111 Capital Purchases New Stake in Altria Group, Inc. $MO

Key Points

• 111 Capital acquired a new Altria position in the second quarter, purchasing 17,274 shares valued at approximately $1.24 million. Institutional investors collectively own 57.41% of Altria’s outstanding stock.
• Altria reported quarterly revenue of $5.36 billion, slightly above estimates, while earnings per share of $1.48 narrowly missed expectations. Revenue increased 1.2% year over year, and management maintained fiscal 2026 EPS guidance of $5.61–$5.72.
• Analyst sentiment remains mixed, with five Buy, four Hold, and two Sell ratings; the consensus rating is Hold, with an average price target of $70.11. Two directors also sold shares in May, reducing their individual holdings by more than 7%.

111 Capital acquired a new position in Altria Group, Inc. (NYSE:MO - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,274 shares of the company's stock, valued at approximately $1,243,000.

A number of other large investors also recently added to or reduced their stakes in MO. Vanguard Group Inc. boosted its holdings in Altria Group by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 160,980,626 shares of the company's stock worth $9,282,143,000 after buying an additional 1,903,530 shares during the last quarter. State Street Corp boosted its stake in Altria Group by 1.6% during the 4th quarter. State Street Corp now owns 72,830,531 shares of the company's stock worth $4,275,886,000 after acquiring an additional 1,147,141 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Altria Group by 10.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company's stock worth $3,777,931,000 after purchasing an additional 6,265,780 shares during the period. Geode Capital Management LLC raised its holdings in Altria Group by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 45,984,718 shares of the company's stock worth $2,651,383,000 after purchasing an additional 729,999 shares during the period. Finally, Morgan Stanley boosted its position in shares of 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 purchasing an additional 335,089 shares in the last quarter. 57.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, 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 transaction of $145,120.00. Following the transaction, the director directly owned 25,102 shares of the company's stock, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 stock was sold at an average price of $72.25, for a total transaction of $418,327.50. Following the transaction, the director directly owned 73,809 shares in the company, valued at $5,332,700.25. This represents a 7.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by corporate insiders.

Altria Group Stock Performance

NYSE:MO opened at $65.32 on Wednesday. The company has a market cap of $109.07 billion, a P/E ratio of 13.78, a P/E/G ratio of 2.33 and a beta of 0.46. Altria Group, Inc. has a 52-week low of $54.70 and a 52-week high of $77.06. The stock's 50-day simple moving average is $70.55 and its 200 day simple moving average is $68.75.

Altria Group (NYSE:MO - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing analysts' consensus estimates of $1.50 by ($0.02). The firm had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.35 billion. Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.Altria Group's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, equities analysts predict that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MO shares. Stifel Nicolaus boosted their price target on shares of Altria Group from $68.00 to $77.00 and gave the company a "buy" rating in a report on Friday, May 1st. Morgan Stanley set a $71.00 price target on shares of Altria Group in a research note on Friday, May 1st. Jefferies Financial Group upped their price target on shares of Altria Group from $50.00 to $60.00 and gave the company an "underperform" rating in a report on Wednesday, May 27th. BTIG Research initiated coverage on shares of Altria Group in a research report on Tuesday, July 21st. They set a "neutral" rating for the company. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Altria Group in a report on Tuesday, July 14th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $70.11.

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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