Summit Place Financial Advisors LLC Makes New Investment in Altria Group, Inc. $MO

Summit Place Financial Advisors LLC acquired a new stake in shares of Altria Group, Inc. (NYSE:MO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,086 shares of the company’s stock, valued at approximately $814,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Altria Group by 1.1% during the second quarter. BlackRock Inc. now owns 126,073,166 shares of the company’s stock valued at $9,070,964,000 after purchasing an additional 1,325,175 shares during the last quarter. GQG Partners LLC purchased a new position in shares of Altria Group during the 2nd quarter valued at about $1,806,782,000. Bank of America Corp DE bought a new position in shares of Altria Group in the second quarter worth approximately $1,104,566,000. Bank of New York Mellon Corp raised its holdings in Altria Group by 1.0% during the first quarter. Bank of New York Mellon Corp now owns 12,929,142 shares of the company’s stock valued at $853,194,000 after acquiring an additional 133,676 shares during the period. Finally, Legal & General Group Plc bought a new stake in Altria Group during the 2nd quarter valued at approximately $631,606,000. 57.41% of the stock is currently owned by institutional investors.

More Altria Group News

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

• Positive Sentiment: Analysts expect Altria to benefit from favorable earnings comparisons and estimates, raising the possibility of an earnings beat in the upcoming report. A stronger-than-expected result could support the stock and reinforce fiscal 2026 EPS guidance of $5.61–$5.72. Altria (MO) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Altria extended its $3 billion senior unsecured revolving credit facility by one year to October 2030. The unchanged terms preserve a substantial liquidity backstop and provide flexibility for working capital, capital allocation and shareholder returns ahead of earnings. Earnings Beat Hopes Could Matter For Altria Stock
• Neutral Sentiment: Altria remains popular with income-focused investors because of its roughly 5.7% yield, repeated dividend increases and long-term total returns driven primarily by distributions rather than share-price appreciation. This may attract defensive investors, particularly when cash flows remain resilient. Altria’s Stock Has a Surprising 10-Year Return
• Negative Sentiment: Altria pays out approximately 89.3% of earnings as dividends. While the payout supports the stock’s income appeal, the limited earnings retained for reinvestment leaves less cushion if cigarette volumes decline, regulatory pressures increase or earnings weaken. Altria Pays Out 89.3% of Its Earnings as Dividends
• Negative Sentiment: Longer-term concerns remain over shrinking cigarette volumes, previous write-downs and Altria’s weaker position in smoke-free products. Those structural risks may be weighing on the shares even as investors await a potentially favorable quarterly update.

Altria Group Price Performance

Shares of NYSE MO opened at $74.38 on Monday. The firm has a 50-day simple moving average of $69.58 and a two-hundred day simple moving average of $69.95. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $77.06. The company has a market cap of $124.19 billion, a P/E ratio of 15.69, a PEG ratio of 2.64 and a beta of 0.42.

Altria Group (NYSE:MO) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.02). The business had revenue of $5.36 billion during 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 business’s revenue was up 1.2% compared to the same quarter last year. During the same period last year, the company earned $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, equities research analysts expect that Altria Group, Inc. will post 5.67 EPS for the current year.

Altria Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Tuesday, September 15th were issued a dividend of $1.11 per share. This represents a $4.44 annualized dividend and a yield of 6.0%. The ex-dividend date was Tuesday, September 15th. This is an increase from Altria Group’s previous quarterly dividend of $1.06. Altria Group’s dividend payout ratio (DPR) is 93.67%.

Wall Street Analyst Weigh In

Several research firms have recently commented on MO. Freedom Broker raised shares of Altria Group to a “hold” rating in a report on Wednesday, September 16th. Barclays reduced their price objective on Altria Group from $64.00 to $58.00 and set an “underweight” rating on the stock in a research note on Tuesday, August 11th. Weiss Ratings restated a “buy (b)” rating on shares of Altria Group in a report on Monday, October 12th. BTIG Research began coverage on Altria Group in a research report on Tuesday, July 21st. They set a “neutral” rating on the stock. Finally, UBS Group increased their price target on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $70.11.

Insider Buying and Selling at Altria Group

In other Altria Group news, Director Kathryn McQuade acquired 1,500 shares of the stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average cost of $67.62 per share, with a total value of $101,430.00. Following the completion of the purchase, the director directly owned 114,929 shares in the company, valued at $7,771,498.98. The trade was a 1.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is owned by insiders.

Altria Group Company 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.