Tanager Wealth Management LLP Takes Position in Altria Group, Inc. $MO

Posted by George Bondi on Jun 25th, 2026

Tanager Wealth Management LLP bought a new position in Altria Group, Inc. (NYSE:MO – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,553 shares of the company’s stock, valued at approximately $762,000.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Altria Group by 64.7% during the fourth quarter. Brighton Jones LLC now owns 17,702 shares of the company’s stock valued at $926,000 after purchasing an additional 6,954 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Altria Group by 86.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,361 shares of the company’s stock worth $373,000 after purchasing an additional 2,946 shares during the period. Schnieders Capital Management LLC. increased its position in shares of Altria Group by 6.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,630 shares of the company’s stock valued at $565,000 after purchasing an additional 618 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in shares of Altria Group during the 2nd quarter valued at approximately $346,000. Finally, AXA S.A. purchased a new stake in Altria Group during the 2nd quarter valued at $5,752,000. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on MO shares. Stifel Nicolaus raised their price target on Altria Group from $68.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Jefferies Financial Group increased 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. Deutsche Bank Aktiengesellschaft increased their target price on shares of Altria Group from $60.00 to $66.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Wall Street Zen cut shares of Altria Group from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, UBS Group lifted their price target on shares of Altria Group from $74.00 to $76.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $70.44.

View Our Latest Research Report on MO

Insiders Place Their Bets

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

Altria Group Stock Performance

Shares of NYSE MO opened at $72.01 on Thursday. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $74.56. The company has a market cap of $120.25 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 2.68 and a beta of 0.46. The business’s 50 day moving average price is $69.95 and its 200-day moving average price is $65.62.

Altria Group (NYSE:MO – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 298.69% and a net margin of 34.34%.Altria Group’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.23 EPS. Altria Group has set its FY 2026 guidance at 5.560-5.72 EPS. Sell-side analysts predict that Altria Group, Inc. will post 5.68 earnings per share for the current year.

Altria Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be given a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Monday, June 15th. Altria Group’s dividend payout ratio (DPR) is 88.70%.

Altria Group Profile

(Free Report)

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.