Altria Group, Inc. $MO Shares Bought by Kestra Private Wealth Services LLC

Key Points

• Kestra Private Wealth Services increased its Altria stake by 9.1% in the second quarter, bringing its holdings to 206,324 shares valued at approximately $14.85 million. Institutional investors and hedge funds collectively own 57.41% of Altria.
• Altria reported quarterly revenue of $5.36 billion, slightly above expectations, but earnings per share of $1.48 missed estimates by $0.02. The company maintained fiscal 2026 EPS guidance of $5.61–$5.72.
• Analyst sentiment remains mixed, with an average rating of “Hold” and an average price target of $70.11; recent targets range from $58 to $79. Two directors also sold shares in May, while insider ownership stands at 0.10%.

Kestra Private Wealth Services LLC grew its stake in Altria Group, Inc. (NYSE:MO - Free Report) by 9.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 206,324 shares of the company's stock after buying an additional 17,237 shares during the quarter. Kestra Private Wealth Services LLC's holdings in Altria Group were worth $14,845,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cornerstone Planning Group LLC increased its stake in shares of Altria Group by 5.8% during the first quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company's stock worth $191,000 after buying an additional 143 shares during the period. Bernardo Wealth Planning LLC lifted its stake in Altria Group by 4.6% in the second quarter. Bernardo Wealth Planning LLC now owns 3,379 shares of the company's stock worth $243,000 after acquiring an additional 149 shares during the last quarter. Johnson & White Wealth Management LLC lifted its stake in Altria Group by 1.2% in the fourth quarter. Johnson & White Wealth Management LLC now owns 12,704 shares of the company's stock worth $733,000 after acquiring an additional 154 shares during the last quarter. Kanawha Capital Management LLC grew its holdings in Altria Group by 0.8% during the 4th quarter. Kanawha Capital Management LLC now owns 19,546 shares of the company's stock worth $1,127,000 after acquiring an additional 160 shares in the last quarter. Finally, Strategic Advisors LLC grew its holdings in Altria Group by 2.0% during the 4th quarter. Strategic Advisors LLC now owns 8,243 shares of the company's stock worth $475,000 after acquiring an additional 160 shares in the last quarter. 57.41% of the stock is owned by institutional investors and hedge funds.

Altria Group Trading Up 1.0%

MO stock opened at $65.72 on Friday. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $77.06. The company's 50 day moving average is $70.83 and its two-hundred day moving average is $68.69. The stock has a market cap of $109.74 billion, a P/E ratio of 13.86, a PEG ratio of 2.31 and a beta of 0.46.

Altria Group (NYSE:MO - Get Free Report) last issued its quarterly earnings data 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). Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The company had revenue of $5.36 billion for the quarter, compared to analysts' expectations of $5.35 billion. During the same quarter in the prior year, the firm posted $1.44 EPS. The firm's quarterly revenue was up 1.2% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities research analysts predict that Altria Group, Inc. will post 5.67 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on MO shares. Weiss Ratings restated a "buy (b)" rating on shares of Altria Group in a report on Tuesday, July 14th. BTIG Research initiated coverage on shares of Altria Group in a research note on Tuesday, July 21st. They set a "neutral" rating for the company. Barclays lowered their target price on shares of Altria Group from $64.00 to $58.00 and set an "underweight" rating for the company in a research note on Tuesday. Citigroup raised their price target on Altria Group from $65.00 to $70.00 and gave the company a "neutral" rating in a research note on Friday, May 1st. Finally, UBS Group lifted their price target on Altria Group from $76.00 to $79.00 and gave the stock a "buy" rating in a report on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $70.11.

Insider Buying and Selling at Altria Group

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the sale, the director directly owned 73,809 shares of the company's stock, valued at approximately $5,332,700.25. The trade was a 7.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen R. Strahlman sold 2,000 shares of the company's stock in a transaction dated Tuesday, May 26th. The shares were 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 approximately $1,821,401.12. This trade represents a 7.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by company insiders.

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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