Personal CFO Solutions LLC Lowers Stock Position in Altria Group, Inc. $MO

Personal CFO Solutions LLC cut its stake in shares of Altria Group, Inc. (NYSE:MO) by 23.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,105 shares of the company’s stock after selling 11,188 shares during the period. Personal CFO Solutions LLC’s holdings in Altria Group were worth $2,421,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MO. Brighton Jones LLC lifted its stake in Altria Group by 64.7% in the fourth quarter. Brighton Jones LLC now owns 17,702 shares of the company’s stock worth $926,000 after acquiring an additional 6,954 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Altria Group by 86.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company’s stock valued at $373,000 after purchasing an additional 2,946 shares during the last quarter. Schnieders Capital Management LLC. increased its position in shares of Altria Group by 6.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company’s stock valued at $565,000 after purchasing an additional 618 shares during the last quarter. Gamco Investors INC. ET AL acquired a new stake in shares of Altria Group in the 2nd quarter valued at $346,000. Finally, AXA S.A. acquired a new stake in shares of Altria Group in the 2nd quarter valued at $5,752,000. 57.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Altria Group

In other Altria Group news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction 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 transaction, the director directly 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 position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of Altria Group 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 completion of the transaction, the director 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. Company insiders own 0.10% of the company’s stock.

Altria Group Stock Down 0.2%

Shares of NYSE MO opened at $72.81 on Thursday. The business has a 50-day moving average price of $71.43 and a 200 day moving average price of $66.61. The stock has a market cap of $121.58 billion, a PE ratio of 15.23, a price-to-earnings-growth ratio of 2.73 and a beta of 0.45. Altria Group, Inc. has a 52-week low of $54.70 and a 52-week high of $74.56.

Altria Group (NYSE:MO) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.25 by $0.07. The company had revenue of $4.76 billion for the quarter, compared to analyst estimates of $4.58 billion. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 earnings per share. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Sell-side analysts anticipate that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be paid a dividend of $1.06 per share. The ex-dividend date 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 currently 88.70%.

Wall Street Analyst Weigh In

MO has been the subject of a number of analyst reports. Citigroup boosted their target price on shares of Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. UBS Group lifted their price target on Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday. The Goldman Sachs Group reaffirmed a “buy” rating and set a $77.00 price objective on shares of Altria Group in a research report on Thursday, April 30th. Morgan Stanley set a $71.00 price objective on Altria Group in a report on Friday, May 1st. Finally, Wall Street Zen cut Altria Group from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Altria Group currently has a consensus rating of “Hold” and an average price target of $70.78.

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.