Altria Group, Inc. $MO Shares Acquired by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan lifted its stake in shares of Altria Group, Inc. (NYSE:MO) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 223,488 shares of the company’s stock after acquiring an additional 8,431 shares during the period. Nissay Asset Management Corp Japan’s holdings in Altria Group were worth $16,080,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MO. BlackRock Inc. boosted its holdings in Altria Group by 1.1% in the 2nd quarter. BlackRock Inc. now owns 126,073,166 shares of the company’s stock valued at $9,070,964,000 after purchasing an additional 1,325,175 shares during the last quarter. State Street Corp grew its stake in shares of Altria Group by 1.6% in the 4th quarter. State Street Corp now owns 72,830,531 shares of the company’s stock valued at $4,275,886,000 after buying an additional 1,147,141 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Altria Group by 10.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company’s stock worth $3,777,931,000 after buying an additional 6,265,780 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Altria Group by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 45,984,718 shares of the company’s stock worth $2,651,383,000 after buying an additional 729,999 shares during the last quarter. Finally, GQG Partners LLC purchased a new stake in shares of Altria Group during the 2nd quarter valued at approximately $1,806,782,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Price Performance

Shares of MO opened at $68.68 on Friday. The firm has a 50-day simple moving average of $70.10 and a two-hundred day simple moving average of $68.95. The stock has a market cap of $114.68 billion, a PE ratio of 14.49, a P/E/G ratio of 2.43 and a beta of 0.46. Altria Group, Inc. has a 1-year low of $54.70 and a 1-year high of $77.06.

Altria Group (NYSE:MO) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.02). The company had revenue of $5.36 billion during 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 business’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.44 earnings per share. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, sell-side analysts expect that Altria Group, Inc. will post 5.67 earnings per share for the current fiscal year.

Altria Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.11 per share. This represents a $4.44 dividend on an annualized basis and a yield of 6.5%. This is a positive change from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date is Tuesday, September 15th. Altria Group’s payout ratio is currently 89.45%.

Trending Headlines about Altria Group

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

• Positive Sentiment: Altria raised its quarterly dividend 4.7% to $1.11 per share, payable October 9 to shareholders of record September 15. The increase reinforces Altria’s reputation as a high-yield income stock, with an annualized yield of approximately 6.5%, and may be supporting investor demand. Altria Increases Quarterly Dividend to $1.11 Per Share
• Positive Sentiment: The election of Steve Presley to Altria’s board adds a director with extensive consumer-products and business leadership experience. While not an immediate earnings catalyst, the appointment could support oversight and long-term strategic execution. Altria Announces Election of Steve Presley to Altria’s Board of Directors
• Neutral Sentiment: Analyst commentary continues to focus on Altria’s valuation, dividend durability and efforts to expand beyond traditional cigarettes. The stock’s roughly 95% five-year gain highlights its strong performance, but also raises questions about how much future growth is already reflected in the price. Altria Stock Looks Reasonably Priced
• Negative Sentiment: The FDA authorized three new JUUL2 e-cigarette products, including flavored pods. The decision validates the regulated nicotine-vapor category but may intensify competition for Altria’s NJOY business and other reduced-risk products, potentially limiting market-share gains. FDA Allows Marketing of Juul’s New E-Cigarettes and Flavored Pods

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wall Street Zen cut Altria Group from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Barclays cut their target price on Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research note on Tuesday, August 11th. Weiss Ratings restated a “buy (b)” rating on shares of Altria Group in a research report on Tuesday, July 14th. BTIG Research started coverage on Altria Group in a research note on Tuesday, July 21st. They issued a “neutral” rating on the stock. Finally, Jefferies Financial Group upped their price target on Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Wednesday, May 27th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $70.11.

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.