British American Tobacco (NYSE:BTI) Issues FY 2026 Earnings Guidance

British American Tobacco (NYSE:BTI) issued an update on its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.725-4.725 for the period, compared to the consensus estimate of 4.810. The company issued revenue guidance of $33.7 billion-$33.7 billion, compared to the consensus revenue estimate of $35.0 billion.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BTI. Morgan Stanley reiterated an “overweight” rating on shares of British American Tobacco in a research report on Monday, June 8th. Citigroup restated a “buy” rating on shares of British American Tobacco in a research report on Thursday, May 14th. BTIG Research initiated coverage on shares of British American Tobacco in a research report on Tuesday, July 21st. They set a “buy” rating for the company. Wall Street Zen lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Finally, Weiss Ratings raised shares of British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, June 3rd. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.

British American Tobacco Stock Down 2.2%

NYSE:BTI opened at $61.68 on Friday. British American Tobacco has a 12 month low of $49.88 and a 12 month high of $67.30. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.57 and a current ratio of 0.87. The firm has a fifty day simple moving average of $61.28 and a two-hundred day simple moving average of $60.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of British American Tobacco by 35.2% during the first quarter. AQR Capital Management LLC now owns 27,914 shares of the company’s stock worth $1,155,000 after purchasing an additional 7,270 shares during the period. Sivia Capital Partners LLC raised its holdings in British American Tobacco by 42.5% during the second quarter. Sivia Capital Partners LLC now owns 8,455 shares of the company’s stock worth $400,000 after buying an additional 2,521 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of British American Tobacco by 10.2% in the second quarter. Rhumbline Advisers now owns 6,017 shares of the company’s stock valued at $285,000 after buying an additional 559 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of British American Tobacco by 58.6% during the second quarter. Baird Financial Group Inc. now owns 14,853 shares of the company’s stock valued at $703,000 after buying an additional 5,486 shares during the last quarter. Finally, Brown Advisory Inc. increased its position in shares of British American Tobacco by 5.4% during the second quarter. Brown Advisory Inc. now owns 15,967 shares of the company’s stock worth $756,000 after acquiring an additional 816 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

About British American Tobacco

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.