Inceptionr LLC Has $1.53 Million Stock Holdings in Altria Group, Inc. $MO

Inceptionr LLC boosted its holdings in shares of Altria Group, Inc. (NYSE:MO) by 82.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,517 shares of the company’s stock after buying an additional 11,962 shares during the period. Altria Group makes up about 0.4% of Inceptionr LLC’s holdings, making the stock its 26th biggest position. Inceptionr LLC’s holdings in Altria Group were worth $1,529,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Viking Fund Management LLC lifted its position in shares of Altria Group by 14.1% during the 4th quarter. Viking Fund Management LLC now owns 202,000 shares of the company’s stock worth $11,647,000 after purchasing an additional 25,000 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Altria Group by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,073,682 shares of the company’s stock valued at $797,587,000 after acquiring an additional 814,665 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in Altria Group by 13.7% in the 3rd quarter. Public Sector Pension Investment Board now owns 144,725 shares of the company’s stock valued at $9,561,000 after acquiring an additional 17,429 shares in the last quarter. US Bancorp DE raised its holdings in Altria Group by 3.2% in the 3rd quarter. US Bancorp DE now owns 603,834 shares of the company’s stock valued at $39,889,000 after acquiring an additional 18,626 shares in the last quarter. Finally, Caprock Group LLC acquired a new position in shares of Altria Group in the 3rd quarter worth approximately $7,854,000. 57.41% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the transaction, the director owned 73,809 shares in the company, valued at $5,332,700.25. This trade represents a 7.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of the firm’s stock in a transaction dated 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 $1,821,401.12. The trade was a 7.38% 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.

Altria Group Trading Up 2.2%

MO stock opened at $73.12 on Thursday. The business’s 50-day moving average price is $69.16 and its two-hundred day moving average price is $64.78. The firm has a market cap of $122.11 billion, a PE ratio of 15.30, a P/E/G ratio of 2.68 and a beta of 0.46. Altria Group, Inc. has a 1-year low of $54.70 and a 1-year high of $74.56.

Altria Group (NYSE:MO) last posted its earnings results on Thursday, April 30th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.07. The firm had revenue of $4.76 billion for the quarter, compared to analyst estimates of $4.58 billion. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.23 earnings per share. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. On average, analysts forecast that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Citigroup increased their target price on Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Wall Street Zen lowered Altria Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. The Goldman Sachs Group restated a “buy” rating and set a $77.00 price target on shares of Altria Group in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft increased their price objective on Altria Group from $60.00 to $66.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Finally, UBS Group increased their price objective on Altria Group from $74.00 to $76.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Altria Group presently has a consensus rating of “Hold” and a consensus price target of $70.44.

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.