Focus Partners Advisor Solutions LLC Has $4.90 Million Position in Altria Group, Inc. $MO

Focus Partners Advisor Solutions LLC increased its stake in shares of Altria Group, Inc. (NYSE:MO) by 61.7% during the 2nd quarter, Holdings Channel reports. The fund owned 68,094 shares of the company’s stock after acquiring an additional 25,990 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Altria Group were worth $4,899,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MO. Darwin Wealth Management LLC acquired a new position in shares of Altria Group during the second quarter valued at about $27,000. Navalign LLC acquired a new stake in shares of Altria Group in the 4th quarter valued at about $28,000. Hughes Financial Services LLC grew its stake in shares of Altria Group by 62.9% in the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after buying an additional 197 shares during the period. Miller Capital Partners Inc. acquired a new stake in shares of Altria Group in the 4th quarter valued at about $29,000. Finally, Quattro Advisors LLC bought a new stake in Altria Group in the 4th quarter valued at about $33,000. 57.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Altria Group

In other news, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total value of $145,120.00. Following the completion of the sale, the director directly owned 25,102 shares of the company’s stock, valued at $1,821,401.12. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $72.25, 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 represents a 7.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on MO shares. UBS Group upped their price target on Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. BTIG Research assumed coverage on Altria Group in a research note on Tuesday, July 21st. They issued a “neutral” rating for the company. The Goldman Sachs Group restated a “buy” rating and set a $77.00 price objective on shares of Altria Group in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a research report on Tuesday, July 14th. Finally, Stifel Nicolaus increased their target price on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Five 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 stock. According to MarketBeat.com, Altria Group has a consensus rating of “Hold” and an average target price of $70.11.

Altria Group Price Performance

NYSE:MO opened at $66.91 on Friday. The firm has a 50-day moving average of $70.32 and a 200-day moving average of $68.83. The company has a market cap of $111.72 billion, a PE ratio of 14.12, a PEG ratio of 2.34 and a beta of 0.46. Altria Group, Inc. has a one year low of $54.70 and a one year high of $77.06.

Altria Group (NYSE:MO) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.02). The business had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. Altria Group’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities research analysts expect that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

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.