Bcwm LLC Invests $6.30 Million in Altria Group, Inc. $MO

Bcwm LLC acquired a new stake in Altria Group, Inc. (NYSE:MO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 87,550 shares of the company’s stock, valued at approximately $6,299,000. Altria Group accounts for about 1.8% of Bcwm LLC’s investment portfolio, making the stock its 28th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. increased its stake in Altria Group by 1.1% during the 2nd quarter. BlackRock Inc. now owns 126,073,166 shares of the company’s stock worth $9,070,964,000 after buying an additional 1,325,175 shares during the period. State Street Corp boosted its position in Altria Group by 1.6% in the 4th quarter. State Street Corp now owns 72,830,531 shares of the company’s stock valued at $4,275,886,000 after buying an additional 1,147,141 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Altria Group by 10.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company’s stock valued at $3,777,931,000 after buying an additional 6,265,780 shares during the period. Geode Capital Management LLC grew its stake in shares of Altria Group by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 45,984,718 shares of the company’s stock worth $2,651,383,000 after acquiring an additional 729,999 shares in the last quarter. Finally, GQG Partners LLC acquired a new position in shares of Altria Group in the second quarter worth $1,806,782,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on MO. The Goldman Sachs Group reaffirmed a “buy” rating and set a $77.00 price objective on shares of Altria Group in a research report on Thursday, April 30th. Wall Street Zen cut Altria Group from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft upped their price target on Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Finally, UBS Group increased their price target on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Altria Group currently has an average rating of “Hold” and an average target price of $70.11.

Altria Group Trading Up 1.6%

Shares of MO stock opened at $69.13 on Thursday. The company has a market cap of $115.43 billion, a P/E ratio of 14.58, a PEG ratio of 2.41 and a beta of 0.46. The firm has a fifty day moving average price of $70.14 and a 200 day moving average price of $68.93. Altria Group, Inc. has a 12 month low of $54.70 and a 12 month high of $77.06.

Altria Group (NYSE:MO) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). The business had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities analysts forecast that Altria Group, Inc. will post 5.67 EPS for the current year.

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.