Altria Group (NYSE:MO) Price Target Raised to $77.00

Altria Group (NYSE:MO) had its price objective hoisted by analysts at Stifel Nicolaus from $68.00 to $77.00 in a note issued to investors on Friday, Marketbeat reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 5.52% from the company’s previous close.

Several other research firms have also commented on MO. Jefferies Financial Group boosted their price objective on shares of Altria Group from $47.00 to $50.00 and gave the stock an “underperform” rating in a research note on Wednesday, March 4th. Morgan Stanley set a $71.00 price objective on shares of Altria Group in a research note on Friday. Bank of America upped their target price 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 upped their target price on shares of Altria Group from $65.00 to $70.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Argus upgraded shares of Altria Group to a “hold” rating in a research note on Tuesday, January 13th. 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’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $69.38.

Altria Group Price Performance

NYSE:MO traded up $0.33 during mid-day trading on Friday, hitting $72.98. 932,880 shares of the company’s stock were exchanged, compared to its average volume of 9,922,467. Altria Group has a one year low of $54.70 and a one year high of $74.29. The business has a fifty day moving average price of $66.70 and a 200 day moving average price of $62.68. The company has a market cap of $121.96 billion, a PE ratio of 17.88, a P/E/G ratio of 2.73 and a beta of 0.41.

Altria Group (NYSE:MO) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.25 by $0.07. Altria Group had a net margin of 29.84% and a negative return on equity of 287.61%. The business had revenue of $4.76 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same quarter in the previous year, the firm posted $1.23 earnings per share. Altria Group’s quarterly revenue was up 5.3% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. On average, equities analysts forecast that Altria Group will post 5.61 EPS for the current fiscal year.

Insider Buying and Selling at Altria Group

In other news, SVP Charles N. Whitaker sold 27,908 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $67.57, for a total transaction of $1,885,743.56. Following the completion of the transaction, the senior vice president directly owned 180,869 shares of the company’s stock, valued at $12,221,318.33. The trade was a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Johnson & White Wealth Management LLC increased its stake in Altria Group by 1.2% in the fourth quarter. Johnson & White Wealth Management LLC now owns 12,704 shares of the company’s stock valued at $733,000 after purchasing an additional 154 shares during the period. Kercheville Advisors LLC increased its stake in Altria Group by 3.7% in the third quarter. Kercheville Advisors LLC now owns 4,397 shares of the company’s stock valued at $290,000 after purchasing an additional 156 shares during the period. Kanawha Capital Management LLC boosted its holdings in shares of Altria Group by 0.8% in the fourth quarter. Kanawha Capital Management LLC now owns 19,546 shares of the company’s stock valued at $1,127,000 after acquiring an additional 160 shares in the last quarter. Strategic Advisors LLC boosted its holdings in shares of Altria Group by 2.0% in the fourth quarter. Strategic Advisors LLC now owns 8,243 shares of the company’s stock valued at $475,000 after acquiring an additional 160 shares in the last quarter. Finally, Patten Group Inc. boosted its holdings in shares of Altria Group by 4.0% in the first quarter. Patten Group Inc. now owns 4,165 shares of the company’s stock valued at $275,000 after acquiring an additional 160 shares in the last quarter. 57.41% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Altria Group

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

• Positive Sentiment: Q1 beat: Altria reported $1.32 EPS (above consensus) and revenue ahead of estimates, driven by pricing and Marlboro momentum — a clear catalyst for the stock’s move. Altria beats quarterly profit estimates (Reuters)
• Positive Sentiment: Pricing power lifted sales: Higher cigarette prices offset lower volumes, boosting first‑quarter sales and margins — evidence Altria can pass through price increases to sustain revenue and cash flow. Altria Sales Rise, Boosted by Higher Cigarette Prices (WSJ)
• Positive Sentiment: Management kept FY2026 EPS guidance largely intact (adjusted diluted EPS $5.56–$5.72), providing visibility and supporting dividend reliability expectations. Altria projects 2026 adjusted diluted EPS of $5.56 to $5.72 (Seeking Alpha)
• Neutral Sentiment: Market commentary and earnings summaries highlight the beat and explain metrics — useful for investors but largely reiterative of results. Altria (MO) Q1 Earnings and Revenues Surpass Estimates (Yahoo Finance)
• Neutral Sentiment: Altria appears on dividend/blue‑chip and “dividend kings” roundups, which can attract income investors over time but don’t move near‑term fundamentals. 5 Quality Passive Income Blue-Chips That All Yield 5% and More Safely (247wallst)
• Negative Sentiment: Volume declines and competitive pressure in nicotine alternatives remain a risk; pricing has offset these so far, but sustained volume weakness or tougher competition could compress growth. MO stock eyes best week in six years; pricing offsets falling cigarette volumes (MSN)

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.