Rare Wolf Capital LLC Purchases Shares of 7,725 Altria Group, Inc. $MO

Rare Wolf Capital LLC purchased a new position in shares of Altria Group, Inc. (NYSE:MO) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 7,725 shares of the company’s stock, valued at approximately $445,000.

Several other hedge funds have also recently made changes to their positions in the business. Darwin Wealth Management LLC acquired a new position in shares of Altria Group in the 2nd quarter valued at about $27,000. Navalign LLC acquired a new position in Altria Group in the fourth quarter valued at approximately $28,000. Creative Capital Management Investments LLC bought a new position in shares of Altria Group during the 4th quarter worth approximately $29,000. Hughes Financial Services LLC grew its position in shares of Altria Group by 62.9% during the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock worth $29,000 after buying an additional 197 shares during the period. Finally, Miller Capital Partners Inc. acquired a new stake in shares of Altria Group during the 4th quarter worth approximately $29,000. 57.41% of the stock is owned by institutional investors.

Altria Group Stock Up 0.3%

Altria Group stock opened at $69.18 on Friday. Altria Group, Inc. has a 52 week low of $54.70 and a 52 week high of $74.56. The company’s 50 day moving average price is $69.67 and its two-hundred day moving average price is $65.28. The stock has a market cap of $115.53 billion, a P/E ratio of 14.47, a P/E/G ratio of 2.58 and a beta of 0.46.

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

Altria Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Monday, June 15th. Altria Group’s dividend payout ratio is 88.70%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MO. Morgan Stanley set a $71.00 target price on shares of Altria Group in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft upped their price objective 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. Citigroup increased their price target on Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Wall Street Zen raised shares of Altria Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Finally, UBS Group raised their target price on Altria Group from $74.00 to $76.00 and gave the company a “buy” rating in a 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 assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $70.44.

Insider Buying and Selling at Altria Group

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of the business’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 approximately $5,332,700.25. The trade was a 7.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ellen R. Strahlman sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the completion of the transaction, the director directly owned 25,102 shares in the company, valued at $1,821,401.12. This trade represents a 7.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.10% of the company’s stock.

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.