Van Hulzen Asset Management LLC Invests $913,000 in Altria Group, Inc. $MO

Van Hulzen Asset Management LLC bought a new stake in shares of Altria Group, Inc. (NYSE:MO) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 12,689 shares of the company’s stock, valued at approximately $913,000.

A number of other large investors have also recently made changes to their positions in MO. Comprehensive Financial Planning Inc. PA bought a new position in shares of Altria Group in the second quarter valued at approximately $26,000. Darwin Wealth Management LLC purchased a new position in Altria Group in the 2nd quarter valued at approximately $27,000. Navalign LLC bought a new position in shares of Altria Group in the fourth quarter valued at approximately $28,000. Hughes Financial Services LLC boosted its stake in Altria Group by 62.9% during the fourth quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after buying an additional 197 shares during the period. Finally, Miller Capital Partners Inc. bought a new position in shares of Altria Group in the 4th quarter worth $29,000. 57.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MO has been the topic of several recent research reports. UBS Group increased their target price on shares of Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Jefferies Financial Group raised their target price on shares of Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Barclays decreased their price objective on shares of Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a report on Tuesday, August 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Finally, Wall Street Zen downgraded Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $70.11.

Altria Group Stock Down 0.6%

Shares of MO opened at $68.08 on Wednesday. Altria Group, Inc. has a 52-week low of $54.70 and a 52-week high of $77.06. The company has a market cap of $113.68 billion, a PE ratio of 14.36, a P/E/G ratio of 2.43 and a beta of 0.46. The business has a fifty day moving average of $70.14 and a 200 day moving average of $68.91.

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