Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $22.51 Million Holdings in Altria Group, Inc. $MO

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in Altria Group, Inc. (NYSE:MO) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 390,469 shares of the company’s stock after selling 12,934 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Altria Group were worth $22,514,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Cornerstone Select Advisors LLC boosted its stake in Altria Group by 2.0% in the fourth quarter. Cornerstone Select Advisors LLC now owns 21,945 shares of the company’s stock valued at $1,265,000 after buying an additional 435 shares in the last quarter. Acorn Wealth Advisors LLC boosted its stake in shares of Altria Group by 1.6% during the fourth quarter. Acorn Wealth Advisors LLC now owns 10,117 shares of the company’s stock valued at $583,000 after purchasing an additional 163 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Altria Group during the fourth quarter valued at about $48,589,000. Zhang Financial LLC boosted its stake in shares of Altria Group by 11.5% during the fourth quarter. Zhang Financial LLC now owns 20,410 shares of the company’s stock valued at $1,177,000 after purchasing an additional 2,103 shares in the last quarter. Finally, Fideuram Asset Management Ireland dac acquired a new stake in shares of Altria Group during the fourth quarter valued at about $1,339,000. 57.41% of the stock is owned by institutional investors and hedge funds.

Altria Group Price Performance

Altria Group stock opened at $69.63 on Monday. The stock’s 50 day moving average is $68.21 and its 200 day moving average is $64.07. The firm has a market cap of $116.28 billion, a P/E ratio of 14.57, a P/E/G ratio of 2.60 and a beta of 0.46. Altria Group, Inc. has a one year low of $54.70 and a one year high of $74.56.

Altria Group (NYSE:MO) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07. The company had revenue of $4.76 billion for the quarter, compared to analyst estimates of $4.58 billion. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.23 earnings per share. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Equities analysts anticipate that Altria Group, Inc. will post 5.68 earnings per share for the current fiscal year.

Altria Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be paid a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th. Altria Group’s payout ratio is currently 88.70%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MO. UBS Group lifted their price target on Altria Group from $74.00 to $76.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Jefferies Financial Group lifted their price target on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Bank of America lifted their price target on Altria Group from $72.00 to $73.00 and gave the company a “buy” rating in a research note on Friday, April 10th. The Goldman Sachs Group reissued a “buy” rating and set a $77.00 price target on shares of Altria Group in a research note on Thursday, April 30th. Finally, Wall Street Zen lowered Altria Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $70.44.

Insider Buying and Selling

In related news, Director Ellen R. Strahlman sold 2,000 shares of Altria Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total value of $145,120.00. Following the transaction, the director directly owned 25,102 shares of the company’s stock, valued at $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ennis Debra J. Kelly sold 5,790 shares of Altria Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the transaction, the director directly owned 73,809 shares in the company, valued at approximately $5,332,700.25. This represents a 7.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 35,698 shares of company stock valued at $2,449,191 over the last ninety days. 0.10% of the stock is owned by company insiders.

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.