Indivisible Partners acquired a new position in Altria Group, Inc. (NYSE:MO – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,125 shares of the company’s stock, valued at approximately $1,680,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in MO. Marshall Wace LLP increased its stake in shares of Altria Group by 286.7% in the third quarter. Marshall Wace LLP now owns 4,479,699 shares of the company’s stock worth $295,929,000 after acquiring an additional 3,321,262 shares during the period. Ameriprise Financial Inc. boosted its holdings in Altria Group by 19.4% during the third quarter. Ameriprise Financial Inc. now owns 19,567,823 shares of the company’s stock worth $1,285,575,000 after buying an additional 3,172,753 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Altria Group by 438.6% during the fourth quarter. SG Americas Securities LLC now owns 3,637,678 shares of the company’s stock worth $209,749,000 after buying an additional 2,962,270 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Altria Group by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 160,980,626 shares of the company’s stock worth $9,282,143,000 after buying an additional 1,903,530 shares in the last quarter. Finally, Freestone Grove Partners LP purchased a new stake in Altria Group during the third quarter worth $89,460,000. Institutional investors and hedge funds own 57.41% of the company’s stock.
Altria Group Stock Down 0.8%
MO opened at $72.80 on Wednesday. The company has a market cap of $121.56 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 2.91 and a beta of 0.48. Altria Group, Inc. has a 52-week low of $54.70 and a 52-week high of $74.56. The firm’s fifty day simple moving average is $66.80 and its two-hundred day simple moving average is $62.70.
Altria Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, March 25th were issued a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Wednesday, March 25th. Altria Group’s dividend payout ratio (DPR) is presently 88.70%.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on MO shares. Argus raised shares of Altria Group to a “hold” rating in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a report on Monday. Jefferies Financial Group increased their price target on shares of Altria Group from $47.00 to $50.00 and gave the stock an “underperform” rating in a report on Wednesday, March 4th. Stifel Nicolaus increased their price target on shares of Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Citigroup increased 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. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Altria Group has a consensus rating of “Hold” and an average target price of $69.22.
Check Out Our Latest Research Report on Altria Group
Insider Transactions at Altria Group
In other Altria Group news, SVP Charles N. Whitaker sold 27,908 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $67.57, for a total transaction of $1,885,743.56. Following the transaction, the senior vice president directly owned 180,869 shares of the company’s stock, valued at $12,221,318.33. This trade represents a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.10% of the stock is currently owned by insiders.
More Altria Group News
Here are the key news stories impacting Altria Group this week:
- Positive Sentiment: Q1 results and guidance: Altria posted a solid Q1 (EPS and revenue beats) and reaffirmed FY26 EPS guidance, which underpins recent strength in the stock. Strong Q1 Earnings Lift Altria Stock but Limited Upside Ahead
- Positive Sentiment: Momentum/growth thesis: Multiple Zacks pieces highlight Altria’s growth and momentum scores, reinforcing why some investors view MO as a growth / momentum candidate despite being a consumer-staples name. Here’s Why Altria (MO) is a Strong Growth Stock
- Positive Sentiment: Analyst tone generally constructive: coverage summaries (Barchart, others) show analysts are fairly upbeat about MO’s prospects, which supports investor interest. Are Wall Street Analysts Bullish on Altria Stock?
- Positive Sentiment: Relative performance: recent commentary notes Altria has outperformed/held up vs. parts of the consumer staples sector so far this year, attracting defensive-oriented flows. Are Consumer Staples Stocks Lagging Altria Group (MO) This Year?
- Neutral Sentiment: New analyst write-ups (Argus) and sector screens are refreshing coverage but do not materially change the consensus view. Analyst Report: Altria Group Inc
- Neutral Sentiment: Consensus rating remains a “Hold,” reflecting mixed upside/downside views among analysts. Altria Group, Inc. Given Consensus Rating of “Hold” by Analysts
- Neutral Sentiment: Several media pieces (Kalkine, others) flag MO as “worth watching” — useful for investors evaluating entry points but not a catalyst by itself. Is Altria Stock Worth Watching Right Now
- Negative Sentiment: Price-target positioning caps upside: Deutsche Bank raised its target from $60 to $66 but maintained a Hold; that $66 target sits below the recent market price, implying limited analyst upside. Deutsche Bank adjusts Altria Group price target to $66 from $60; maintains hold rating
- Negative Sentiment: Outlook caution: some commentary warns that after the strong rebound, upside may be limited from here — a reason investors are trimming gains or staying cautious. Strong Q1 Earnings Lift Altria Stock but Limited Upside Ahead
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.
See Also
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