Altria Group (NYSE:MO) Price Target Raised to $77.00

Key Points

• Stifel Nicolaus raised its price target to $77 and kept a "buy" rating, implying about a 5.5% upside from the prior close, while the Street consensus remains a "Hold" with a $69.38 average target.
• Altria beat Q1 expectations, reporting $1.32 EPS (vs. $1.25) and $4.76B revenue (vs. $4.58B), and reiterated FY2026 adjusted EPS guidance of $5.56–$5.72, supported by pricing power and Marlboro momentum.
• Shares trade near $72.98 with a $122B market cap, a P/E of 17.88 and a 52‑week range of $54.70–$74.29, reflecting recent strength but limited upside to some analyst targets.

Altria Group (NYSE:MO - Get Free Report) had its price target hoisted by analysts at Stifel Nicolaus from $68.00 to $77.00 in a report issued on Friday, MarketBeat reports. The firm presently has a "buy" rating on the stock. Stifel Nicolaus' target price would suggest a potential upside of 5.52% from the stock's previous close.

A number of other equities analysts have also recently commented on the stock. Argus upgraded shares of Altria Group to a "hold" rating in a research report on Tuesday, January 13th. Barclays boosted their price objective on shares of Altria Group from $57.00 to $63.00 and gave the company an "underweight" rating in a research report on Monday, February 23rd. Jefferies Financial Group boosted their price objective on shares of Altria Group from $47.00 to $50.00 and gave the company an "underperform" rating in a research report on Wednesday, March 4th. UBS Group boosted their price objective on shares of Altria Group from $67.00 to $74.00 and gave the company a "buy" rating in a research report on Monday, March 9th. Finally, Morgan Stanley set a $71.00 price objective on shares of Altria Group in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $69.38.

Altria Group Stock Performance

NYSE:MO traded up $0.33 during trading hours on Friday, reaching $72.98. The company's stock had a trading volume of 932,880 shares, compared to its average volume of 9,922,467. The firm has a market capitalization of $121.96 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 2.73 and a beta of 0.41. The firm has a 50-day simple moving average of $66.70 and a 200-day simple moving average of $62.68. Altria Group has a 1 year low of $54.70 and a 1 year high of $74.29.

Altria Group (NYSE:MO - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $1.25 by $0.07. The company had revenue of $4.76 billion for the quarter, compared to analysts' expectations of $4.58 billion. Altria Group had a net margin of 29.84% and a negative return on equity of 287.61%. The firm's revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 EPS. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Equities analysts anticipate that Altria Group will post 5.61 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Charles N. Whitaker sold 27,908 shares of the business's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $67.57, for a total transaction of $1,885,743.56. Following the transaction, the senior vice president owned 180,869 shares in the company, valued at $12,221,318.33. The trade was a 13.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Altria Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Altria Group by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 160,980,626 shares of the company's stock valued at $9,282,143,000 after buying an additional 1,903,530 shares during the period. State Street Corp increased its position in shares of Altria Group by 1.6% during the fourth quarter. State Street Corp now owns 72,830,531 shares of the company's stock valued at $4,275,886,000 after buying an additional 1,147,141 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Altria Group by 10.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company's stock valued at $3,777,931,000 after buying an additional 6,265,780 shares during the period. Geode Capital Management LLC increased its position in shares of Altria Group by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 45,984,718 shares of the company's stock valued at $2,651,383,000 after buying an additional 729,999 shares during the period. Finally, Morgan Stanley boosted its stake in Altria Group by 1.5% during the fourth quarter. Morgan Stanley now owns 22,306,173 shares of the company's stock worth $1,286,174,000 after acquiring an additional 335,089 shares in the last quarter. Hedge funds and other institutional investors own 57.41% of the company's stock.

Key Stories Impacting Altria Group

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

• Positive Sentiment: Q1 beat: Altria reported $1.32 EPS (above consensus) and revenue ahead of estimates, driven by pricing and Marlboro momentum — a clear catalyst for the stock’s move. Altria beats quarterly profit estimates (Reuters)
• Positive Sentiment: Pricing power lifted sales: Higher cigarette prices offset lower volumes, boosting first‑quarter sales and margins — evidence Altria can pass through price increases to sustain revenue and cash flow. Altria Sales Rise, Boosted by Higher Cigarette Prices (WSJ)
• Positive Sentiment: Management kept FY2026 EPS guidance largely intact (adjusted diluted EPS $5.56–$5.72), providing visibility and supporting dividend reliability expectations. Altria projects 2026 adjusted diluted EPS of $5.56 to $5.72 (Seeking Alpha)
• Neutral Sentiment: Market commentary and earnings summaries highlight the beat and explain metrics — useful for investors but largely reiterative of results. Altria (MO) Q1 Earnings and Revenues Surpass Estimates (Yahoo Finance)
• Neutral Sentiment: Altria appears on dividend/blue‑chip and “dividend kings” roundups, which can attract income investors over time but don’t move near‑term fundamentals. 5 Quality Passive Income Blue-Chips That All Yield 5% and More Safely (247wallst)
• Negative Sentiment: Volume declines and competitive pressure in nicotine alternatives remain a risk; pricing has offset these so far, but sustained volume weakness or tougher competition could compress growth. MO stock eyes best week in six years; pricing offsets falling cigarette volumes (MSN)

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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