Bull Harbor Capital LLC Buys Shares of 12,623 Altria Group, Inc. $MO

Bull Harbor Capital LLC bought a new position in Altria Group, Inc. (NYSE:MO) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 12,623 shares of the company’s stock, valued at approximately $833,000.

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

Insider Activity at Altria Group

In other news, Director Ellen R. Strahlman sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $72.56, for a total value of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ennis Debra J. Kelly sold 5,790 shares of Altria Group stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total transaction of $418,327.50. Following the completion of the transaction, the director owned 73,809 shares of the company’s stock, valued at $5,332,700.25. This trade represents a 7.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Altria Group

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

• Positive Sentiment: Adjusted EPS increased 4.9% year over year to $1.48, supported by pricing in smokeable products. Revenue rose 1.2% to approximately $5.36 billion, narrowly exceeding analysts’ expectations. Altria Group Q2 Adjusted Earnings, Revenue Rise; Fiscal 2026 Adjusted EPS Outlook Narrowed
• Positive Sentiment: The company expanded its On! nicotine-pouch distribution to 120,000 stores, highlighting continued investment in smoke-free products and long-term category growth. Altria Group Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Altria maintained fiscal 2026 adjusted EPS guidance at $5.61-$5.72, but the narrower range provides limited upside relative to the $5.68 analyst consensus and underscores a cautious outlook.
• Negative Sentiment: Quarterly EPS of $1.48 missed the $1.50 consensus estimate. The shortfall contributed to investor concerns that operating momentum is weakening. Altria Group Earnings Report
• Negative Sentiment: Cigarette shipment volumes declined as inflation and weaker consumer spending pushed some smokers toward lower-priced products, pressuring premium brands such as Marlboro.
• Negative Sentiment: Softer oral-tobacco performance and intensified competition in nicotine pouches offset some cigarette-related gains. Management also cited consumer trade-downs, raising concerns about growth and margins in Altria’s smoke-free transition. Altria Profit Falls on Softer Oral-Tobacco Performance

Altria Group Stock Down 9.2%

NYSE:MO opened at $68.01 on Friday. Altria Group, Inc. has a 52 week low of $54.70 and a 52 week high of $77.06. The stock’s fifty day moving average is $71.83 and its two-hundred day moving average is $68.30. The stock has a market capitalization of $113.57 billion, a price-to-earnings ratio of 14.23, a price-to-earnings-growth ratio of 2.70 and a beta of 0.45.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). Altria Group had a net margin of 34.34% and a negative return on equity of 298.69%. The firm had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.35 billion. During the same period in the previous year, the firm posted $1.44 earnings per share. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, sell-side analysts expect that Altria Group, Inc. will post 5.7 EPS for the current fiscal year.

Altria Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Monday, June 15th. Altria Group’s dividend payout ratio is currently 88.70%.

Analyst Ratings Changes

MO has been the topic of a number of research analyst reports. UBS Group lifted their target price on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Wall Street Zen downgraded Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Citigroup boosted their price objective 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. Morgan Stanley set a $71.00 target price on shares of Altria Group in a research report on Friday, May 1st. Finally, Jefferies Financial Group increased their target price on shares of Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research note on Wednesday, May 27th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Altria Group has an average rating of “Hold” and a consensus target price 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.