Vermillion & White Wealth Management Group LLC Buys Shares of 13,237 Altria Group, Inc. $MO

Vermillion & White Wealth Management Group LLC bought a new position in Altria Group, Inc. (NYSE:MO) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 13,237 shares of the company’s stock, valued at approximately $952,000. Altria Group comprises approximately 0.5% of Vermillion & White Wealth Management Group LLC’s portfolio, making the stock its 24th biggest position.

Other institutional investors have also modified their holdings of the company. Cornerstone Planning Group LLC boosted its position in shares of Altria Group by 5.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company’s stock valued at $191,000 after acquiring an additional 143 shares during the last quarter. Angeles Wealth Management LLC increased its position in Altria Group by 1.3% during the second quarter. Angeles Wealth Management LLC now owns 11,239 shares of the company’s stock worth $821,000 after purchasing an additional 146 shares during the last quarter. Bernardo Wealth Planning LLC increased its position in Altria Group by 4.6% during the second quarter. Bernardo Wealth Planning LLC now owns 3,379 shares of the company’s stock worth $243,000 after purchasing an additional 149 shares during the last quarter. Old Peak Finance LLC raised its stake in 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 period. Finally, Joel Isaacson & Co. LLC raised its stake in 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 period. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Altria Group Trading Up 1.5%

Shares of MO opened at $68.68 on Friday. The firm has a market cap of $114.68 billion, a P/E ratio of 14.49, a price-to-earnings-growth ratio of 2.40 and a beta of 0.46. Altria Group, Inc. has a 12-month low of $54.70 and a 12-month high of $77.06. The company’s 50-day moving average price is $70.10 and its 200 day moving average price is $68.95.

Altria Group (NYSE:MO) last posted its earnings results on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). The company had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.44 EPS. 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 earnings per share for the current year.

Altria Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Tuesday, September 15th will be issued a $1.11 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $4.44 annualized dividend and a dividend yield of 6.5%. This is an increase from Altria Group’s previous quarterly dividend of $1.06. Altria Group’s dividend payout ratio (DPR) is currently 89.45%.

More Altria Group News

Here are the key news stories impacting Altria Group this week:

• Positive Sentiment: Altria raised its quarterly dividend 4.7% to $1.11 per share, payable October 9 to shareholders of record September 15. The increase reinforces Altria’s reputation as a high-yield income stock, with an annualized yield of approximately 6.5%, and may be supporting investor demand. Altria Increases Quarterly Dividend to $1.11 Per Share
• Positive Sentiment: The election of Steve Presley to Altria’s board adds a director with extensive consumer-products and business leadership experience. While not an immediate earnings catalyst, the appointment could support oversight and long-term strategic execution. Altria Announces Election of Steve Presley to Altria’s Board of Directors
• Neutral Sentiment: Analyst commentary continues to focus on Altria’s valuation, dividend durability and efforts to expand beyond traditional cigarettes. The stock’s roughly 95% five-year gain highlights its strong performance, but also raises questions about how much future growth is already reflected in the price. Altria Stock Looks Reasonably Priced
• Negative Sentiment: The FDA authorized three new JUUL2 e-cigarette products, including flavored pods. The decision validates the regulated nicotine-vapor category but may intensify competition for Altria’s NJOY business and other reduced-risk products, potentially limiting market-share gains. FDA Allows Marketing of Juul’s New E-Cigarettes and Flavored Pods

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Citigroup boosted their target price on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, May 1st. UBS Group raised their price target on shares of Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. BTIG Research initiated coverage on shares of Altria Group in a research report on Tuesday, July 21st. They set a “neutral” rating on the stock. Stifel Nicolaus upped their price objective on Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, Wall Street Zen lowered Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Five 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $70.11.

Altria Group Company 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.