Corient Private Wealth LP Has $38.46 Million Holdings in Altria Group, Inc. $MO

Corient Private Wealth LP decreased its position in Altria Group, Inc. (NYSE:MO - Free Report) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 534,418 shares of the company's stock after selling 25,096 shares during the quarter. Corient Private Wealth LP's holdings in Altria Group were worth $38,457,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Tucker Asset Management LLC grew its holdings in shares of Altria Group by 7.1% during the second quarter. Tucker Asset Management LLC now owns 9,939 shares of the company's stock worth $715,000 after buying an additional 658 shares in the last quarter. Amundi grew its stake in shares of Altria Group by 9.9% during the 2nd quarter. Amundi now owns 1,252,381 shares of the company's stock worth $90,109,000 after acquiring an additional 112,341 shares in the last quarter. Advus Financial Partners LLC raised its holdings in shares of Altria Group by 6.1% in the second quarter. Advus Financial Partners LLC now owns 12,846 shares of the company's stock valued at $924,000 after purchasing an additional 735 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Altria Group in the second quarter valued at approximately $88,392,000. Finally, Ameritas Advisory Services LLC lifted its position in shares of Altria Group by 25.8% in the second quarter. Ameritas Advisory Services LLC now owns 60,861 shares of the company's stock worth $4,379,000 after purchasing an additional 12,464 shares in the last quarter. 57.41% of the stock is currently owned by institutional investors.

Insider Transactions at Altria Group

In other Altria Group news, Director Kathryn McQuade acquired 1,500 shares of the business's stock in a transaction dated Wednesday, September 9th. The stock was bought at an average cost of $67.62 per share, with a total value of $101,430.00. Following the completion of the transaction, the director directly owned 114,929 shares in the company, valued at approximately $7,771,498.98. This represents a 1.32% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MO has been the subject of a number of analyst reports. Jefferies Financial Group raised their target price on shares of Altria Group from $50.00 to $60.00 and gave the company an "underperform" rating in a research report on Wednesday, May 27th. BTIG Research started coverage on shares of Altria Group in a research report on Tuesday, July 21st. They set a "neutral" rating on the stock. UBS Group increased their price objective on shares of Altria Group from $76.00 to $79.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Barclays decreased their price objective on Altria Group from $64.00 to $58.00 and set an "underweight" rating for the company in a report on Tuesday, August 11th. Finally, Wall Street Zen lowered Altria Group from a "buy" rating to a "hold" rating in a report on Sunday, June 21st. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Altria Group presently has an average rating of "Hold" and an average target price of $70.11.

Key Stories Impacting Altria Group

Here are the key news stories impacting Altria Group this week:

• Positive Sentiment: Director Kathryn B. McQuade purchased 1,500 shares of Altria at an average price of $67.62, increasing her direct holdings by 1.32%. The roughly $101,000 insider purchase may signal confidence that the stock’s valuation and dividend remain attractive. SEC insider transaction filing
• Positive Sentiment: Recent investment coverage continues to highlight MO as an income-oriented stock, citing its multidecade record of dividend increases, approximately 6%-plus yield, and relatively attractive valuation. Those features may support demand from retirement and dividend-focused investors. Dividend streak article
• Neutral Sentiment: Industry commentary says Altria and other tobacco companies are responding to declining cigarette volumes and rising costs by expanding smoke-free products and adapting to changing consumer preferences. The strategy offers long-term growth potential, but execution and category adoption remain important risks. Tobacco industry dynamics article
• Negative Sentiment: Seeking Alpha downgraded Altria to Hold, citing technical consolidation below its 50-day moving average and mixed second-quarter results. Smokeable products remained resilient, but oral tobacco revenue fell 5.2% year over year, raising concerns about growth momentum despite the stock’s low forward valuation and high yield. Altria rating downgrade article

Altria Group Price Performance

Shares of MO stock opened at $69.01 on Monday. The stock has a market cap of $115.23 billion, a P/E ratio of 14.56, a P/E/G ratio of 2.45 and a beta of 0.45. The company has a fifty day moving average price of $69.41 and a two-hundred day moving average price of $69.11. Altria Group, Inc. has a one year low of $54.70 and a one year high of $77.06.

Altria Group (NYSE:MO - Get Free Report) last released 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). The firm had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.35 billion. Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The firm's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, equities research analysts anticipate that Altria Group, Inc. will post 5.67 EPS for the current fiscal year.

Altria Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Tuesday, September 15th will be paid a $1.11 dividend. This is a positive change from Altria Group's previous quarterly dividend of $1.06. This represents a $4.44 annualized dividend and a yield of 6.4%. The ex-dividend date is Tuesday, September 15th. Altria Group's dividend payout ratio is currently 89.45%.

About Altria Group

Altria Group, Inc NYSE: MO is a tobacco and nicotine company headquartered in Richmond, Virginia. Through its operating companies, Altria develops, manufactures and markets cigarettes, cigars, oral tobacco products, nicotine pouches and electronic vaping products, with its business focused primarily on the United States.

Altria's smokeable products portfolio includes Marlboro cigarettes, which are manufactured and marketed in the U.S. by Philip Morris USA, as well as Black & Mild cigars through John Middleton.

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