27,150 Shares in Altria Group, Inc. $MO Purchased by P.A.W. Capital Corp

P.A.W. Capital Corp purchased a new position in shares of Altria Group, Inc. (NYSE:MO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 27,150 shares of the company’s stock, valued at approximately $1,953,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MO. Darwin Wealth Management LLC acquired a new stake in shares of Altria Group in the second quarter valued at approximately $27,000. Navalign LLC bought a new stake in Altria Group in the 4th quarter valued at $28,000. Hughes Financial Services LLC lifted 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 purchasing an additional 197 shares during the last quarter. Miller Capital Partners Inc. acquired a new stake in Altria Group during the 4th quarter valued at $29,000. Finally, Quattro Advisors LLC bought a new position in Altria Group during the fourth quarter worth $33,000. Institutional investors own 57.41% of the company’s stock.

Wall Street Analysts Forecast Growth

MO has been the topic of a number of research reports. Citigroup upped their price target on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. BTIG Research began coverage on Altria Group in a report on Tuesday, July 21st. They set a “neutral” rating for the company. Morgan Stanley set a $71.00 target price on Altria Group in a research report on Friday, May 1st. Jefferies Financial Group increased their target price on Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $70.11.

Altria Group Price Performance

Shares of NYSE MO opened at $65.05 on Friday. The business has a fifty day moving average price of $70.96 and a two-hundred day moving average price of $68.72. The stock has a market capitalization of $108.62 billion, a PE ratio of 13.72, a P/E/G ratio of 2.28 and a beta of 0.46. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06.

Altria Group (NYSE:MO) last released its earnings results on Thursday, July 30th. The company reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.02). Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The company had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period last year, the company posted $1.44 earnings per share. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities analysts expect that Altria Group, Inc. will post 5.67 EPS for the current year.

Insider Activity

In other Altria Group news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’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 transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were 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 $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. Corporate insiders own 0.10% of the company’s stock.

About Altria Group

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.