Mitsubishi UFJ Trust & Banking Corp trimmed its position in Altria Group, Inc. (NYSE:MO – Free Report) by 4.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 758,804 shares of the company’s stock after selling 31,959 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Altria Group were worth $50,127,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Altria Group during the second quarter worth approximately $27,000. Country Trust Bank increased its stake in Altria Group by 400.0% during the 2nd quarter. Country Trust Bank now owns 500 shares of the company’s stock valued at $29,000 after purchasing an additional 400 shares in the last quarter. Anfield Capital Management LLC raised its holdings in Altria Group by 334.7% during the second quarter. Anfield Capital Management LLC now owns 539 shares of the company’s stock worth $32,000 after buying an additional 415 shares during the last quarter. Winnow Wealth LLC bought a new position in shares of Altria Group in the second quarter valued at $35,000. Finally, WFA of San Diego LLC bought a new position in shares of Altria Group in the second quarter valued at $39,000. Institutional investors own 57.41% of the company’s stock.
Key Headlines Impacting Altria Group
Here are the key news stories impacting Altria Group this week:
- Positive Sentiment: Investors are chasing yield: coverage highlights a ~7% dividend and frames MO as an attractive income play, supporting buying interest in the stock. Altria Yield at 7%, and the Stock Is Rising
- Positive Sentiment: Short-term price momentum: recent reports note MO is outperforming the market and closing higher on the trading day, reinforcing positive technical/flow dynamics. Altria (MO) Surpasses Market Returns
- Positive Sentiment: Earnings backdrop supportive: previews suggest Wall Street expects earnings growth and the company may have the elements for an earnings beat, which can lift sentiment into the report. Altria (MO) Reports Next Week
- Neutral Sentiment: Dividend comparison pieces and analyst notes (e.g., vs. Coca‑Cola) keep the stock in income-focused conversations — helpful for steady demand but not a catalyst alone. Altria vs. Coca-Cola
- Neutral Sentiment: Multiple outlets flag MO as a trending/actively watched stock and publish valuation/income analyses—useful for context but mixed in directional impact. Altria Is a Trending Stock Assessing Altria Valuation
- Neutral Sentiment: Reminder: the company is scheduled to report earnings soon — date reminders and previews can increase trading volume and volatility around the release. Altria Expected to Announce Earnings
- Negative Sentiment: Fundamental caution: coverage warns that past missteps and year‑over‑year revenue declines could limit upside and justify the low price, tempering longer‑term conviction. Altria: Is This High-Yield Dividend Stock Too Cheap to Ignore?
Altria Group Price Performance
Altria Group (NYSE:MO – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.45 EPS for the quarter, beating the consensus estimate of $1.44 by $0.01. Altria Group had a net margin of 37.89% and a negative return on equity of 319.43%. The firm had revenue of $5.25 billion during the quarter, compared to analyst estimates of $5.31 billion. During the same quarter last year, the business posted $1.38 EPS. The company’s revenue for the quarter was down 3.0% on a year-over-year basis. Altria Group has set its FY 2025 guidance at 5.370-5.45 EPS. On average, equities research analysts expect that Altria Group, Inc. will post 5.32 earnings per share for the current year.
Altria Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Friday, December 26th were given a $1.06 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $4.24 annualized dividend and a yield of 6.8%. Altria Group’s payout ratio is currently 80.92%.
Altria Group announced that its board has approved a share buyback program on Thursday, October 30th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 1.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. Argus raised shares of Altria Group to a “hold” rating in a research report on Tuesday, January 13th. UBS Group upgraded Altria Group from a “neutral” rating to a “buy” rating and lifted their price target for the company from $61.00 to $63.00 in a research note on Friday, January 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group increased their price objective on Altria Group from $65.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $62.56.
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.
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