchased a new stake in shares of Altria Group, Inc. (NYSE:MO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,048 shares of the company’s stock, valued at approximately $464,000.

Other institutional investors also recently bought and sold shares of the company. Johnson & White Wealth Management LLC boosted its position in Altria Group by 1.2% during the 4th quarter. Johnson & White Wealth Management LLC now owns 12,704 shares of the company’s stock valued at $733,000 after acquiring an additional 154 shares in the last quarter. Kanawha Capital Management LLC raised its position in shares of Altria Group by 0.8% in the 4th quarter. Kanawha Capital Management LLC now owns 19,546 shares of the company’s stock worth $1,127,000 after acquiring an additional 160 shares in the last quarter. Strategic Advisors LLC lifted its stake in shares of Altria Group by 2.0% in the 4th quarter. Strategic Advisors LLC now owns 8,243 shares of the company’s stock valued at $475,000 after purchasing an additional 160 shares during the period. Acorn Wealth Advisors LLC lifted its stake in shares of Altria Group by 1.6% in the 4th quarter. Acorn Wealth Advisors LLC now owns 10,117 shares of the company’s stock valued at $583,000 after purchasing an additional 163 shares during the period. Finally, Truvestments Capital LLC boosted its position in shares of Altria Group by 1.6% during the fourth quarter. Truvestments Capital LLC now owns 10,498 shares of the company’s stock valued at $605,000 after purchasing an additional 165 shares in the last quarter. 57.41% of the stock is owned by institutional investors.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Barclays upped their price target on Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Altria Group from $60.00 to $66.00 and gave the company a “hold” rating in a report on Monday, May 4th. Morgan Stanley set a $71.00 target price on shares of Altria Group in a research report on Friday, May 1st. UBS Group increased their price target on shares of Altria Group from $74.00 to $76.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Stifel Nicolaus lifted their price target on shares of Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Altria Group has a consensus rating of “Hold” and a consensus target price of $70.44.

Altria Group Price Performance

Shares of Altria Group stock opened at $69.18 on Friday. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $74.56. The firm’s 50-day moving average is $69.72 and its 200 day moving average is $65.31. The stock has a market cap of $115.53 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 2.59 and a beta of 0.46.

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

Altria Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors 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 dividend yield of 6.1%. Altria Group’s dividend payout ratio (DPR) is 88.70%.

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.