Altria Group, Inc. $MO Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. cut its position in Altria Group, Inc. (NYSE:MO) by 4.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 257,779 shares of the company’s stock after selling 12,637 shares during the quarter. Altria Group accounts for about 1.0% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 8th largest holding. Landscape Capital Management L.L.C.’s holdings in Altria Group were worth $14,864,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MO. Darwin Wealth Management LLC acquired a new position in shares of Altria Group in the 2nd quarter valued at approximately $27,000. Navalign LLC acquired a new position in shares of Altria Group in the 4th quarter valued at approximately $28,000. Creative Capital Management Investments LLC acquired a new position in shares of Altria Group in the 4th quarter valued at approximately $29,000. Hughes Financial Services LLC raised its position in shares of Altria Group by 62.9% in the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after buying an additional 197 shares in the last quarter. Finally, EMC Capital Management acquired a new position in Altria Group during the 3rd quarter worth approximately $33,000. 57.41% of the stock is currently owned by institutional investors and hedge funds.

Altria Group Stock Performance

Shares of NYSE MO opened at $71.83 on Friday. Altria Group, Inc. has a 52-week low of $54.70 and a 52-week high of $74.56. The firm has a 50 day moving average price of $69.40 and a two-hundred day moving average price of $64.92. The stock has a market cap of $119.95 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 2.69 and a beta of 0.46.

Altria Group (NYSE:MO) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.32 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $4.58 billion. During the same period in the prior year, the company posted $1.23 EPS. The company’s revenue was up 5.3% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Analysts predict that Altria Group, Inc. will post 5.68 earnings per share for the current fiscal year.

Altria Group Dividend Announcement

The firm 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 $1.06 dividend. This represents a $4.24 annualized dividend and a yield of 5.9%. The ex-dividend date is Monday, June 15th. Altria Group’s dividend payout ratio is 88.70%.

Insider Activity at Altria Group

In other Altria Group 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 completion of 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 link. 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 shares were 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 of the company’s stock, valued at approximately $5,332,700.25. This trade represents a 7.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

MO has been the subject of a number of research reports. Bank of America increased 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. Jefferies Financial Group boosted their price objective on Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 27th. Stifel Nicolaus boosted their price objective on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. 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. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $70.44.

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.