Altria Group, Inc. $MO Shares Purchased by Three Seasons Wealth LLC

Three Seasons Wealth LLC boosted its position in shares of Altria Group, Inc. (NYSE:MO) by 54.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,181 shares of the company’s stock after acquiring an additional 7,437 shares during the quarter. Three Seasons Wealth LLC’s holdings in Altria Group were worth $1,420,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Viking Fund Management LLC lifted its stake in Altria Group by 14.1% in the fourth quarter. Viking Fund Management LLC now owns 202,000 shares of the company’s stock worth $11,647,000 after acquiring an additional 25,000 shares during the last quarter. Illinois Municipal Retirement Fund grew its holdings in Altria Group by 7.1% during the 4th quarter. Illinois Municipal Retirement Fund now owns 668,243 shares of the company’s stock worth $38,531,000 after acquiring an additional 44,267 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Altria Group by 438.6% in the 4th quarter. SG Americas Securities LLC now owns 3,637,678 shares of the company’s stock valued at $209,749,000 after purchasing an additional 2,962,270 shares during the last quarter. Rayburn West Financial Services LLC purchased a new stake in shares of Altria Group in the 4th quarter valued at approximately $2,438,000. Finally, North Dakota State Investment Board acquired a new stake in shares of Altria Group in the 4th quarter valued at $3,336,000. 57.41% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Ennis Debra J. Kelly sold 5,790 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the sale, the director directly owned 73,809 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. Also, Director Ellen R. Strahlman sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the transaction, the director owned 25,102 shares in the company, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by insiders.

Altria Group Price Performance

Shares of MO opened at $70.44 on Thursday. Altria Group, Inc. has a 1-year low of $54.70 and a 1-year high of $74.56. The stock has a market cap of $117.63 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 2.53 and a beta of 0.45. The firm has a fifty day moving average price of $71.52 and a 200 day moving average price of $67.05.

Altria Group (NYSE:MO) last posted its earnings results on Thursday, April 30th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.The business had revenue of $4.76 billion for the quarter, compared to analysts’ expectations of $4.58 billion. During the same quarter in the previous year, the firm earned $1.23 earnings per share. The business’s revenue was up 5.3% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. As a group, equities analysts expect that Altria Group, Inc. will post 5.7 EPS for the current fiscal year.

Altria Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were paid a $1.06 dividend. The ex-dividend date was Monday, June 15th. This represents a $4.24 dividend on an annualized basis and a yield of 6.0%. Altria Group’s payout ratio is currently 88.70%.

Analyst Ratings Changes

MO has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Stifel Nicolaus lifted their price target on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Citigroup upped their price objective on Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Barclays increased their price objective on Altria Group from $63.00 to $64.00 and gave the company an “underweight” rating in a report on Friday, May 15th. Finally, Jefferies Financial Group raised their target price on Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 27th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $70.78.

Altria Group Company 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.