Bull Harbor Capital LLC Takes $833,000 Position in Altria Group, Inc. $MO

Bull Harbor Capital LLC acquired a new position in shares of Altria Group, Inc. (NYSE:MO) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,623 shares of the company’s stock, valued at approximately $833,000.

Other large investors have also recently made changes to their positions in the company. Illinois Municipal Retirement Fund grew its position in shares of Altria Group by 7.1% during the 4th quarter. Illinois Municipal Retirement Fund now owns 668,243 shares of the company’s stock worth $38,531,000 after purchasing an additional 44,267 shares in the last quarter. Rayburn West Financial Services LLC acquired a new stake in shares of Altria Group in the fourth quarter valued at approximately $2,438,000. North Dakota State Investment Board bought a new stake in shares of Altria Group in the fourth quarter valued at approximately $3,336,000. Procyon Advisors LLC boosted its stake in shares of Altria Group by 59.3% in the first quarter. Procyon Advisors LLC now owns 38,926 shares of the company’s stock valued at $2,569,000 after buying an additional 14,490 shares during the period. Finally, International Assets Investment Management LLC grew its position in Altria Group by 206.7% during the fourth quarter. International Assets Investment Management LLC now owns 75,573 shares of the company’s stock worth $4,358,000 after buying an additional 50,931 shares in the last quarter. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Altria Group News Summary

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

• Positive Sentiment: Adjusted EPS increased 4.9% year over year to $1.48, supported by pricing in smokeable products. Revenue rose 1.2% to approximately $5.36 billion, narrowly exceeding analysts’ expectations. Altria Group Q2 Adjusted Earnings, Revenue Rise; Fiscal 2026 Adjusted EPS Outlook Narrowed
• Positive Sentiment: The company expanded its On! nicotine-pouch distribution to 120,000 stores, highlighting continued investment in smoke-free products and long-term category growth. Altria Group Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Altria maintained fiscal 2026 adjusted EPS guidance at $5.61-$5.72, but the narrower range provides limited upside relative to the $5.68 analyst consensus and underscores a cautious outlook.
• Negative Sentiment: Quarterly EPS of $1.48 missed the $1.50 consensus estimate. The shortfall contributed to investor concerns that operating momentum is weakening. Altria Group Earnings Report
• Negative Sentiment: Cigarette shipment volumes declined as inflation and weaker consumer spending pushed some smokers toward lower-priced products, pressuring premium brands such as Marlboro.
• Negative Sentiment: Softer oral-tobacco performance and intensified competition in nicotine pouches offset some cigarette-related gains. Management also cited consumer trade-downs, raising concerns about growth and margins in Altria’s smoke-free transition. Altria Profit Falls on Softer Oral-Tobacco Performance

Analyst Ratings Changes

Several equities analysts have weighed in on MO shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $77.00 price objective on shares of Altria Group in a report on Thursday, April 30th. Barclays increased their target price on Altria Group from $63.00 to $64.00 and gave the stock an “underweight” rating in a report on Friday, May 15th. Jefferies Financial Group increased their price objective on shares of Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research note on Wednesday, May 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a report on Tuesday, July 14th. Finally, Wall Street Zen lowered shares of Altria Group from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Five investment 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’s stock. Based on data from MarketBeat, Altria Group currently has a consensus rating of “Hold” and a consensus price target of $70.78.

Altria Group Stock Performance

Shares of MO stock opened at $68.01 on Friday. The stock’s fifty day moving average price is $71.83 and its two-hundred day moving average price is $68.30. The company has a market cap of $113.57 billion, a PE ratio of 14.23, a P/E/G ratio of 2.70 and a beta of 0.45. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06.

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 298.69% and a net margin of 34.34%.The business had revenue of $5.36 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period last year, the firm posted $1.44 EPS. Altria Group’s quarterly revenue was up 1.2% on a year-over-year basis. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. On average, equities analysts predict that Altria Group, Inc. will post 5.7 EPS for the current fiscal year.

Altria Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Monday, June 15th were paid a dividend of $1.06 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $4.24 annualized dividend and a yield of 6.2%. Altria Group’s payout ratio is presently 88.70%.

Insider Transactions at Altria Group

In other news, Director Ellen R. Strahlman sold 2,000 shares of the 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 of the company’s stock, valued at approximately $1,821,401.12. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $72.25, for a total transaction of $418,327.50. Following the completion of the sale, the director owned 73,809 shares in the company, valued at approximately $5,332,700.25. The trade was a 7.27% 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 currently owned by corporate insiders.

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.