Radnor Capital Management LLC Has $2.55 Million Stock Position in Altria Group, Inc. $MO

Radnor Capital Management LLC boosted its position in shares of Altria Group, Inc. (NYSE:MO) by 68.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,196 shares of the company’s stock after purchasing an additional 18,000 shares during the quarter. Radnor Capital Management LLC’s holdings in Altria Group were worth $2,548,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in shares of Altria Group during the 2nd quarter worth approximately $27,000. Navalign LLC bought a new stake in shares of Altria Group during the fourth quarter worth approximately $28,000. EMC Capital Management acquired a new position in Altria Group in the third quarter valued at approximately $33,000. Creative Capital Management Investments LLC acquired a new position in Altria Group in the fourth quarter valued at approximately $29,000. Finally, Gould Capital LLC bought a new position in Altria Group in the third quarter valued at approximately $39,000. 57.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Altria Group

In other news, SVP Charles N. Whitaker sold 27,908 shares of Altria Group stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $67.57, for a total transaction of $1,885,743.56. Following the transaction, the senior vice president owned 180,869 shares in the company, valued at $12,221,318.33. The trade was a 13.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. The Goldman Sachs Group reiterated a “buy” rating and set a $77.00 target price on shares of Altria Group in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft raised 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. Citigroup upped their price objective on Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Barclays increased their target price on Altria Group from $63.00 to $64.00 and gave the company an “underweight” rating in a research note on Friday. Finally, Stifel Nicolaus raised their target price on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Five 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. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $69.33.

Altria Group Stock Performance

Shares of NYSE:MO opened at $73.67 on Tuesday. The company has a 50 day moving average price of $67.15 and a two-hundred day moving average price of $63.11. The company has a market capitalization of $123.03 billion, a PE ratio of 15.41, a PEG ratio of 2.73 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.

Altria Group (NYSE:MO) last announced its quarterly 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. Altria Group had a net margin of 34.34% and a negative return on equity of 298.69%. The company had revenue of $4.76 billion during the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the previous year, the business earned $1.23 EPS. The firm’s revenue was up 5.3% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. On average, sell-side analysts forecast that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 5.8%. Altria Group’s dividend payout ratio (DPR) is currently 88.70%.

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.