9,084 Shares in Altria Group, Inc. $MO Purchased by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC bought a new position in Altria Group, Inc. (NYSE:MO) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,084 shares of the company’s stock, valued at approximately $612,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Procyon Advisors LLC boosted its position in shares of Altria Group by 59.3% during the 1st quarter. Procyon Advisors LLC now owns 38,926 shares of the company’s stock valued at $2,569,000 after acquiring an additional 14,490 shares in the last quarter. Stephens Inc. AR increased its stake in Altria Group by 8.6% in the first quarter. Stephens Inc. AR now owns 266,504 shares of the company’s stock valued at $17,696,000 after acquiring an additional 21,124 shares during the period. Callan Family Office LLC acquired a new position in Altria Group in the second quarter worth about $2,911,000. Janney Montgomery Scott LLC raised its position in Altria Group by 26.9% in the second quarter. Janney Montgomery Scott LLC now owns 1,164,691 shares of the company’s stock worth $83,800,000 after purchasing an additional 246,702 shares in the last quarter. Finally, Waverly Advisors LLC raised its position in Altria Group by 21.6% in the first quarter. Waverly Advisors LLC now owns 95,137 shares of the company’s stock worth $6,278,000 after purchasing an additional 16,877 shares in the last quarter. 57.41% of the stock is owned by institutional investors.

Insider Buying and Selling at Altria Group

In other Altria Group news, Director Kathryn McQuade bought 1,500 shares of the stock in a transaction dated Wednesday, September 9th. The stock was bought at an average cost of $67.62 per share, for a total transaction of $101,430.00. Following the completion of the purchase, the director owned 114,929 shares in the company, valued at $7,771,498.98. This represents a 1.32% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Altria Group

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

• Positive Sentiment: UBS maintained a $79 price target for Altria, implying additional potential upside from recent levels and signaling continued confidence in the tobacco company’s outlook. UBS reiterates USD 79.00 target for Altria Group stock
• Positive Sentiment: Several investor-focused reports highlighted Altria’s appeal as an income stock. Its cigarette and nicotine-pouch businesses generate cash to support the dividend, which contributed meaningfully to shareholder returns over the past year. Other coverage described MO as potentially undervalued based on cash flow and attractive for retirement-income portfolios, despite the stock’s longer-term lag versus the S&P 500. Do Altria’s Dividends Make Up For A Lagging Stock?
• Positive Sentiment: Altria was included among high-yield consumer-staples and dividend stocks viewed as capable of generating reliable income, helping reinforce demand from yield-oriented investors. Generate $50,000 in Passive Income With the 5 Highest Yielding S&P 500 Stocks
• Neutral Sentiment: Bernstein retained a Hold rating, indicating neither a clear bullish nor bearish change in its view. Bernstein Keeps Their Hold Rating on Altria
• Neutral Sentiment: Altria will host a webcast covering its 2026 third-quarter and nine-month results. The event could become the next significant catalyst, particularly for updates on cigarette volumes, smoke-free products, earnings guidance and dividend capacity. Altria to Host Webcast of 2026 Third-Quarter and Nine-Months Results
• Negative Sentiment: Exchange-traded funds were reported as net sellers of MO, creating near-term technical pressure. Separately, MarketWatch noted that Altria’s gain lagged those of competitors, limiting its relative strength. ETFs Are Net Sellers of Altria

Altria Group Trading Up 1.7%

NYSE:MO opened at $75.13 on Friday. The stock has a market capitalization of $125.44 billion, a P/E ratio of 15.85, a price-to-earnings-growth ratio of 2.67 and a beta of 0.42. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $77.06. The firm has a 50 day moving average of $68.63 and a 200-day moving average of $69.62.

Altria Group (NYSE:MO) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share 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 for the quarter, compared to analyst estimates of $5.35 billion. During the same period in the prior year, the business earned $1.44 earnings per share. The company’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. As a group, analysts forecast that Altria Group, Inc. will post 5.67 EPS for the current fiscal year.

Altria Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Tuesday, September 15th were issued a dividend of $1.11 per share. The ex-dividend date was Tuesday, September 15th. This is a boost from Altria Group’s previous quarterly dividend of $1.06. This represents a $4.44 annualized dividend and a dividend yield of 5.9%. Altria Group’s dividend payout ratio (DPR) is currently 93.67%.

Wall Street Analyst Weigh In

A number of research analysts have commented on MO shares. UBS Group raised their price target on shares of Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. BTIG Research started coverage on Altria Group in a research note on Tuesday, July 21st. They issued a “neutral” rating on the stock. Barclays dropped their target price on Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a report on Tuesday, August 11th. Wall Street Zen downgraded Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a research note on Monday, October 12th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $70.11.

About Altria Group

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.