31,436 Shares in Altria Group, Inc. $MO Bought by Paradigm Capital Management LLC NV

Paradigm Capital Management LLC NV acquired a new stake in Altria Group, Inc. (NYSE:MO) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 31,436 shares of the company’s stock, valued at approximately $2,262,000. Altria Group accounts for 1.9% of Paradigm Capital Management LLC NV’s investment portfolio, making the stock its 13th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. GQG Partners LLC bought a new stake in shares of Altria Group during the second quarter valued at approximately $1,806,782,000. Charles Schwab Investment Management Inc. lifted its position in shares of Altria Group by 10.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company’s stock valued at $3,777,931,000 after purchasing an additional 6,265,780 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Altria Group by 3,691.2% in the second quarter. Assenagon Asset Management S.A. now owns 3,606,561 shares of the company’s stock valued at $259,492,000 after acquiring an additional 3,511,430 shares in the last quarter. Marshall Wace LLP grew its stake in Altria Group by 286.7% in the 3rd quarter. Marshall Wace LLP now owns 4,479,699 shares of the company’s stock valued at $295,929,000 after purchasing an additional 3,321,262 shares during the period. Finally, Cullen Capital Management LLC bought a new position in Altria Group during the second quarter valued at about $166,345,000. Institutional investors own 57.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Altria Group from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a research report on Tuesday, July 14th. Jefferies Financial Group upped their price objective on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. BTIG Research began coverage on Altria Group in a report on Tuesday, July 21st. They set a “neutral” rating for the company. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Altria Group from $60.00 to $66.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Altria Group presently has an average rating of “Hold” and an average price target of $70.11.

Altria Group Stock Down 0.6%

MO stock opened at $68.08 on Wednesday. The stock has a 50-day simple moving average of $70.14 and a two-hundred day simple moving average of $68.91. The firm has a market capitalization of $113.68 billion, a PE ratio of 14.36, a PEG 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.

Altria Group (NYSE:MO) last posted its 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 during the quarter, compared to analysts’ expectations of $5.35 billion. Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.44 earnings per share. 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 5.67 EPS for the current fiscal 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.