Altria Group, Inc. $MO Stock: Parcion Private Wealth LLC Increases Stake

Parcion Private Wealth LLC grew its holdings in shares of Altria Group, Inc. (NYSE:MO) by 59.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,678 shares of the company’s stock after purchasing an additional 7,697 shares during the quarter. Parcion Private Wealth LLC’s holdings in Altria Group were worth $1,392,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Procyon Advisors LLC lifted its stake in Altria Group by 59.3% in the first quarter. Procyon Advisors LLC now owns 38,926 shares of the company’s stock valued at $2,569,000 after purchasing an additional 14,490 shares during the last quarter. Stephens Inc. AR grew its holdings in Altria Group by 8.6% during the first quarter. Stephens Inc. AR now owns 266,504 shares of the company’s stock valued at $17,696,000 after purchasing an additional 21,124 shares during the period. Callan Family Office LLC purchased a new stake in Altria Group in the second quarter worth $2,911,000. Janney Montgomery Scott LLC increased its position in Altria Group by 26.9% in the second quarter. Janney Montgomery Scott LLC now owns 1,164,691 shares of the company’s stock worth $83,800,000 after buying an additional 246,702 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in Altria Group by 21.6% in the first quarter. Waverly Advisors LLC now owns 95,137 shares of the company’s stock worth $6,278,000 after buying an additional 16,877 shares during the last quarter. 57.41% of the stock is currently owned by institutional investors.

Key Altria Group News

Here are the key news stories impacting Altria Group this week:

• Positive Sentiment: Q3 earnings beat expectations: Adjusted EPS rose to $1.52 from $1.45 a year earlier, exceeding the $1.51 consensus estimate. Net revenue, excluding excise taxes, increased 3.6% to $5.44 billion, supported by higher pricing and stronger smokeable-product profits. Altria MO stock is up, what you need to know
• Positive Sentiment: Higher full-year outlook and buybacks: Altria raised its 2026 adjusted EPS guidance after the quarterly beat and expanded its share-repurchase program. The combination of improved earnings visibility and capital returns helped support the bullish investor reaction. MO Q3 Earnings Call Highlights Higher Guidance and Nicotine Strategy
• Positive Sentiment: Core and next-generation products remain supportive: Needham said Altria’s smokeable volumes continue to outperform the broader industry, helped by its portfolio strategy. Management also highlighted growth in nicotine pouches, giving investors an additional source of expansion beyond traditional cigarettes. Altria’s Smokeable Volumes Continue to Outperform Industry, Needham Says
• Neutral Sentiment: Valuation is attracting attention: Some analysis continues to view Altria as undervalued based on its cash-generation and dividend profile, although the stock’s roughly 153% five-year gain means investors are increasingly focused on whether future cash flows justify the higher valuation. Altria Group Stock Still Appears Undervalued Following Its 153% Run
• Negative Sentiment: Analyst target remains a near-term constraint: Morgan Stanley raised its price target from $71 to $77 but maintained an “equal weight” rating, implying limited upside from the current trading level. This suggests some analysts believe the recent rally has already priced in much of the earnings improvement. Morgan Stanley Altria rating

Insider Transactions at Altria Group

In related news, Director Kathryn McQuade bought 1,500 shares of the business’s stock in a transaction on Wednesday, September 9th. The stock was acquired at an average price of $67.62 per share, for a total transaction of $101,430.00. Following the purchase, the director directly owned 114,929 shares in the company, valued at $7,771,498.98. This trade represents a 1.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on MO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a research report on Monday, October 12th. UBS Group lifted their price objective on Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Barclays decreased their price objective on Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a report on Tuesday, August 11th. Citigroup boosted their price objective on Altria Group from $70.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Morgan Stanley upped their price objective on shares of Altria Group from $71.00 to $77.00 and gave the company an “equal weight” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $71.00.

Altria Group Price Performance

Shares of MO stock opened at $78.03 on Friday. The stock has a market capitalization of $130.29 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 2.76 and a beta of 0.42. The company’s fifty day simple moving average is $70.45 and its two-hundred day simple moving average is $68.75. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $79.81.

Altria Group (NYSE:MO) last posted its quarterly earnings results on Thursday, October 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.01. Altria Group had a negative return on equity of 330.66% and a net margin of 34.51%. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $5.31 billion. During the same period last year, the company earned $1.45 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. Equities research analysts anticipate that Altria Group, Inc. will post 5.69 EPS for the current year.

Altria Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Tuesday, September 15th were issued a dividend of $1.11 per share. This is a positive change from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $4.44 dividend on an annualized basis and a yield of 5.7%. Altria Group’s payout ratio is currently 91.74%.

Altria Group Profile

Altria Group, Inc is a U.S.-based consumer products company focused primarily on tobacco, nicotine and related products. Through its operating companies, Altria sells cigarettes, cigars, pipe tobacco, oral tobacco and nicotine products, and electronic vapor products.

Altria’s principal cigarette business is Philip Morris USA, whose portfolio includes Marlboro, Parliament and Virginia Slims. Its other major brands include Copenhagen and Skoal moist smokeless tobacco, Black & Mild cigars, on! nicotine pouches and NJOY electronic cigarettes.