Nykredit A S Acquires Shares of 110,288 Altria Group, Inc. $MO

Key Points

• Nykredit A/S acquired 110,288 Altria shares during the second quarter, valued at approximately $7.94 million. Institutional investors and hedge funds collectively own 57.41% of Altria’s outstanding stock.
• Altria reported quarterly revenue of $5.36 billion, slightly above estimates, but earnings per share of $1.48 missed consensus by $0.02. The company maintained fiscal 2026 EPS guidance of $5.61–$5.72.
• Altria raised its quarterly dividend to $1.11 per share, implying an annualized dividend of $4.44 and a yield of about 6.5%. Analysts have a consensus “Hold” rating and an average price target of $70.11.

Nykredit A S bought a new position in shares of Altria Group, Inc. (NYSE:MO - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 110,288 shares of the company's stock, valued at approximately $7,935,000.

Several other hedge funds also recently made changes to their positions in the company. EMC Capital Management acquired a new position in Altria Group in the second quarter worth $73,000. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Altria Group by 8.2% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 39,667 shares of the company's stock valued at $2,854,000 after buying an additional 2,994 shares during the period. XML Financial LLC grew its position in shares of Altria Group by 2.5% during the 2nd quarter. XML Financial LLC now owns 12,678 shares of the company's stock valued at $912,000 after buying an additional 308 shares during the last quarter. Symphony Financial Ltd. Co. grew its position in shares of Altria Group by 3.2% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 87,957 shares of the company's stock valued at $6,505,000 after buying an additional 2,702 shares during the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. acquired a new stake in Altria Group during the second quarter worth about $210,000. Institutional investors and hedge funds own 57.41% of the company's stock.

Altria Group Stock Performance

NYSE MO opened at $68.80 on Friday. The stock has a market capitalization of $114.88 billion, a P/E ratio of 14.51, a P/E/G ratio of 2.44 and a beta of 0.45. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $77.06. The business's fifty day moving average is $69.82 and its two-hundred day moving average is $69.07.

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 company had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.35 billion. Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The business's revenue was up 1.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, research analysts forecast that Altria Group, Inc. will post 5.67 earnings per share for the current year.

Altria Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Tuesday, September 15th will be given a $1.11 dividend. This is a positive change from Altria Group's previous quarterly dividend of $1.06. The ex-dividend date is Tuesday, September 15th. This represents a $4.44 dividend on an annualized basis and a dividend yield of 6.5%. Altria Group's dividend payout ratio is 93.67%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MO shares. UBS Group boosted their price objective on Altria Group from $76.00 to $79.00 and gave the company a "buy" rating in a research report on Tuesday, July 7th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Altria Group in a research report on Tuesday, July 14th. Barclays cut their target price on Altria Group from $64.00 to $58.00 and set an "underweight" rating on the stock in a research note on Tuesday, August 11th. BTIG Research started coverage on shares of Altria Group in a report on Tuesday, July 21st. They set a "neutral" rating for the company. Finally, Wall Street Zen lowered shares of Altria Group from a "buy" rating to a "hold" rating in a research report on Sunday, June 21st. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Altria Group presently has an average rating of "Hold" and an average price target of $70.11.

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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