O Domhnaill Enterprises Inc. Sells 6,799 Shares of Altria Group, Inc. $MO

O Domhnaill Enterprises Inc. reduced its stake in Altria Group, Inc. (NYSE:MO) by 10.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 56,947 shares of the company’s stock after selling 6,799 shares during the period. Altria Group comprises 3.0% of O Domhnaill Enterprises Inc.’s investment portfolio, making the stock its 13th largest position. O Domhnaill Enterprises Inc.’s holdings in Altria Group were worth $3,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Altria Group by 64.7% in the 4th quarter. Brighton Jones LLC now owns 17,702 shares of the company’s stock worth $926,000 after acquiring an additional 6,954 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Altria Group by 86.3% during the second quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company’s stock worth $373,000 after purchasing an additional 2,946 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of Altria Group by 6.9% during the second quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company’s stock worth $565,000 after purchasing an additional 618 shares during the period. Gamco Investors INC. ET AL bought a new stake in shares of Altria Group in the second quarter worth about $346,000. Finally, AXA S.A. bought a new stake in shares of Altria Group in the second quarter worth about $5,752,000. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Altria Group Stock Performance

Shares of Altria Group stock traded up $1.76 during trading on Tuesday, hitting $73.64. The company’s stock had a trading volume of 1,045,045 shares, compared to its average volume of 9,456,049. Altria Group, Inc. has a 52 week low of $54.70 and a 52 week high of $74.56. The company has a market capitalization of $122.96 billion, a PE ratio of 15.43, a P/E/G ratio of 2.72 and a beta of 0.45. The company has a fifty day simple moving average of $71.08 and a two-hundred day simple moving average of $66.33.

Altria Group (NYSE:MO) last announced its earnings results on Thursday, April 30th. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter last year, the firm earned $1.23 earnings per share. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. As a group, analysts predict that Altria Group, Inc. will post 5.68 EPS for the current year.

Altria Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be given 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 is Monday, June 15th. Altria Group’s dividend payout ratio is 88.70%.

Insider Transactions at Altria Group

In other Altria Group news, Director Ennis Debra J. Kelly sold 5,790 shares of Altria Group 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 completion of 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $72.56, for a total transaction of $145,120.00. Following the sale, the director owned 25,102 shares in the company, valued at approximately $1,821,401.12. The trade was a 7.38% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

MO has been the subject of a number of recent analyst reports. Bank of America upped their price target on Altria Group from $72.00 to $73.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft lifted their price objective on Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Morgan Stanley set a $71.00 target price on Altria Group in a report on Friday, May 1st. Barclays raised their price target on Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a research note on Friday, May 15th. Finally, Jefferies Financial Group boosted their price objective on shares of Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research report on Wednesday, May 27th. 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 data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $70.78.

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.