Compass Financial Management LLC Makes New Investment in Altria Group, Inc. $MO

Compass Financial Management LLC bought a new position in shares of Altria Group, Inc. (NYSE:MO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 14,284 shares of the company’s stock, valued at approximately $1,013,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of MO. Comprehensive Financial Planning Inc. PA acquired a new position in shares of Altria Group in the second quarter valued at approximately $26,000. Darwin Wealth Management LLC purchased a new stake in shares of Altria Group during the second quarter worth $27,000. Navalign LLC acquired a new stake in shares of Altria Group in the fourth quarter valued at $28,000. Hughes Financial Services LLC raised its stake in shares of Altria Group by 62.9% in the fourth 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, Miller Capital Partners Inc. purchased a new position in Altria Group in the fourth quarter valued at $29,000. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Altria Group Stock Performance

Shares of MO stock opened at $68.46 on Tuesday. The stock’s 50-day moving average is $70.18 and its two-hundred day moving average is $68.89. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $77.06. The firm has a market cap of $114.32 billion, a price-to-earnings ratio of 14.44, a PEG ratio of 2.34 and a beta of 0.46.

Altria Group (NYSE:MO) last announced its earnings results on Thursday, July 30th. The company reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). The firm had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the company earned $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, research analysts predict that Altria Group, Inc. will post 5.67 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently commented on MO. UBS Group boosted their target price on Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Morgan Stanley set a $71.00 price objective on shares of Altria Group in a research report on Friday, May 1st. 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. Finally, Stifel Nicolaus increased their target price on Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Altria Group currently has a consensus rating of “Hold” and a consensus price target of $70.11.

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.