Altria Group (NYSE:MO) Price Target Raised to $66.00 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank raised its price target on Altria to $66 (from $60) while keeping a "hold" rating, a target that implies about a 10.6% downside from the prior close.
• The analyst consensus is mixed — five Buy, five Hold and two Sell ratings — giving Altria an average rating of "Hold" and an average target price of $69.22.
• Altria beat expectations for the quarter with $1.32 EPS (vs. $1.25 est.) and $4.76B revenue (up 5.3% y/y), and set FY2026 guidance of $5.560–$5.72 EPS (consensus ~5.66).

Altria Group (NYSE:MO - Get Free Report) had its price target upped by research analysts at Deutsche Bank Aktiengesellschaft from $60.00 to $66.00 in a report issued on Monday,MarketScreener reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective points to a potential downside of 10.56% from the stock's previous close.

A number of other research firms have also recently weighed in on MO. The Goldman Sachs Group reissued a "buy" rating and issued a $77.00 price objective on shares of Altria Group in a research report on Thursday. Morgan Stanley set a $71.00 target price on Altria Group in a research report on Friday. Barclays raised their price target on Altria Group from $57.00 to $63.00 and gave the stock an "underweight" rating in a report on Monday, February 23rd. UBS Group boosted their price target on Altria Group from $74.00 to $76.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Jefferies Financial Group upped their price objective on shares of Altria Group from $47.00 to $50.00 and gave the company an "underperform" rating in a report on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $69.22.

Altria Group Stock Down 1.0%

NYSE MO opened at $73.79 on Monday. The firm has a market cap of $123.22 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 2.96 and a beta of 0.48. The company has a 50 day moving average price of $66.70 and a 200 day moving average price of $62.65. Altria Group has a 52 week low of $54.70 and a 52 week high of $74.56.

Altria Group (NYSE:MO - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.07. Altria Group had a net margin of 34.34% and a negative return on equity of 298.69%. The company had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same period last year, the firm earned $1.23 earnings per share. Altria Group's revenue was up 5.3% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. On average, equities research analysts anticipate that Altria Group will post 5.66 earnings per share for the current fiscal year.

Insider Transactions at Altria Group

In other Altria Group news, SVP Charles N. Whitaker sold 27,908 shares of the company's stock in a transaction that occurred 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 sale, the senior vice president owned 180,869 shares in the company, valued at approximately $12,221,318.33. This represents a 13.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.10% of the company's stock.

Hedge Funds Weigh In On Altria Group

Several large investors have recently made changes to their positions in MO. Darwin Wealth Management LLC purchased a new stake in shares of Altria Group during the 2nd quarter worth about $27,000. Navalign LLC purchased a new position in shares of Altria Group in the 4th quarter valued at about $28,000. Creative Capital Management Investments LLC acquired a new position in Altria Group in the 4th quarter worth about $29,000. Hughes Financial Services LLC raised its holdings in Altria Group by 62.9% in the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company's stock worth $29,000 after purchasing an additional 197 shares during the period. Finally, Miller Capital Partners Inc. purchased a new position in Altria Group during the fourth quarter worth approximately $29,000. 57.41% of the stock is currently owned by institutional investors and hedge funds.

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.

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