Sigma Planning Corp Purchases 9,969 Shares of Altria Group, Inc. $MO

Sigma Planning Corp boosted its position in Altria Group, Inc. (NYSE:MO) by 14.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 78,957 shares of the company’s stock after buying an additional 9,969 shares during the quarter. Sigma Planning Corp’s holdings in Altria Group were worth $5,682,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of MO. Comprehensive Financial Planning Inc. PA bought a new position in shares of Altria Group during the 2nd quarter worth approximately $26,000. Darwin Wealth Management LLC bought a new stake in shares of Altria Group in the second quarter worth $27,000. Navalign LLC bought a new stake in shares of Altria Group in the fourth quarter worth $28,000. Hughes Financial Services LLC boosted its holdings in Altria Group by 62.9% during the fourth quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock worth $29,000 after purchasing an additional 197 shares during the last quarter. Finally, Miller Capital Partners Inc. acquired a new position in Altria Group during the fourth quarter worth $29,000. Institutional investors own 57.41% of the company’s stock.

Altria Group Trading Up 0.0%

NYSE MO opened at $68.68 on Monday. The company has a market cap of $114.68 billion, a PE ratio of 14.49, a PEG ratio of 2.43 and a beta of 0.46. Altria Group, Inc. has a 12 month low of $54.70 and a 12 month high of $77.06. The stock has a 50 day moving average of $70.10 and a 200-day moving average of $68.98.

Altria Group (NYSE:MO) last released its earnings results on Thursday, July 30th. The company reported $1.48 earnings per share 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 firm had revenue of $5.36 billion during the quarter, compared to the consensus estimate of $5.35 billion. During the same period in the prior year, the business posted $1.44 earnings per share. Altria Group’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. As a group, sell-side analysts predict that Altria Group, Inc. will post 5.67 EPS for the current fiscal year.

Altria Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Tuesday, September 15th will be given a $1.11 dividend. This is a boost from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $4.44 dividend on an annualized basis and a dividend yield of 6.5%. Altria Group’s payout ratio is 93.67%.

Key Altria Group News

Here are the key news stories impacting Altria Group this week:

• Positive Sentiment: Altria raised its quarterly dividend 4.7% to $1.11 per share, payable October 9 to shareholders of record September 15. The increase reinforces Altria’s reputation as a high-yield income stock, with an annualized yield of approximately 6.5%, and may be supporting investor demand. Altria Increases Quarterly Dividend to $1.11 Per Share
• Positive Sentiment: The election of Steve Presley to Altria’s board adds a director with extensive consumer-products and business leadership experience. While not an immediate earnings catalyst, the appointment could support oversight and long-term strategic execution. Altria Announces Election of Steve Presley to Altria’s Board of Directors
• Neutral Sentiment: Analyst commentary continues to focus on Altria’s valuation, dividend durability and efforts to expand beyond traditional cigarettes. The stock’s roughly 95% five-year gain highlights its strong performance, but also raises questions about how much future growth is already reflected in the price. Altria Stock Looks Reasonably Priced
• Negative Sentiment: The FDA authorized three new JUUL2 e-cigarette products, including flavored pods. The decision validates the regulated nicotine-vapor category but may intensify competition for Altria’s NJOY business and other reduced-risk products, potentially limiting market-share gains. FDA Allows Marketing of Juul’s New E-Cigarettes and Flavored Pods

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MO. BTIG Research initiated coverage on shares of Altria Group in a research report on Tuesday, July 21st. They issued a “neutral” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a research report on Tuesday, July 14th. Barclays reduced their price objective on shares of Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research note on Tuesday, August 11th. Jefferies Financial Group raised their price objective on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a report on Wednesday, May 27th. Finally, UBS Group lifted their target price 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 equities 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. According to MarketBeat, Altria Group has a consensus rating of “Hold” and an average price target of $70.11.

About Altria Group

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.