First County Bank CT boosted its holdings in shares of Altria Group, Inc. (NYSE:MO – Free Report) by 278.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,908 shares of the company’s stock after buying an additional 15,386 shares during the period. First County Bank CT’s holdings in Altria Group were worth $1,206,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in Altria Group during the second quarter worth $27,000. EMC Capital Management acquired a new stake in Altria Group in the 3rd quarter valued at about $33,000. Gould Capital LLC bought a new position in Altria Group in the 3rd quarter worth approximately $39,000. Elevation Wealth Partners LLC raised its position in shares of Altria Group by 79.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 630 shares of the company’s stock worth $36,000 after acquiring an additional 278 shares during the last quarter. Finally, Physician Wealth Advisors Inc. raised its holdings in Altria Group by 634.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 639 shares of the company’s stock worth $42,000 after purchasing an additional 552 shares during the last quarter. 57.41% of the stock is currently owned by institutional investors.
Insider Activity
In related news, SVP Charles N. Whitaker sold 27,908 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $67.57, for a total value of $1,885,743.56. Following the transaction, the senior vice president owned 180,869 shares in the company, valued at approximately $12,221,318.33. This trade represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.08% of the company’s stock.
Key Altria Group News
- Positive Sentiment: FDA pilot authorization and national rollout of on! PLUS nicotine pouches expands Altria’s smoke‑free product presence and gives the company an FDA‑cleared next‑gen oral nicotine product to sell nationwide—this supports revenue diversification beyond combustibles and is being cited as a primary catalyst. Altria Expands On! PLUS As FDA Pilot Nod Meets Valuation Debate
- Positive Sentiment: Unusually large call‑option buying has been reported, indicating speculative or institutional bullish positioning that can amplify near‑term share gains. Traders Purchase Large Volume of Call Options on Altria Group (NYSE:MO)
- Positive Sentiment: Analysts and commentary note tobacco names (including MO) are showing resilience by growing smoke‑free portfolios and adapting to consumer shifts—this sector-level stability supports investor confidence. 3 Tobacco Stocks Showing Resilience Amid Market Headwinds
- Neutral Sentiment: MO continues to attract income investors: it appears in recent roundups of high‑yield S&P 500 stocks, which can support steady demand from dividend‑focused buyers even if growth is limited. 22 S&P 500 Stocks Yield More Than 5%. 6 That Are Worth Buying.
- Neutral Sentiment: Market roundups and same‑day coverage (Zacks, The Motley Fool, Yahoo) note MO’s outperformance while broader indexes slipped—these are summaries of intraday drivers rather than new company fundamentals. Why the Market Dipped But Altria (MO) Gained Today Why Altria Stock Closed Up Today
- Negative Sentiment: Some coverage highlights a valuation debate—questions whether the stock already prices in the yield and the new product’s upside—suggesting upside could be capped until the market sees sustained sales/profit gains from on! PLUS. Altria Expands On! PLUS As FDA Pilot Nod Meets Valuation Debate
Altria Group Stock Up 2.8%
Shares of NYSE:MO opened at $66.46 on Friday. The business has a 50 day moving average of $65.60 and a 200-day moving average of $62.54. The stock has a market cap of $111.11 billion, a PE ratio of 16.17, a P/E/G ratio of 2.76 and a beta of 0.45. Altria Group, Inc. has a 12-month low of $52.82 and a 12-month high of $70.51.
Altria Group (NYSE:MO – Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.02). Altria Group had a negative return on equity of 287.61% and a net margin of 29.84%.The firm had revenue of $5.08 billion for the quarter, compared to the consensus estimate of $5.02 billion. During the same quarter in the previous year, the business earned $1.30 EPS. The firm’s quarterly revenue was down .5% on a year-over-year basis. Equities research analysts expect that Altria Group, Inc. will post 5.32 earnings per share for the current year.
Altria Group Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, March 25th will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $4.24 dividend on an annualized basis and a yield of 6.4%. Altria Group’s dividend payout ratio is currently 103.16%.
Analyst Upgrades and Downgrades
MO has been the topic of a number of analyst reports. Argus raised Altria Group to a “hold” rating in a research note on Tuesday, January 13th. UBS Group lifted their price target on shares of Altria Group from $67.00 to $74.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Citigroup boosted their price target on Altria Group from $57.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Stifel Nicolaus reduced their target price on shares of Altria Group from $72.00 to $68.00 and set a “buy” rating for the company in a report on Friday, January 30th. Finally, Barclays increased their price target on Altria Group from $57.00 to $63.00 and gave the company an “underweight” rating in a research report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Altria Group currently has a consensus rating of “Hold” and a consensus price target of $65.11.
View Our Latest Stock Report on MO
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.
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