First Nebraska Trust Co Invests $1.43 Million in Altria Group, Inc. $MO

First Nebraska Trust Co acquired a new stake in shares of Altria Group, Inc. (NYSE:MO) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 19,921 shares of the company’s stock, valued at approximately $1,433,000.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Altria Group by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 160,980,626 shares of the company’s stock worth $9,282,143,000 after acquiring an additional 1,903,530 shares during the period. BlackRock Inc. raised its stake in Altria Group by 1.1% during the 2nd quarter. BlackRock Inc. now owns 126,073,166 shares of the company’s stock valued at $9,070,964,000 after purchasing an additional 1,325,175 shares during the period. State Street Corp lifted its holdings in Altria Group by 1.6% in the 4th quarter. State Street Corp now owns 72,830,531 shares of the company’s stock worth $4,275,886,000 after purchasing an additional 1,147,141 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Altria Group by 10.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company’s stock worth $3,777,931,000 after purchasing an additional 6,265,780 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Altria Group by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 45,984,718 shares of the company’s stock worth $2,651,383,000 after purchasing an additional 729,999 shares during the period. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Wall Street Analyst Weigh In

MO has been the subject of a number of research analyst reports. Citigroup increased 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. Barclays dropped their target price on shares of Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research report on Tuesday, August 11th. Stifel Nicolaus raised their target price on shares of Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, May 1st. UBS Group lifted their price target on shares of Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Finally, Jefferies Financial Group boosted their price target 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 investment 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. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $70.11.

Altria Group Stock Performance

Shares of MO opened at $68.46 on Tuesday. The company’s fifty day moving average is $70.18 and its 200 day moving average is $68.89. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06. The stock has a market capitalization of $114.32 billion, a PE ratio of 14.44, a P/E/G ratio of 2.34 and a beta of 0.46.

Altria Group (NYSE:MO) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.02). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The business had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter last year, the business earned $1.44 EPS. Altria Group’s revenue for the quarter 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. As a group, research analysts forecast that Altria Group, Inc. will post 5.67 earnings per share for the current year.

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.