69,193 Shares in Altria Group, Inc. $MO Purchased by Capital Square LLC

Capital Square LLC bought a new position in Altria Group, Inc. (NYSE:MO) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 69,193 shares of the company’s stock, valued at approximately $4,967,000. Altria Group comprises about 2.2% of Capital Square LLC’s holdings, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of MO. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Altria Group in the second quarter worth approximately $26,000. Darwin Wealth Management LLC bought a new position in Altria Group during the second quarter valued at approximately $27,000. Navalign LLC purchased a new stake in Altria Group in the fourth quarter worth approximately $28,000. Miller Capital Partners Inc. purchased a new stake in Altria Group in the fourth quarter worth approximately $29,000. Finally, Hughes Financial Services LLC boosted its holdings in Altria Group by 62.9% in the fourth quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock worth $29,000 after purchasing an additional 197 shares during the last quarter. Institutional investors own 57.41% of the company’s stock.

Altria Group Trading Up 3.6%

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

Altria Group (NYSE:MO) last issued its quarterly earnings data 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 business had revenue of $5.36 billion for the quarter, compared to the consensus estimate of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. Equities analysts forecast that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Citigroup raised their price target on Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Altria Group in a research report on Tuesday, July 14th. Wall Street Zen downgraded Altria Group from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Finally, Morgan Stanley set a $71.00 target price on Altria Group in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average 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.