British American Tobacco p.l.c. $BTI Shares Acquired by Wealth High Governance Asset Management Ltda.

Wealth High Governance Asset Management Ltda. raised its position in British American Tobacco p.l.c. (NYSE:BTIFree Report) by 103.0% during the first quarter, Holdings Channel reports. The firm owned 89,542 shares of the company’s stock after buying an additional 45,438 shares during the quarter. British American Tobacco comprises 1.8% of Wealth High Governance Asset Management Ltda.’s portfolio, making the stock its 26th largest holding. Wealth High Governance Asset Management Ltda.’s holdings in British American Tobacco were worth $5,236,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC lifted its position in shares of British American Tobacco by 35.2% during the first quarter. AQR Capital Management LLC now owns 27,914 shares of the company’s stock worth $1,155,000 after purchasing an additional 7,270 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of British American Tobacco by 42.5% in the second quarter. Sivia Capital Partners LLC now owns 8,455 shares of the company’s stock valued at $400,000 after purchasing an additional 2,521 shares in the last quarter. Rhumbline Advisers increased its stake in British American Tobacco by 10.2% during the 2nd quarter. Rhumbline Advisers now owns 6,017 shares of the company’s stock worth $285,000 after buying an additional 559 shares during the period. Baird Financial Group Inc. lifted its holdings in British American Tobacco by 58.6% during the 2nd quarter. Baird Financial Group Inc. now owns 14,853 shares of the company’s stock worth $703,000 after buying an additional 5,486 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in British American Tobacco by 5.4% during the 2nd quarter. Brown Advisory Inc. now owns 15,967 shares of the company’s stock worth $756,000 after buying an additional 816 shares in the last quarter. 16.16% of the stock is currently owned by hedge funds and other institutional investors.

British American Tobacco Price Performance

Shares of NYSE BTI opened at $60.71 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.84 and a quick ratio of 0.50. British American Tobacco p.l.c. has a 52-week low of $49.88 and a 52-week high of $67.30. The business has a 50-day moving average price of $61.19 and a 200 day moving average price of $60.27.

British American Tobacco News Summary

Here are the key news stories impacting British American Tobacco this week:

  • Positive Sentiment: British American Tobacco reported progress in its next-generation nicotine business during the first half of 2026. New categories contributed more revenue, growth accelerated, margins improved, and the vaping division returned to growth after a two-year downturn. These developments support the company’s long-term transition away from traditional tobacco and may justify a valuation premium. British American Tobacco: The Right Kind Of Growth
  • Positive Sentiment: Analyst commentary highlighted British American Tobacco among consumer-goods companies under review, potentially drawing attention to its recurring cash flow, dividend appeal and smoke-free growth strategy. Analysts Offer Insights on Consumer Goods Companies
  • Neutral Sentiment: The company’s second-quarter earnings call and presentation provided additional detail on results and management’s smoke-free transition, but the immediate share-price impact depends on how investors interpret the outlook and execution risks. BTI Q2 2026 Earnings Call Transcript
  • Negative Sentiment: British American Tobacco’s updated fiscal 2026 outlook trails analyst expectations: EPS guidance of 4.725 is below the 4.810 consensus, while revenue guidance of $33.7 billion is below the $35.0 billion estimate. The reduced outlook is likely the main reason investors have pressured the stock.
  • Negative Sentiment: Reported quarterly EPS of $1.11 and revenue of $8.10 billion were substantially below consensus estimates of $2.21 and $16.42 billion, respectively. Although the magnitude may reflect reporting or accounting differences, the headline miss creates near-term confidence concerns. British American Tobacco Earnings Results

Analysts Set New Price Targets

Several analysts have recently issued reports on BTI shares. Citigroup reiterated a “buy” rating on shares of British American Tobacco in a research note on Thursday, May 14th. BTIG Research started coverage on British American Tobacco in a report on Tuesday, July 21st. They set a “buy” rating on the stock. Weiss Ratings upgraded British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, June 3rd. Wall Street Zen raised British American Tobacco from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of British American Tobacco in a report on Monday, June 8th. Seven research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.00.

Read Our Latest Analysis on BTI

British American Tobacco Company Profile

(Free Report)

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.

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Institutional Ownership by Quarter for British American Tobacco (NYSE:BTI)

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