Commonwealth Retirement Investments LLC Lowers Stake in Altria Group, Inc. $MO

Key Points

• Commonwealth Retirement Investments LLC reduced its Altria stake by 19% in the second quarter, selling 22,724 shares and retaining 96,961 shares valued at approximately $6.98 million. Institutional investors collectively own 57.41% of Altria.
• Altria reported quarterly revenue of $5.36 billion, slightly above estimates, but EPS of $1.48 missed the $1.50 consensus. The company maintained fiscal 2026 EPS guidance of $5.61–$5.72.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $70.11 target price; shares opened at $64.03, down 2.5%, and two directors recently sold shares.

Commonwealth Retirement Investments LLC cut its stake in Altria Group, Inc. (NYSE:MO - Free Report) by 19.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,961 shares of the company's stock after selling 22,724 shares during the period. Altria Group comprises about 1.9% of Commonwealth Retirement Investments LLC's investment portfolio, making the stock its 16th largest position. Commonwealth Retirement Investments LLC's holdings in Altria Group were worth $6,976,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC boosted its position in Altria Group by 5.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company's stock valued at $191,000 after buying an additional 143 shares during the period. Angeles Wealth Management LLC grew its stake in Altria Group by 1.3% in the 2nd quarter. Angeles Wealth Management LLC now owns 11,239 shares of the company's stock worth $821,000 after acquiring an additional 146 shares in the last quarter. Bernardo Wealth Planning LLC grew its stake in Altria Group by 4.6% in the 2nd quarter. Bernardo Wealth Planning LLC now owns 3,379 shares of the company's stock worth $243,000 after acquiring an additional 149 shares in the last quarter. Johnson & White Wealth Management LLC increased its position in shares of Altria Group by 1.2% during 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 period. Finally, Kanawha Capital Management LLC increased its position in shares of Altria Group by 0.8% during the fourth 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 during the period. Hedge funds and other institutional investors own 57.41% of the company's stock.

Insider Transactions at Altria Group

In other Altria Group news, Director Ellen R. Strahlman sold 2,000 shares of the business'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 transaction, the director directly owned 25,102 shares in the company, valued at approximately $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed 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 shares were sold at an average price of $72.25, for a total transaction of $418,327.50. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company's stock.

Altria Group Stock Down 2.5%

Altria Group stock opened at $64.03 on Tuesday. The business has a fifty day moving average of $70.68 and a two-hundred day moving average of $68.74. The firm has a market cap of $106.91 billion, a P/E ratio of 13.51, a P/E/G ratio of 2.33 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 announced its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.50 by ($0.02). The company had revenue of $5.36 billion during the quarter, compared to analysts' expectations of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company's revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. Equities analysts expect that Altria Group, Inc. will post 5.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MO has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Altria Group from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Weiss Ratings reissued a "buy (b)" rating on shares of Altria Group in a research note on Tuesday, July 14th. Barclays reduced their price objective on Altria Group from $64.00 to $58.00 and set an "underweight" rating on the stock in a report on Tuesday, August 11th. BTIG Research assumed coverage on Altria Group in a research report on Tuesday, July 21st. They set a "neutral" rating for the company. Finally, Morgan Stanley set a $71.00 target price on Altria Group in a report on Friday, May 1st. Five equities research 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 company currently has a consensus rating of "Hold" and a consensus target price of $70.11.

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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