Inceptionr LLC Acquires 11,962 Shares of Altria Group, Inc. $MO

Inceptionr LLC increased its holdings in shares of Altria Group, Inc. (NYSE:MO) by 82.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 26,517 shares of the company’s stock after purchasing an additional 11,962 shares during the period. Altria Group accounts for approximately 0.4% of Inceptionr LLC’s holdings, making the stock its 26th largest position. Inceptionr LLC’s holdings in Altria Group were worth $1,529,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Johnson & White Wealth Management LLC boosted its holdings in shares of Altria Group by 1.2% during the fourth quarter. Johnson & White Wealth Management LLC now owns 12,704 shares of the company’s stock worth $733,000 after acquiring an additional 154 shares during the period. Kanawha Capital Management LLC raised its position in shares of Altria Group by 0.8% in the fourth quarter. Kanawha Capital Management LLC now owns 19,546 shares of the company’s stock valued at $1,127,000 after buying an additional 160 shares in the last quarter. Strategic Advisors LLC raised its position in shares of Altria Group by 2.0% in the fourth quarter. Strategic Advisors LLC now owns 8,243 shares of the company’s stock valued at $475,000 after buying an additional 160 shares in the last quarter. Acorn Wealth Advisors LLC raised its position in shares of Altria Group by 1.6% in the fourth quarter. Acorn Wealth Advisors LLC now owns 10,117 shares of the company’s stock valued at $583,000 after buying an additional 163 shares in the last quarter. Finally, REAP Financial Group LLC raised its position in Altria Group by 14.9% during the fourth quarter. REAP Financial Group LLC now owns 1,277 shares of the company’s stock valued at $74,000 after purchasing an additional 166 shares in the last quarter. Institutional investors own 57.41% of the company’s stock.

Altria Group Stock Up 2.2%

Shares of Altria Group stock opened at $73.12 on Thursday. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $74.56. The stock has a market cap of $122.11 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 2.68 and a beta of 0.46. The company’s fifty day moving average is $69.16 and its 200 day moving average is $64.78.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.32 earnings per share 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 company had revenue of $4.76 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the previous year, the firm posted $1.23 earnings per share. Altria Group’s revenue for the quarter was up 5.3% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. As a group, equities analysts anticipate that Altria Group, Inc. will post 5.68 earnings per share for the current fiscal year.

Altria Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be given a dividend of $1.06 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $4.24 dividend on an annualized basis and a yield of 5.8%. Altria Group’s dividend payout ratio is 88.70%.

Insiders Place Their Bets

In other Altria Group news, Director Ellen R. Strahlman sold 2,000 shares of the company’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 sale, the director owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. This represents a 7.38% decrease in their ownership of the stock. 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 dated Tuesday, May 26th. The shares were 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 in the company, valued at $5,332,700.25. This represents a 7.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on MO shares. Citigroup boosted their price objective on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Barclays boosted their price objective on shares of Altria Group from $63.00 to $64.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Morgan Stanley set a $71.00 price target on shares of Altria Group in a report on Friday, May 1st. Stifel Nicolaus upped their price target on shares of Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Altria Group from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $70.44.

Altria Group 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.