Janus Henderson Group PLC Has $5.01 Million Stock Holdings in Altria Group, Inc. $MO

Janus Henderson Group PLC reduced its stake in shares of Altria Group, Inc. (NYSE:MO) by 53.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 76,002 shares of the company’s stock after selling 88,703 shares during the period. Janus Henderson Group PLC’s holdings in Altria Group were worth $5,015,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Cornerstone Planning Group LLC raised its holdings in shares of Altria Group by 5.8% during the first quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company’s stock worth $191,000 after acquiring an additional 143 shares during the period. Johnson & White Wealth Management LLC boosted its stake in Altria Group by 1.2% in the 4th quarter. Johnson & White Wealth Management LLC now owns 12,704 shares of the company’s stock worth $733,000 after purchasing an additional 154 shares during the period. Kanawha Capital Management LLC increased its holdings in Altria Group by 0.8% during the 4th quarter. Kanawha Capital Management LLC now owns 19,546 shares of the company’s stock worth $1,127,000 after purchasing an additional 160 shares in the last quarter. Strategic Advisors LLC increased its holdings in Altria Group by 2.0% during the 4th quarter. Strategic Advisors LLC now owns 8,243 shares of the company’s stock worth $475,000 after purchasing an additional 160 shares in the last quarter. Finally, Patten Group Inc. raised its stake in shares of Altria Group by 4.0% in the 1st quarter. Patten Group Inc. now owns 4,165 shares of the company’s stock valued at $275,000 after purchasing an additional 160 shares during the period. Institutional investors own 57.41% of the company’s stock.

Insider Activity

In other Altria Group news, Director Ellen R. Strahlman sold 2,000 shares of the business’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 of the company’s stock, valued at $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were 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. The trade was a 7.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. UBS Group boosted their price target on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Barclays lifted their target price on Altria Group from $63.00 to $64.00 and gave the company an “underweight” rating in a research report on Friday, May 15th. Wall Street Zen cut Altria Group from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Morgan Stanley set a $71.00 price target on Altria Group in a research report on Friday, May 1st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $77.00 price target on shares of Altria Group in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $70.78.

Altria Group Stock Down 1.2%

MO stock opened at $67.64 on Friday. The company has a market cap of $112.94 billion, a price-to-earnings ratio of 14.27, a P/E/G ratio of 2.43 and a beta of 0.46. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $77.06. The business has a 50 day moving average price of $71.36 and a two-hundred day moving average price of $68.57.

Altria Group (NYSE:MO) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing the consensus estimate 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 company had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.35 billion. During the same period in the previous year, the company posted $1.44 EPS. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities research analysts anticipate that Altria Group, Inc. will post 5.68 EPS for the current fiscal year.

Altria Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were given a $1.06 dividend. This represents a $4.24 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Monday, June 15th. Altria Group’s dividend payout ratio (DPR) is 89.45%.

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.