Capital Financial Group Inc. Co. ADV Takes $1.28 Million Position in Altria Group, Inc. $MO

Key Points

• Capital Financial Group opened a new position in Altria Group during the fourth quarter, buying 22,211 shares worth about $1.28 million.
• Altria reported better-than-expected Q1 earnings of $1.32 per share on revenue of $4.76 billion, and it raised its FY 2026 EPS guidance to 5.56–5.72.
• The company also declared a quarterly dividend of $1.06 per share, implying an annualized yield of about 6.1%, while analysts currently rate the stock a consensus Hold with a $70.44 target price.

Capital Financial Group Inc. Co. ADV acquired a new stake in shares of Altria Group, Inc. (NYSE:MO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 22,211 shares of the company's stock, valued at approximately $1,281,000.

A number of other hedge funds have also recently modified their holdings of MO. Brighton Jones LLC boosted its holdings in Altria Group by 64.7% in the 4th quarter. Brighton Jones LLC now owns 17,702 shares of the company's stock worth $926,000 after buying an additional 6,954 shares during the period. Sivia Capital Partners LLC raised its position in shares of Altria Group by 86.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company's stock valued at $373,000 after buying an additional 2,946 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Altria Group by 6.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company's stock valued at $565,000 after buying an additional 618 shares in the last quarter. Gamco Investors INC. ET AL purchased a new stake in shares of Altria Group during the 2nd quarter valued at about $346,000. Finally, AXA S.A. purchased a new stake in Altria Group in the 2nd quarter worth about $5,752,000. Institutional investors own 57.41% of the company's stock.

Insiders Place Their Bets

In other Altria Group news, Director Ennis Debra J. Kelly sold 5,790 shares of Altria Group stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the transaction, the director 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen R. Strahlman sold 2,000 shares of Altria Group stock in a transaction on 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 directly owned 25,102 shares of the company's stock, valued at $1,821,401.12. The trade was a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by insiders.

Altria Group Price Performance

NYSE MO opened at $69.60 on Tuesday. The company has a market capitalization of $116.23 billion, a PE ratio of 14.56, a P/E/G ratio of 2.69 and a beta of 0.46. The company has a fifty day moving average of $69.47 and a 200 day moving average of $65.06. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $74.56.

Altria Group (NYSE:MO - Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.07. The company had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.58 billion. Altria Group had a net margin of 34.34% and a negative return on equity of 298.69%. The firm's quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.23 earnings per share. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Research analysts expect that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be issued a $1.06 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.24 dividend on an annualized basis and a yield of 6.1%. Altria Group's payout ratio is presently 88.70%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MO shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Altria Group from $60.00 to $66.00 and gave the stock a "hold" rating in a research report on Monday, May 4th. The Goldman Sachs Group reiterated a "buy" rating and set a $77.00 price objective on shares of Altria Group in a research note on Thursday, April 30th. Stifel Nicolaus increased their price objective on shares of Altria Group from $68.00 to $77.00 and gave the company a "buy" rating in a research note on Friday, May 1st. Barclays raised their target price on shares of Altria Group from $63.00 to $64.00 and gave the company an "underweight" rating in a research note on Friday, May 15th. Finally, Bank of America raised their target price on shares of Altria Group from $72.00 to $73.00 and gave the company a "buy" rating in a research note on Friday, April 10th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $70.44.

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.

Want to see what other hedge funds are holding MO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Altria Group, Inc. (NYSE:MO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.