Todd Asset Management LLC Boosts Stock Holdings in Altria Group, Inc. $MO

Key Points

• Todd Asset Management increased its Altria stake by 2.2% in the second quarter, adding 17,704 shares to hold 824,190 shares valued at approximately $59.3 million. Institutional investors collectively own 57.41% of Altria.
• Analyst sentiment remains mixed, with five Buy, four Hold and two Sell ratings; the consensus rating is Hold with a price target of $70.11.
• Altria’s latest quarterly results showed revenue of $5.36 billion, slightly above estimates, but adjusted EPS of $1.48 missed expectations by $0.02. Two directors also sold shares, while the company issued fiscal 2026 EPS guidance of $5.61–$5.72.

Todd Asset Management LLC lifted its position in shares of Altria Group, Inc. (NYSE:MO - Free Report) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 824,190 shares of the company's stock after acquiring an additional 17,704 shares during the period. Todd Asset Management LLC's holdings in Altria Group were worth $59,300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in MO. Darwin Wealth Management LLC purchased a new stake in Altria Group during the 2nd quarter valued at $27,000. Navalign LLC purchased a new position in shares of Altria Group in the fourth quarter worth $28,000. Hughes Financial Services LLC raised its stake in shares of Altria Group by 62.9% in the fourth quarter. Hughes Financial Services LLC now owns 510 shares of the company's stock worth $29,000 after purchasing an additional 197 shares during the last quarter. Miller Capital Partners Inc. purchased a new position in shares of Altria Group in the fourth quarter worth $29,000. Finally, Quattro Advisors LLC bought a new position in shares of Altria Group during the fourth quarter valued at $33,000. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MO has been the topic of several recent analyst reports. Stifel Nicolaus increased their price objective on Altria Group from $68.00 to $77.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Jefferies Financial Group boosted their target price on Altria Group from $50.00 to $60.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 27th. Wall Street Zen cut shares of Altria Group from a "buy" rating to a "hold" rating in a research note on Sunday, June 21st. Morgan Stanley set a $71.00 price target on shares of Altria Group in a report on Friday, May 1st. Finally, The Goldman Sachs Group restated a "buy" rating and set a $77.00 price objective on shares of Altria Group in a research report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Altria Group has an average rating of "Hold" and a consensus price target of $70.11.

Insider Activity at Altria Group

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total transaction of $418,327.50. Following the transaction, the director 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $72.56, for a total value of $145,120.00. Following the sale, the director owned 25,102 shares in the company, valued at $1,821,401.12. The trade was a 7.38% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

Altria Group Stock Up 2.1%

Altria Group stock opened at $65.32 on Wednesday. The company's 50-day moving average price is $70.55 and its 200-day moving average price is $68.75. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $77.06. The company has a market cap of $109.07 billion, a PE ratio of 13.78, a price-to-earnings-growth ratio of 2.33 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 EPS for the quarter, missing analysts' consensus estimates of $1.50 by ($0.02). The business 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 firm's revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, 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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