Oppenheimer Asset Management Inc. Sells 30,230 Shares of Altria Group, Inc. $MO

Oppenheimer Asset Management Inc. reduced its stake in Altria Group, Inc. (NYSE:MO) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 505,373 shares of the company’s stock after selling 30,230 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Altria Group were worth $29,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Secured Retirement Advisors LLC grew its position in Altria Group by 9.5% during the 4th quarter. Secured Retirement Advisors LLC now owns 7,404 shares of the company’s stock worth $427,000 after acquiring an additional 643 shares during the last quarter. Sigma Planning Corp grew its position in Altria Group by 2.8% during the 4th quarter. Sigma Planning Corp now owns 59,063 shares of the company’s stock worth $3,406,000 after acquiring an additional 1,629 shares during the last quarter. North Star Investment Management Corp. grew its position in Altria Group by 5.5% during the 4th quarter. North Star Investment Management Corp. now owns 14,890 shares of the company’s stock worth $859,000 after acquiring an additional 776 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in Altria Group during the 4th quarter worth $238,000. Finally, Jackson Hole Capital Partners LLC boosted its position in Altria Group by 14.4% in the 4th quarter. Jackson Hole Capital Partners LLC now owns 14,506 shares of the company’s stock valued at $836,000 after buying an additional 1,831 shares during the last quarter. 57.41% of the stock is currently owned by institutional investors.

Altria Group News Summary

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

• Positive Sentiment: Q1 beat on revenue and EPS — Altria reported $1.32 GAAP/non‑GAAP EPS, topping consensus and delivering revenue above estimates as higher cigarette prices more than offset lower unit volumes. The market interpreted this as evidence of persistent pricing power and margin resilience. Article Title
• Positive Sentiment: FY‑2026 EPS guidance provided — Management set adjusted diluted EPS of $5.56–$5.72 and said growth should be more balanced between H1 and H2, offering visibility that reduced investor uncertainty around seasonality and cadence of results. Article Title
• Positive Sentiment: Dividend/cash story and analyst interest — Coverage and bullish write‑ups emphasize steady cash flow, high dividend yield and inclusion in dividend-focused lists, supporting investor demand for yield and income stability. Article Title
• Neutral Sentiment: Full disclosure and detail available — Earnings call transcript, slide deck and summaries were published for investors who want line‑by‑line detail on volumes, pricing, and nicotine products trends. Use these to validate management’s tone. Article Title
• Neutral Sentiment: Wide media and analyst coverage — Multiple outlets (Zacks, Yahoo, Reuters) highlighted the beat and the pricing story; this broad coverage can amplify intraday flows but doesn’t change fundamentals. Article Title
• Negative Sentiment: Underlying volume declines and competitive pressure — Cigarette shipments fell and Altria flagged tougher competition in nicotine products, a medium‑term risk to revenue growth if pricing elasticity or market share dynamics worsen. Article Title
• Negative Sentiment: Accounting/metric quirks and returns — Some reports note unusual ROE and other one‑time items; investors should check adjusted vs. GAAP metrics and the impact of buybacks/other items on reported returns. Article Title

Altria Group Trading Up 6.4%

MO stock opened at $72.57 on Friday. The stock has a 50-day moving average price of $66.70 and a two-hundred day moving average price of $62.68. The stock has a market cap of $121.28 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 2.73 and a beta of 0.41. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $73.85.

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

Altria Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, March 25th were given a dividend of $1.06 per share. The ex-dividend date was Wednesday, March 25th. This represents a $4.24 annualized dividend and a yield of 5.8%. Altria Group’s dividend payout ratio (DPR) is 103.16%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MO shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $77.00 price objective on shares of Altria Group in a research report on Thursday. UBS Group raised their price target on Altria Group from $67.00 to $74.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Stifel Nicolaus dropped their price objective on Altria Group from $72.00 to $68.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Bank of America raised their price objective on Altria Group from $72.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, Argus raised Altria Group to a “hold” rating in a research note on Tuesday, January 13th. Five 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 data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $66.50.

Insider Transactions at Altria Group

In other Altria Group news, SVP Charles N. Whitaker sold 27,908 shares of the firm’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 sale, the senior vice president directly owned 180,869 shares in the company, valued at $12,221,318.33. This trade represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

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.