Krilogy Financial LLC Decreases Position in Altria Group, Inc. $MO

Krilogy Financial LLC decreased its position in Altria Group, Inc. (NYSE:MO) by 10.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 65,121 shares of the company’s stock after selling 7,827 shares during the period. Krilogy Financial LLC’s holdings in Altria Group were worth $4,685,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in shares of Altria Group in the 2nd quarter worth about $27,000. Navalign LLC acquired a new stake in Altria Group in the 4th quarter valued at about $28,000. Miller Capital Partners Inc. purchased a new position in Altria Group during the 4th quarter valued at about $29,000. Hughes Financial Services LLC increased its holdings in Altria Group by 62.9% during the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after acquiring an additional 197 shares in the last quarter. Finally, Physician Wealth Advisors Inc. raised its position in Altria Group by 78.8% during the first quarter. Physician Wealth Advisors Inc. now owns 524 shares of the company’s stock worth $35,000 after acquiring an additional 231 shares during the last quarter. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Trading Up 1.0%

NYSE:MO opened at $65.05 on Friday. The firm has a market cap of $108.62 billion, a price-to-earnings ratio of 13.72, a price-to-earnings-growth ratio of 2.28 and a beta of 0.46. The company’s 50-day moving average is $70.96 and its two-hundred day moving average is $68.72. Altria Group, Inc. has a 12-month low of $54.70 and a 12-month high of $77.06.

Altria Group (NYSE:MO) last issued 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 firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.35 billion. Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The business’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities research analysts forecast that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

Insider Activity at Altria Group

In other Altria Group news, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the transaction, the director owned 25,102 shares of the company’s stock, valued at $1,821,401.12. This represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction 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 sale, the director owned 73,809 shares in the company, valued at $5,332,700.25. This trade represents a 7.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MO shares. UBS Group upped their price target on shares of Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a research note on Tuesday, July 14th. Jefferies Financial Group upped their target price on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Barclays lowered their target price on Altria Group from $64.00 to $58.00 and set an “underweight” rating on the stock in a report on Tuesday. Finally, Stifel Nicolaus raised their price target on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $70.11.

About Altria Group

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.