Savvy Advisors Inc. bought a new position in shares of British American Tobacco p.l.c. (NYSE:BTI – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 9,846 shares of the company’s stock, valued at approximately $523,000.
A number of other institutional investors have also recently made changes to their positions in BTI. City State Bank lifted its stake in shares of British American Tobacco by 10.5% in the third quarter. City State Bank now owns 2,105 shares of the company’s stock worth $112,000 after acquiring an additional 200 shares during the period. Salem Investment Counselors Inc. raised its holdings in British American Tobacco by 48.6% during the 3rd quarter. Salem Investment Counselors Inc. now owns 633 shares of the company’s stock worth $34,000 after purchasing an additional 207 shares during the last quarter. Western Wealth Management LLC raised its holdings in British American Tobacco by 2.5% during the 2nd quarter. Western Wealth Management LLC now owns 8,656 shares of the company’s stock worth $410,000 after purchasing an additional 208 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in shares of British American Tobacco by 2.0% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,524 shares of the company’s stock worth $612,000 after purchasing an additional 222 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its stake in shares of British American Tobacco by 1.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 19,598 shares of the company’s stock valued at $915,000 after purchasing an additional 223 shares during the last quarter. Institutional investors own 16.16% of the company’s stock.
More British American Tobacco News
Here are the key news stories impacting British American Tobacco this week:
- Positive Sentiment: Raised dividend and higher yield — BTI declared a quarterly cash dividend of $0.8349 (a 13% increase from the prior quarterly payout), implying a ~5.6% yield; the raise supports income-focused investor demand and signals board confidence in returns to shareholders.
- Positive Sentiment: Expanded buyback and results modestly beat — management increased the 2026 share buyback by £1.3bn and FY2025 results came in slightly ahead of forecasts (adjusted operating profit +2.3%), underpinning cash returns and EPS support. British American Tobacco edges past forecasts
- Positive Sentiment: Smokeless/vapor growth driving profit — demand for vapor and other smoke‑free products boosted pretax profit, supporting the company’s strategic shift away from combustible products. British American Tobacco Posts Pretax Profit Jump
- Positive Sentiment: Cost program and AI initiatives — management is reshaping costs (AI productivity push) and exiting South Africa to lift margins, plus a target of ~£2bn savings through 2030, which should help long‑term profitability. British American Tobacco Reshapes Costs With AI Push And South Africa Exit
- Positive Sentiment: Analyst upgrade — at least one analyst reversed stance and upgraded BTI to a Buy, citing renewed growth in the New Category (smokeless) and improving operational leverage. I Was Wrong, Growth Is Back (Rating Upgrade)
- Neutral Sentiment: Re‑rating discussion after strong run — some commentary is reassessing BTI’s valuation after a >50% one‑year return, which could cap further multiple expansion unless growth continues. Reassessing British American Tobacco’s Valuation
- Negative Sentiment: Revenue guidance below Street — FY2026 revenue guidance was updated to $35.1B vs. consensus around $36.0B, a miss that likely pressured the stock as it implies softer top‑line momentum.
- Negative Sentiment: Cash‑flow concern — analysts flagged a 37% YoY drop in operating cash flow for 2025, raising questions about the sustainability of continued dividend increases and buybacks if cash conversion doesn’t recover. British American Tobacco 2025 Earnings: Battleground United States
British American Tobacco Price Performance
British American Tobacco Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 8th. Stockholders of record on Tuesday, December 29th will be issued a dividend of $0.8349 per share. The ex-dividend date is Tuesday, December 29th. This represents a $3.34 annualized dividend and a dividend yield of 5.6%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on BTI shares. Weiss Ratings reissued a “hold (c+)” rating on shares of British American Tobacco in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of British American Tobacco in a report on Friday, November 28th. Citigroup reissued a “buy” rating on shares of British American Tobacco in a research note on Friday, November 28th. Morgan Stanley reaffirmed an “underweight” rating on shares of British American Tobacco in a research note on Wednesday, December 10th. Finally, Kepler Capital Markets started coverage on British American Tobacco in a research note on Friday, December 12th. They issued a “buy” rating on the stock. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $51.00.
Read Our Latest Analysis on BTI
British American Tobacco Company Profile
British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.
BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.
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