Landscape Capital Management L.L.C. Makes New $17.46 Million Investment in Altria Group, Inc. $MO

Landscape Capital Management L.L.C. purchased a new position in shares of Altria Group, Inc. (NYSE:MO) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 242,681 shares of the company’s stock, valued at approximately $17,461,000. Altria Group comprises 1.1% of Landscape Capital Management L.L.C.’s portfolio, making the stock its 5th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Altria Group in the second quarter valued at $26,000. Darwin Wealth Management LLC acquired a new stake in shares of Altria Group during the second quarter worth about $27,000. Navalign LLC acquired a new position in Altria Group in the 4th quarter valued at $28,000. Miller Capital Partners Inc. acquired a new stake in Altria Group in the fourth quarter valued at about $29,000. Finally, Hughes Financial Services LLC lifted its holdings in shares of Altria Group by 62.9% in the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after buying an additional 197 shares during the period. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MO has been the topic of several research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $77.00 target price on shares of Altria Group in a report on Thursday, April 30th. Citigroup lifted their price objective on Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Morgan Stanley set a $71.00 price target on shares of Altria Group in a research note on Friday, May 1st. BTIG Research assumed coverage on shares of Altria Group in a research report on Tuesday, July 21st. They set a “neutral” rating for the company. Finally, Barclays decreased their target price on 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 analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Altria Group has an average rating of “Hold” and a consensus target price of $70.11.

Altria Group Trading Down 0.3%

Shares of Altria Group stock opened at $65.87 on Monday. Altria Group, Inc. has a 52 week low of $54.70 and a 52 week high of $77.06. The stock has a market cap of $109.99 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 2.34 and a beta of 0.46. The company’s 50-day moving average price is $70.20 and its two-hundred day moving average price is $68.86.

Altria Group (NYSE:MO) last released its earnings results 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). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The business 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 company earned $1.44 EPS. Altria Group’s revenue for the quarter was up 1.2% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities analysts predict that Altria Group, Inc. will post 5.67 EPS for the current fiscal year.

Insider Buying and Selling at Altria Group

In other Altria Group 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 transaction of $418,327.50. Following the completion of the sale, the director directly owned 73,809 shares in the company, valued at $5,332,700.25. This represents a 7.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of Altria Group stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total value of $145,120.00. Following the completion of the transaction, the director directly owned 25,102 shares in the company, valued at approximately $1,821,401.12. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

About Altria Group

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.