Bcwm LLC Makes New Investment in Altria Group, Inc. $MO

Bcwm LLC acquired a new position in shares of Altria Group, Inc. (NYSE:MO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 87,550 shares of the company’s stock, valued at approximately $6,299,000. Altria Group comprises about 1.8% of Bcwm LLC’s holdings, making the stock its 28th biggest holding.

Several other large investors have also modified their holdings of the stock. Cornerstone Planning Group LLC raised its stake 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 in the last quarter. Angeles Wealth Management LLC boosted its stake in 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 acquiring an additional 146 shares in the last quarter. Bernardo Wealth Planning LLC boosted its stake in 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 acquiring an additional 149 shares in the last quarter. Old Peak Finance LLC grew its holdings in shares of Altria Group by 1.3% during the second quarter. Old Peak Finance LLC now owns 11,920 shares of the company’s stock worth $858,000 after purchasing an additional 151 shares during the last quarter. Finally, Joel Isaacson & Co. LLC grew its holdings in shares of Altria Group by 0.7% during the second quarter. Joel Isaacson & Co. LLC now owns 23,324 shares of the company’s stock worth $1,678,000 after purchasing an additional 152 shares during the last quarter. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Stock Performance

Shares of MO opened at $69.13 on Thursday. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06. The firm has a 50-day simple moving average of $70.14 and a 200-day simple moving average of $68.93. The company has a market capitalization of $115.43 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 2.41 and a beta of 0.46.

Altria Group (NYSE:MO) last issued its quarterly 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 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 analyst estimates of $5.35 billion. During the same quarter last year, the firm earned $1.44 EPS. The business’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. Equities research analysts forecast that Altria Group, Inc. will post 5.67 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MO shares. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Barclays dropped their price target on Altria Group from $64.00 to $58.00 and set an “underweight” rating on the stock in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft lifted their price target on Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Jefferies Financial Group boosted their price objective on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Finally, Stifel Nicolaus raised their target price on shares of Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have given 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 $70.11.

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.