Altria Group, Inc. $MO Stock Purchased by Milestone Asset Management LLC

Milestone Asset Management LLC lifted its stake in Altria Group, Inc. (NYSE:MO) by 169.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 159,594 shares of the company’s stock after purchasing an additional 100,342 shares during the period. Altria Group makes up about 1.7% of Milestone Asset Management LLC’s investment portfolio, making the stock its 12th biggest position. Milestone Asset Management LLC’s holdings in Altria Group were worth $10,747,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Procyon Advisors LLC boosted its stake in shares of Altria Group by 59.3% in the first quarter. Procyon Advisors LLC now owns 38,926 shares of the company’s stock valued at $2,569,000 after buying an additional 14,490 shares in the last quarter. Stephens Inc. AR boosted its position in shares of Altria Group by 8.6% during the 1st quarter. Stephens Inc. AR now owns 266,504 shares of the company’s stock worth $17,696,000 after purchasing an additional 21,124 shares in the last quarter. Callan Family Office LLC purchased a new stake in shares of Altria Group during the 2nd quarter worth $2,911,000. Janney Montgomery Scott LLC grew its stake in shares of Altria Group by 26.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,164,691 shares of the company’s stock worth $83,800,000 after purchasing an additional 246,702 shares during the period. Finally, Waverly Advisors LLC increased its holdings in shares of Altria Group by 21.6% in the 1st quarter. Waverly Advisors LLC now owns 95,137 shares of the company’s stock valued at $6,278,000 after purchasing an additional 16,877 shares in the last quarter. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Altria Group News Roundup

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

• Positive Sentiment: Analysts and financial commentators highlighted Altria’s approximately 6%–7% dividend yield, backed by established brands, pricing power and cash generation. Dividend income has made a meaningful contribution to total shareholder returns. Better High-Yield Dividend Stock: Altria vs. Clorox
• Positive Sentiment: One valuation analysis argued that Altria could be significantly undervalued based on the cash flow it generates for shareholders, reinforcing the stock’s appeal to income and value investors. Altria Group Stock Could Be 50% Undervalued On Cash Flow
• Positive Sentiment: Altria was included among high-yield stocks viewed as having sufficient cash flow to support their payouts, while consumer-staples shares were described as benefiting from favorable earnings trends and defensive characteristics. These 4 High-Yield Dividend Stocks Have Something Yield Traps Don’t: Cash to Spare
• Neutral Sentiment: Altria will host a webcast covering its 2026 third-quarter and nine-month results, giving investors a near-term catalyst to assess cigarette volumes, pricing, smoke-free product growth and full-year guidance. Altria to Host Webcast of 2026 Third-Quarter and Nine-Months Results
• Negative Sentiment: Exchange-traded funds were reported as net sellers of Altria, creating potential short-term technical pressure despite the stock’s fundamental appeal. ETFs Are Net Sellers of Altria
• Negative Sentiment: Commentary continued to flag secular risks, including declining cigarette consumption and the need for smoke-free products to offset pressure on Altria’s mature tobacco business. Analysts are expecting only single-digit earnings growth ahead of the upcoming report. What You Need To Know Ahead of Altria Group’s Earnings Release

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. UBS Group boosted their price objective on shares of Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Freedom Broker upgraded shares of Altria Group to a “hold” rating in a research report on Wednesday, September 16th. Wall Street Zen downgraded shares of Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. BTIG Research assumed coverage on Altria Group in a research note on Tuesday, July 21st. They set a “neutral” rating on the stock. Finally, Barclays lowered their price target on Altria Group from $64.00 to $58.00 and set an “underweight” rating on the stock in a report on Tuesday, August 11th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $70.11.

Insiders Place Their Bets

In other Altria Group news, Director Kathryn McQuade bought 1,500 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was purchased at an average cost of $67.62 per share, for a total transaction of $101,430.00. Following the acquisition, the director owned 114,929 shares of the company’s stock, valued at $7,771,498.98. The trade was a 1.32% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

Altria Group Stock Performance

Altria Group stock opened at $73.81 on Friday. The firm has a market capitalization of $123.25 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 2.60 and a beta of 0.42. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06. The stock’s fifty day moving average is $68.50 and its two-hundred day moving average is $69.59.

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

Altria Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Tuesday, September 15th were issued a dividend of $1.11 per share. This is an increase from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date was Tuesday, September 15th. This represents a $4.44 annualized dividend and a yield of 6.0%. Altria Group’s payout ratio is 93.67%.

Altria Group Company Profile

Altria Group, Inc is a U.S.-based holding company focused primarily on tobacco and nicotine products. Through its operating companies, Altria manufactures and markets cigarettes, cigars, smokeless tobacco, oral nicotine products and electronic cigarettes. Its portfolio includes well-known brands such as Marlboro cigarettes, Copenhagen and Skoal smokeless tobacco, Black & Mild cigars, NJOY e-cigarettes and on! nicotine pouches.

Altria’s principal businesses include Philip Morris USA, the largest U.S.