7,725 Shares in Altria Group, Inc. $MO Purchased by Rare Wolf Capital LLC

Rare Wolf Capital LLC purchased a new stake in shares of Altria Group, Inc. (NYSE:MO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,725 shares of the company’s stock, valued at approximately $445,000.

Other institutional investors have also recently made changes to their positions in the company. Viking Fund Management LLC increased its holdings in Altria Group by 14.1% during the fourth quarter. Viking Fund Management LLC now owns 202,000 shares of the company’s stock worth $11,647,000 after buying an additional 25,000 shares during the last quarter. US Bancorp DE grew its holdings in Altria Group by 3.2% during the third quarter. US Bancorp DE now owns 603,834 shares of the company’s stock worth $39,889,000 after purchasing an additional 18,626 shares during the period. Illinois Municipal Retirement Fund increased its holdings in shares of Altria Group by 7.1% during the 4th quarter. Illinois Municipal Retirement Fund now owns 668,243 shares of the company’s stock worth $38,531,000 after acquiring an additional 44,267 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Altria Group by 438.6% in the fourth quarter. SG Americas Securities LLC now owns 3,637,678 shares of the company’s stock valued at $209,749,000 after purchasing an additional 2,962,270 shares during the period. Finally, Rayburn West Financial Services LLC acquired a new stake in Altria Group during the fourth quarter worth approximately $2,438,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Price Performance

MO opened at $69.18 on Friday. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $74.56. The company’s 50 day moving average price is $69.67 and its two-hundred day moving average price is $65.28. The firm has a market capitalization of $115.53 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 2.58 and a beta of 0.46.

Altria Group (NYSE:MO) last released 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 the consensus estimate of $4.58 billion. During the same quarter last year, the firm earned $1.23 earnings per share. The company’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 research analysts predict that Altria Group, Inc. will post 5.68 EPS for the current year.

Altria Group Dividend Announcement

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

Insider Transactions at Altria Group

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction dated 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 directly owned 73,809 shares in the company, valued at $5,332,700.25. This trade represents a 7.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of Altria Group stock in a transaction that occurred on Tuesday, May 26th. The stock was 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

MO has been the subject of a number of recent research reports. Bank of America boosted their price objective on shares of Altria Group from $72.00 to $73.00 and gave the company a “buy” rating in a report on Friday, April 10th. Deutsche Bank Aktiengesellschaft increased their target price on Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Barclays raised their price target on Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Jefferies Financial Group boosted their price target on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Finally, Citigroup upped their price objective on shares of Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Altria Group currently has an average rating of “Hold” and a consensus target price of $70.44.

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.