O Domhnaill Enterprises Inc. Sells 6,799 Shares of Altria Group, Inc. $MO

O Domhnaill Enterprises Inc. decreased its stake in shares of Altria Group, Inc. (NYSE:MO) by 10.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,947 shares of the company’s stock after selling 6,799 shares during the period. Altria Group comprises 3.0% of O Domhnaill Enterprises Inc.’s portfolio, making the stock its 13th largest holding. O Domhnaill Enterprises Inc.’s holdings in Altria Group were worth $3,758,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MO. Darwin Wealth Management LLC bought a new position in shares of Altria Group during the 2nd quarter valued at $27,000. Navalign LLC purchased a new stake in Altria Group during the fourth quarter valued at $28,000. Creative Capital Management Investments LLC bought a new position in Altria Group in the fourth quarter valued at about $29,000. Hughes Financial Services LLC lifted its holdings in Altria Group by 62.9% in the fourth quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after acquiring an additional 197 shares during the period. Finally, Miller Capital Partners Inc. purchased a new position in Altria Group in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Altria Group Stock Performance

Shares of MO traded up $1.76 during mid-day trading on Tuesday, reaching $73.64. The stock had a trading volume of 1,045,045 shares, compared to its average volume of 9,456,049. The firm has a market cap of $122.96 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 2.72 and a beta of 0.45. Altria Group, Inc. has a 12 month low of $54.70 and a 12 month high of $74.56. The business has a fifty day moving average of $71.08 and a 200 day moving average of $66.33.

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

Altria Group Dividend Announcement

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

Insider Transactions at Altria Group

In other Altria Group news, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total transaction of $418,327.50. Following the sale, the director directly owned 73,809 shares of the company’s stock, valued at $5,332,700.25. This trade represents a 7.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ellen R. Strahlman sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $72.56, for a total value of $145,120.00. Following the completion of the transaction, the director owned 25,102 shares in the company, valued at $1,821,401.12. The trade was a 7.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MO shares. Morgan Stanley set a $71.00 price target on Altria Group in a research note on Friday, May 1st. Jefferies Financial Group boosted their target price on shares of Altria Group from $50.00 to $60.00 and gave the company an “underperform” rating in a research report on Wednesday, May 27th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $77.00 target price on shares of Altria Group in a report on Thursday, April 30th. Barclays increased their price target on shares of Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Finally, Bank of America boosted their price objective on shares of Altria Group from $72.00 to $73.00 and gave the company a “buy” rating in a research report on Friday, April 10th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Altria Group currently has an average rating of “Hold” and an average target price of $70.78.

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.