EFG International AG Invests $5.38 Million in Altria Group, Inc. $MO

Key Points

• EFG International AG purchased 74,832 Altria shares during the second quarter, establishing a position worth approximately $5.38 million. Institutional investors collectively own 57.41% of Altria’s stock.
• Analyst sentiment remains mixed, with five Buy, four Hold, and two Sell ratings. The consensus rating is Hold, with an average price target of $70.11.
• Altria reported quarterly revenue of $5.36 billion, slightly exceeding expectations, while adjusted earnings of $1.48 per share narrowly missed estimates. Revenue rose 1.2% year over year, and the company maintained fiscal 2026 EPS guidance of $5.61–$5.72.

EFG International AG purchased a new position in Altria Group, Inc. (NYSE:MO - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 74,832 shares of the company's stock, valued at approximately $5,385,000.

Several other institutional investors have also bought and sold shares of MO. Comprehensive Financial Planning Inc. PA bought a new position in Altria Group during the second quarter valued at $26,000. Darwin Wealth Management LLC bought a new stake in shares of Altria Group in the second quarter valued at $27,000. Navalign LLC bought a new stake in shares of Altria Group in the fourth quarter valued at $28,000. Hughes Financial Services LLC lifted its position in shares of Altria Group by 62.9% during the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company's stock valued at $29,000 after buying an additional 197 shares during the last quarter. Finally, Miller Capital Partners Inc. purchased a new position in shares of Altria Group during the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 57.41% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group reissued a "buy" rating and issued a $77.00 price objective on shares of Altria Group in a report on Thursday, April 30th. Barclays dropped their price objective on shares of Altria Group from $64.00 to $58.00 and set an "underweight" rating on the stock in a report on Tuesday, August 11th. Morgan Stanley set a $71.00 target price on shares of Altria Group in a research report on Friday, May 1st. Citigroup lifted their target price on shares of Altria Group from $65.00 to $70.00 and gave the stock a "neutral" rating in a research note on Friday, May 1st. Finally, Jefferies Financial Group boosted their price target 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. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $70.11.

Altria Group Price Performance

Altria Group stock opened at $68.08 on Wednesday. Altria Group, Inc. has a one year low of $54.70 and a one year high of $77.06. The business has a fifty day moving average price of $70.14 and a 200-day moving average price of $68.91. The firm has a market capitalization of $113.68 billion, a P/E ratio of 14.36, a PEG ratio of 2.43 and a beta of 0.46.

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 for the quarter, missing the consensus estimate of $1.50 by ($0.02). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company had revenue of $5.36 billion during the quarter, compared to analysts' expectations of $5.35 billion. During the same quarter last year, the firm posted $1.44 earnings per share. Altria Group's revenue for the quarter 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 expect that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

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.

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