Mirae Asset Global Investments Co. Ltd. Purchases New Shares in Altria Group, Inc. $MO

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Altria Group, Inc. (NYSE:MO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,048,127 shares of the company’s stock, valued at approximately $137,921,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.12% of Altria Group as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Balance Wealth Partners LLC acquired a new stake in Altria Group during the 3rd quarter valued at approximately $25,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Altria Group during the 2nd quarter worth approximately $26,000. Cornerstone National Bank & Trust Co purchased a new stake in Altria Group during the 3rd quarter worth approximately $33,000. Physician Wealth Advisors Inc. raised its position in shares of Altria Group by 78.8% in the 1st quarter. Physician Wealth Advisors Inc. now owns 524 shares of the company’s stock valued at $35,000 after purchasing an additional 231 shares in the last quarter. Finally, Evolution Advisers Inc. raised its position in shares of Altria Group by 110.9% in the 2nd quarter. Evolution Advisers Inc. now owns 578 shares of the company’s stock valued at $41,000 after purchasing an additional 304 shares in the last quarter. Institutional investors and hedge funds own 57.41% of the company’s stock.

Insider Activity at Altria Group

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

Wall Street Analyst Weigh In

MO has been the subject of a number of research analyst reports. Freedom Broker upgraded shares of Altria Group to a “hold” rating in a research note on Wednesday, September 16th. Citigroup increased their price objective on shares of Altria Group from $70.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday. Barclays decreased their price objective on shares of Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a report on Tuesday, August 11th. BTIG Research started coverage on shares of Altria Group in a research report on Tuesday, July 21st. They issued a “neutral” rating for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a research report on Monday, October 12th. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Altria Group has a consensus rating of “Hold” and a consensus target price of $71.00.

Key Headlines Impacting Altria Group

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

Altria Group Stock Up 1.7%

Shares of NYSE MO opened at $78.03 on Friday. The stock has a market cap of $130.29 billion, a P/E ratio of 16.12, a P/E/G ratio of 2.76 and a beta of 0.42. The firm’s 50-day simple moving average is $70.45 and its 200 day simple moving average is $68.75. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $79.81.

Altria Group (NYSE:MO) last announced its earnings results on Thursday, October 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.51 by $0.01. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $5.31 billion. Altria Group had a net margin of 34.51% and a negative return on equity of 330.66%. Altria Group’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.45 EPS. On average, sell-side analysts anticipate that Altria Group, Inc. will post 5.69 earnings per share for the current fiscal 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 paid a dividend of $1.11 per share. This is a boost from Altria Group’s previous quarterly dividend of $1.06. This represents a $4.44 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date was Tuesday, September 15th. Altria Group’s dividend payout ratio (DPR) is 91.74%.

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.