Capital Financial Group Inc. Co. ADV Acquires New Position in Altria Group, Inc. $MO

Capital Financial Group Inc. Co. ADV acquired a new stake in shares of Altria Group, Inc. (NYSE:MO) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 22,211 shares of the company’s stock, valued at approximately $1,281,000.

Several other large investors also recently bought and sold shares of MO. Brighton Jones LLC grew its stake in shares of Altria Group by 64.7% in the 4th quarter. Brighton Jones LLC now owns 17,702 shares of the company’s stock valued at $926,000 after buying an additional 6,954 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Altria Group by 86.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company’s stock valued at $373,000 after buying an additional 2,946 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of Altria Group by 6.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company’s stock valued at $565,000 after buying an additional 618 shares during the period. Gamco Investors INC. ET AL purchased a new stake in shares of Altria Group in the 2nd quarter valued at approximately $346,000. Finally, AXA S.A. purchased a new stake in shares of Altria Group in the 2nd quarter valued at approximately $5,752,000. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on MO shares. The Goldman Sachs Group reissued a “buy” rating and issued a $77.00 price target on shares of Altria Group in a research note on Thursday, April 30th. Wall Street Zen raised shares of Altria Group from a “hold” rating to a “buy” rating in a research note on Saturday. Morgan Stanley set a $71.00 price target on shares of Altria Group in a research note on Friday, May 1st. Citigroup increased their price target on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, Bank of America increased their price target on shares of Altria Group from $72.00 to $73.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Five investment 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. According to MarketBeat.com, Altria Group has an average rating of “Hold” and an average target price of $70.44.

Insider Activity at Altria Group

In other news, Director Ellen R. Strahlman sold 2,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director directly owned 25,102 shares in the company, valued at approximately $1,821,401.12. This represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the company’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 completion of the transaction, the director 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. Corporate insiders own 0.10% of the company’s stock.

Altria Group Stock Performance

Shares of MO stock opened at $69.60 on Tuesday. The firm’s 50 day moving average price is $69.47 and its 200-day moving average price is $65.06. Altria Group, Inc. has a one year low of $54.70 and a one year high of $74.56. The firm has a market cap of $116.23 billion, a P/E ratio of 14.56, a P/E/G ratio of 2.69 and a beta of 0.46.

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

Altria Group Announces Dividend

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

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.