Altria Group, Inc. $MO Shares Sold by First National Trust Co

Key Points

• First National Trust Co. cut its Altria stake by 38.2% in the second quarter, selling 70,055 shares and retaining 113,299 shares valued at approximately $8.15 million.
• Altria reported quarterly revenue of $5.36 billion, slightly above estimates, but earnings of $1.48 per share missed expectations by $0.02. The company’s fiscal 2026 EPS guidance is $5.61–$5.72.
• Analyst sentiment is mixed, with five Buy, four Hold, and two Sell ratings; the overall consensus is Hold, with an average price target of $70.11 versus the stock’s reported price of $65.72.

First National Trust Co lowered its holdings in Altria Group, Inc. (NYSE:MO - Free Report) by 38.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 113,299 shares of the company's stock after selling 70,055 shares during the period. First National Trust Co's holdings in Altria Group were worth $8,152,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Left Brain Wealth Management LLC raised its position in shares of Altria Group by 0.9% in the 2nd quarter. Left Brain Wealth Management LLC now owns 27,518 shares of the company's stock valued at $1,980,000 after purchasing an additional 246 shares in the last quarter. Pictet Asset Management Holding SA grew its position in shares of Altria Group by 3.4% during the second quarter. Pictet Asset Management Holding SA now owns 795,152 shares of the company's stock worth $57,211,000 after buying an additional 25,898 shares in the last quarter. Acorn Wealth Advisors LLC grew its position in shares of Altria Group by 7.4% during the second quarter. Acorn Wealth Advisors LLC now owns 10,970 shares of the company's stock worth $789,000 after buying an additional 760 shares in the last quarter. Hourglass Capital LLC increased its stake in shares of Altria Group by 33.5% in the second quarter. Hourglass Capital LLC now owns 78,090 shares of the company's stock worth $5,619,000 after buying an additional 19,607 shares during the last quarter. Finally, Quadrant Private Wealth Management LLC bought a new stake in shares of Altria Group in the second quarter worth $217,000. Institutional investors and hedge funds own 57.41% of the company's stock.

Altria Group Price Performance

Shares of MO opened at $65.72 on Monday. The stock has a market capitalization of $109.74 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 2.33 and a beta of 0.46. The business's fifty day moving average price is $70.83 and its 200 day moving average price is $68.73. Altria Group, Inc. has a 12-month low of $54.70 and a 12-month high of $77.06.

Altria Group (NYSE:MO - Get Free Report) last released its 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 for 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%. The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, research analysts anticipate that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on MO. 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. Morgan Stanley set a $71.00 price objective on shares of Altria Group in a report on Friday, May 1st. Wall Street Zen lowered shares of Altria Group from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Weiss Ratings restated a "buy (b)" rating on shares of Altria Group in a research note on Tuesday, July 14th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $77.00 price target on shares of Altria Group in a research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Altria Group presently has an average rating of "Hold" and a consensus price target of $70.11.

Insider Activity

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of the business's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total transaction of $418,327.50. Following the completion of the sale, the director owned 73,809 shares of the company's stock, valued at $5,332,700.25. This represents a 7.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the sale, the director owned 25,102 shares in the company, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company's stock.

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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