MGO One Seven LLC Purchases 11,882 Shares of Altria Group, Inc. $MO

MGO One Seven LLC lifted its position in shares of Altria Group, Inc. (NYSE:MO) by 18.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,034 shares of the company’s stock after purchasing an additional 11,882 shares during the period. MGO One Seven LLC’s holdings in Altria Group were worth $5,463,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MO. Convergence Investment Partners LLC grew its stake in shares of Altria Group by 38.0% in the second quarter. Convergence Investment Partners LLC now owns 99,877 shares of the company’s stock worth $7,186,000 after purchasing an additional 27,502 shares during the last quarter. Diversified Enterprises LLC raised its position in Altria Group by 1.4% during the 2nd quarter. Diversified Enterprises LLC now owns 14,487 shares of the company’s stock valued at $1,042,000 after purchasing an additional 201 shares during the last quarter. Zions Bancorporation National Association UT raised its position in Altria Group by 35.4% during the 2nd quarter. Zions Bancorporation National Association UT now owns 52,972 shares of the company’s stock valued at $3,811,000 after purchasing an additional 13,841 shares during the last quarter. New Republic Capital LLC purchased a new stake in Altria Group in the 2nd quarter worth approximately $231,000. Finally, Calamos Wealth Management LLC grew its position in shares of Altria Group by 1.4% in the 2nd quarter. Calamos Wealth Management LLC now owns 14,272 shares of the company’s stock worth $1,027,000 after buying an additional 200 shares during the last quarter. 57.41% of the stock is owned by institutional investors.

Insider Buying and Selling at Altria Group

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total value of $418,327.50. Following the sale, the director directly owned 73,809 shares of the company’s stock, valued at $5,332,700.25. This represents a 7.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.10% of the company’s stock.

Altria Group Stock Performance

MO stock opened at $65.72 on Monday. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06. The company has a market capitalization of $109.74 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 2.33 and a beta of 0.46. The business’s 50 day moving average price is $70.83 and its two-hundred day moving average price is $68.73.

Altria Group (NYSE:MO) last released its earnings results on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The firm had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same quarter in the previous year, the business earned $1.44 EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. Sell-side analysts forecast that Altria Group, Inc. will post 5.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MO shares. Weiss Ratings restated a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Citigroup lifted their price target on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Stifel Nicolaus boosted their price objective on shares of Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, May 1st. BTIG Research initiated coverage on shares of Altria Group in a report on Tuesday, July 21st. They issued a “neutral” rating for the company. Finally, Barclays dropped their target price on shares of Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research report on Tuesday, August 11th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $70.11.

Altria Group 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.