Radnor Capital Management LLC Has $2.55 Million Stock Holdings in Altria Group, Inc. $MO

Radnor Capital Management LLC increased its stake in shares of Altria Group, Inc. (NYSE:MO) by 68.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 44,196 shares of the company’s stock after buying an additional 18,000 shares during the period. Radnor Capital Management LLC’s holdings in Altria Group were worth $2,548,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MO. Marshall Wace LLP increased its stake in Altria Group by 286.7% in the third quarter. Marshall Wace LLP now owns 4,479,699 shares of the company’s stock valued at $295,929,000 after acquiring an additional 3,321,262 shares during the last quarter. Ameriprise Financial Inc. raised its position in Altria Group by 19.4% in the third quarter. Ameriprise Financial Inc. now owns 19,567,823 shares of the company’s stock valued at $1,285,575,000 after purchasing an additional 3,172,753 shares during the last quarter. SG Americas Securities LLC raised its holdings in Altria Group by 438.6% in the 4th quarter. SG Americas Securities LLC now owns 3,637,678 shares of the company’s stock valued at $209,749,000 after buying an additional 2,962,270 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Altria Group by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 160,980,626 shares of the company’s stock worth $9,282,143,000 after purchasing an additional 1,903,530 shares during the period. Finally, Freestone Grove Partners LP acquired a new stake in shares of Altria Group in the third quarter valued at about $89,460,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

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 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 sale, the senior vice president owned 180,869 shares in the company, valued at approximately $12,221,318.33. The trade was a 13.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.10% of the stock is owned by corporate insiders.

Altria Group Stock Up 0.8%

NYSE MO opened at $73.67 on Tuesday. The company has a market capitalization of $123.03 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 2.73 and a beta of 0.48. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $74.56. The stock’s 50-day simple moving average is $67.15 and its two-hundred day simple moving average is $63.11.

Altria Group (NYSE:MO) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.07. Altria Group had a negative return on equity of 298.69% and a net margin of 34.34%.The business had revenue of $4.76 billion for the quarter, compared to analyst estimates of $4.58 billion. During the same period last year, the company earned $1.23 EPS. Altria Group’s revenue for the quarter was up 5.3% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. On average, equities analysts expect that Altria Group, Inc. will post 5.68 earnings per share for the current fiscal year.

Altria Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Monday, June 15th will be given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Monday, June 15th. Altria Group’s payout ratio is presently 88.70%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on MO shares. Morgan Stanley set a $71.00 target price on Altria Group in a research note on Friday, May 1st. Citigroup raised their price target on shares of Altria Group from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Bank of America lifted their price objective on shares of Altria Group from $72.00 to $73.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Barclays raised their price objective on shares of Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Altria Group from $60.00 to $66.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Altria Group has an average rating of “Hold” and a consensus price target of $69.33.

Altria Group Company 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.