B. Metzler seel. Sohn & Co. AG Acquires Shares of 39,667 Altria Group, Inc. $MO

B. Metzler seel. Sohn & Co. AG bought a new stake in shares of Altria Group, Inc. (NYSE:MO - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 39,667 shares of the company's stock, valued at approximately $2,854,000.

A number of other hedge funds and other institutional investors have also modified their holdings of MO. Comprehensive Financial Planning Inc. PA acquired a new stake in Altria Group in the second quarter valued at $26,000. Darwin Wealth Management LLC acquired a new position in Altria Group during the 2nd quarter worth $27,000. Navalign LLC bought a new stake in shares of Altria Group in the 4th quarter worth about $28,000. Hughes Financial Services LLC increased its position in shares of 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 last quarter. Finally, Miller Capital Partners Inc. acquired a new stake in shares of Altria Group in the 4th quarter valued at about $29,000. 57.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Altria Group in a research report on Tuesday, July 14th. UBS Group increased their target price on Altria Group from $76.00 to $79.00 and gave the stock a "buy" rating in a report on Tuesday, July 7th. Morgan Stanley set a $71.00 price target on Altria Group in a report on Friday, May 1st. Stifel Nicolaus raised their price objective on Altria Group from $68.00 to $77.00 and gave the stock a "buy" rating in a research note on Friday, May 1st. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and issued a $77.00 price objective on shares of Altria Group in a report on Thursday, April 30th. Five 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $70.11.

Altria Group Trading Down 0.3%

Shares of Altria Group stock opened at $65.87 on Monday. The business's 50 day simple moving average is $70.20 and its 200-day simple moving average is $68.86. The stock has a market capitalization of $109.99 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 2.34 and a beta of 0.46. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $77.06.

Altria Group (NYSE:MO - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $5.35 billion. During the same quarter in the previous year, the company earned $1.44 earnings per share. Altria Group'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. Sell-side analysts predict that Altria Group, Inc. will post 5.67 earnings per share for the current year.

Insider Activity

In other news, 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 transaction of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares in the company, valued at approximately $1,821,401.12. This 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 accessible through the SEC website. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total transaction of $418,327.50. Following the completion of the sale, the director directly owned 73,809 shares in the company, valued at approximately $5,332,700.25. This trade represents a 7.27% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by corporate insiders.

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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