Leonteq Securities AG Has $660,000 Stock Holdings in Altria Group, Inc. $MO

Leonteq Securities AG trimmed its position in shares of Altria Group, Inc. (NYSE:MO) by 53.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 10,005 shares of the company’s stock after selling 11,618 shares during the quarter. Leonteq Securities AG’s holdings in Altria Group were worth $660,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Altria Group by 64.7% during the 4th quarter. Brighton Jones LLC now owns 17,702 shares of the company’s stock worth $926,000 after purchasing an additional 6,954 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Altria Group by 86.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company’s stock valued at $373,000 after buying an additional 2,946 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in Altria Group by 6.9% in the second quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company’s stock worth $565,000 after buying an additional 618 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in Altria Group in the second quarter worth approximately $346,000. Finally, AXA S.A. bought a new position in Altria Group during the second quarter valued at approximately $5,752,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Stock Performance

Altria Group stock opened at $72.77 on Friday. The business’s 50-day simple moving average is $71.08 and its 200-day simple moving average is $66.27. The firm has a market capitalization of $121.51 billion, a PE ratio of 15.22, a PEG ratio of 2.72 and a beta of 0.45. Altria Group, Inc. has a 52 week low of $54.70 and a 52 week high of $74.56.

Altria Group (NYSE:MO) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.07. The business had revenue of $4.76 billion for the quarter, compared to the consensus estimate of $4.58 billion. Altria Group had a net margin of 34.34% and a negative return on equity of 298.69%. Altria Group’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company posted $1.23 earnings per share. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Research analysts forecast that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be paid a dividend of $1.06 per share. The ex-dividend date is Monday, June 15th. This represents a $4.24 dividend on an annualized basis and a yield of 5.8%. Altria Group’s payout ratio is currently 88.70%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on MO shares. Jefferies Financial Group lifted their target price on shares of Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Bank of America increased their price target on shares of Altria Group from $72.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Citigroup raised their price target on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, May 1st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $77.00 price objective on shares of Altria Group in a research note on Thursday, April 30th. Finally, Stifel Nicolaus upped their price objective on shares of Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $70.44.

Insiders Place Their Bets

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of the business’s stock in a transaction 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 sale, the director owned 73,809 shares of the company’s stock, valued at $5,332,700.25. The trade was a 7.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ellen R. Strahlman sold 2,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $72.56, for a total transaction of $145,120.00. Following the completion of the sale, the director owned 25,102 shares in the company, valued at $1,821,401.12. This represents a 7.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by insiders.

Altria Group 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.