one8zero8 LLC Acquires New Shares in Altria Group, Inc. $MO

Key Points

• one8zero8 LLC acquired 31,504 Altria shares during the second quarter, valued at approximately $2.27 million. Institutional investors and hedge funds collectively own 57.41% of the company.
• Altria reported quarterly EPS of $1.48, slightly below the $1.50 consensus, while revenue of $5.36 billion narrowly exceeded estimates and increased 1.2% year over year. The company maintained fiscal 2026 EPS guidance of $5.61–$5.72.
• Analyst sentiment is mixed, with the stock carrying a consensus “Hold” rating and an average price target of $70.11. Two company directors recently sold shares, while Altria’s stock opened at $65.87, below its 50-day moving average of $70.20.

one8zero8 LLC bought a new stake in Altria Group, Inc. (NYSE:MO - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 31,504 shares of the company's stock, valued at approximately $2,267,000.

Several other institutional investors have also recently bought and sold shares of the business. Cornerstone Planning Group LLC boosted its stake in shares of 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 purchasing an additional 143 shares in the last quarter. Angeles Wealth Management LLC increased its position in Altria Group by 1.3% during the 2nd quarter. Angeles Wealth Management LLC now owns 11,239 shares of the company's stock worth $821,000 after purchasing an additional 146 shares in the last quarter. Bernardo Wealth Planning LLC increased its position in Altria Group by 4.6% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 3,379 shares of the company's stock worth $243,000 after purchasing an additional 149 shares in the last quarter. Old Peak Finance LLC lifted its stake in Altria Group by 1.3% in the 2nd quarter. Old Peak Finance LLC now owns 11,920 shares of the company's stock valued at $858,000 after purchasing an additional 151 shares during the last quarter. Finally, Joel Isaacson & Co. LLC lifted its stake in Altria Group by 0.7% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 23,324 shares of the company's stock valued at $1,678,000 after purchasing an additional 152 shares during the last quarter. Institutional investors and hedge funds own 57.41% of the company's stock.

Altria Group Price Performance

NYSE MO opened at $65.87 on Friday. Altria Group, Inc. has a one year low of $54.70 and a one year high of $77.06. The business has a 50 day simple moving average of $70.20 and a 200 day simple moving average of $68.81. The stock has a market capitalization of $109.99 billion, a P/E ratio of 13.90, a P/E/G ratio of 2.34 and a beta of 0.46.

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 during the quarter, compared to the consensus estimate of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The business's revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.44 EPS. 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.

Insider Buying and Selling

In other Altria Group news, Director Ellen R. Strahlman sold 2,000 shares of the business's 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 sale, the director owned 25,102 shares in the company, valued at approximately $1,821,401.12. The trade was a 7.38% decrease in their position. 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 business's stock in a transaction dated Tuesday, May 26th. The stock was 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. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on MO shares. Barclays decreased their target price on shares of Altria Group from $64.00 to $58.00 and set an "underweight" rating on the stock in a research note on Tuesday, August 11th. Weiss Ratings reiterated a "buy (b)" rating on shares of Altria Group in a research report on Tuesday, July 14th. Wall Street Zen downgraded Altria Group from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Jefferies Financial Group lifted their target price on shares of Altria Group from $50.00 to $60.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 27th. Finally, BTIG Research started coverage on shares of Altria Group in a report on Tuesday, July 21st. They set a "neutral" rating on the stock. Five research 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's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target 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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source