7,697 Altria Group, Inc. $MO Shares Purchased by Parcion Private Wealth LLC

Parcion Private Wealth LLC grew its position in shares of Altria Group, Inc. (NYSE:MO) by 59.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,678 shares of the company’s stock after purchasing an additional 7,697 shares during the period. Parcion Private Wealth LLC’s holdings in Altria Group were worth $1,392,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Balance Wealth Partners LLC purchased a new stake in shares of Altria Group in the third quarter worth $25,000. Comprehensive Financial Planning Inc. PA bought a new stake in Altria Group during the second quarter valued at $26,000. Cornerstone National Bank & Trust Co bought a new stake in Altria Group during the third quarter valued at $33,000. Physician Wealth Advisors Inc. grew its position in Altria Group by 78.8% during the first quarter. Physician Wealth Advisors Inc. now owns 524 shares of the company’s stock worth $35,000 after buying an additional 231 shares in the last quarter. Finally, Evolution Advisers Inc. grew its position in Altria Group by 110.9% during the second quarter. Evolution Advisers Inc. now owns 578 shares of the company’s stock worth $41,000 after buying an additional 304 shares in the last quarter. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Altria Group News Roundup

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

• Positive Sentiment: Q3 earnings beat expectations: Adjusted EPS rose to $1.52 from $1.45 a year earlier, exceeding the $1.51 consensus estimate. Net revenue, excluding excise taxes, increased 3.6% to $5.44 billion, supported by higher pricing and stronger smokeable-product profits. Altria MO stock is up, what you need to know
• Positive Sentiment: Higher full-year outlook and buybacks: Altria raised its 2026 adjusted EPS guidance after the quarterly beat and expanded its share-repurchase program. The combination of improved earnings visibility and capital returns helped support the bullish investor reaction. MO Q3 Earnings Call Highlights Higher Guidance and Nicotine Strategy
• Positive Sentiment: Core and next-generation products remain supportive: Needham said Altria’s smokeable volumes continue to outperform the broader industry, helped by its portfolio strategy. Management also highlighted growth in nicotine pouches, giving investors an additional source of expansion beyond traditional cigarettes. Altria’s Smokeable Volumes Continue to Outperform Industry, Needham Says
• Neutral Sentiment: Valuation is attracting attention: Some analysis continues to view Altria as undervalued based on its cash-generation and dividend profile, although the stock’s roughly 153% five-year gain means investors are increasingly focused on whether future cash flows justify the higher valuation. Altria Group Stock Still Appears Undervalued Following Its 153% Run
• Negative Sentiment: Analyst target remains a near-term constraint: Morgan Stanley raised its price target from $71 to $77 but maintained an “equal weight” rating, implying limited upside from the current trading level. This suggests some analysts believe the recent rally has already priced in much of the earnings improvement. Morgan Stanley Altria rating

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. BTIG Research started coverage on Altria Group in a research note on Tuesday, July 21st. They issued a “neutral” rating on the stock. Freedom Broker upgraded Altria Group to a “hold” rating in a research report on Wednesday, September 16th. Barclays cut their price objective on Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a report on Tuesday, August 11th. UBS Group upped their price objective on shares of Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Finally, Citigroup upped their price objective on shares of Altria Group from $70.00 to $72.00 and gave the stock a “neutral” rating in a research report on Friday. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $71.00.

Insider Activity

In other news, Director Kathryn McQuade acquired 1,500 shares of Altria Group stock in a transaction dated Wednesday, September 9th. The shares were purchased at an average cost of $67.62 per share, for a total transaction of $101,430.00. Following the transaction, the director owned 114,929 shares of the company’s stock, valued at $7,771,498.98. This trade represents a 1.32% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

Altria Group Stock Performance

NYSE MO opened at $78.03 on Friday. Altria Group, Inc. has a 52-week low of $54.70 and a 52-week high of $79.81. The company has a fifty day moving average of $70.45 and a 200-day moving average of $68.75. The company has a market capitalization of $130.29 billion, a P/E ratio of 16.12, a P/E/G ratio of 2.76 and a beta of 0.42.

Altria Group (NYSE:MO) last released its earnings results on Thursday, October 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.01. Altria Group had a negative return on equity of 330.66% and a net margin of 34.51%. The business had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $5.31 billion. During the same quarter in the prior year, the firm earned $1.45 earnings per share. The firm’s revenue was up 1.0% on a year-over-year basis. As a group, analysts forecast that Altria Group, Inc. will post 5.69 EPS for the current fiscal year.

Altria Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Tuesday, September 15th were issued a $1.11 dividend. This represents a $4.44 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date was Tuesday, September 15th. This is an increase from Altria Group’s previous quarterly dividend of $1.06. Altria Group’s dividend payout ratio (DPR) is currently 91.74%.

Altria Group Company Profile

Altria Group, Inc is a U.S.-based consumer products company focused primarily on tobacco, nicotine and related products. Through its operating companies, Altria sells cigarettes, cigars, pipe tobacco, oral tobacco and nicotine products, and electronic vapor products.

Altria’s principal cigarette business is Philip Morris USA, whose portfolio includes Marlboro, Parliament and Virginia Slims. Its other major brands include Copenhagen and Skoal moist smokeless tobacco, Black & Mild cigars, on! nicotine pouches and NJOY electronic cigarettes.