iA Global Asset Management Inc. Grows Stock Position in Altria Group, Inc. $MO

Posted by Stanley Muller on Aug 16th, 2026

iA Global Asset Management Inc. lifted its position in Altria Group, Inc. (NYSE:MO – Free Report) by 64.0% during the second quarter, HoldingsChannel.com reports. The fund owned 431,462 shares of the company’s stock after acquiring an additional 168,351 shares during the period. iA Global Asset Management Inc.’s holdings in Altria Group were worth $31,044,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Altria Group by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 160,980,626 shares of the company’s stock worth $9,282,143,000 after buying an additional 1,903,530 shares in the last quarter. State Street Corp grew its stake in Altria Group by 1.6% during the 4th quarter. State Street Corp now owns 72,830,531 shares of the company’s stock valued at $4,275,886,000 after acquiring an additional 1,147,141 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Altria Group by 10.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 65,516,916 shares of the company’s stock valued at $3,777,931,000 after acquiring an additional 6,265,780 shares during the last quarter. Geode Capital Management LLC lifted its stake in Altria Group by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 45,984,718 shares of the company’s stock worth $2,651,383,000 after purchasing an additional 729,999 shares in the last quarter. Finally, Morgan Stanley lifted its stake in Altria Group by 1.5% in the 4th quarter. Morgan Stanley now owns 22,306,173 shares of the company’s stock worth $1,286,174,000 after purchasing an additional 335,089 shares in the last quarter. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MO shares. Weiss Ratings restated a “buy (b)” rating on shares of Altria Group in a research report on Tuesday, July 14th. Morgan Stanley set a $71.00 price objective on Altria Group in a research report on Friday, May 1st. The Goldman Sachs Group reissued a “buy” rating and set a $77.00 price objective on shares of Altria Group in a research note on Thursday, April 30th. Stifel Nicolaus upped their target price on Altria Group from $68.00 to $77.00 and gave the company a “buy” rating in a report on Friday, May 1st. Finally, Wall Street Zen downgraded Altria Group from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $70.11.

Check Out Our Latest Stock Report on Altria Group

Insider Activity at Altria Group

In related news, Director Ennis Debra J. Kelly sold 5,790 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the completion of the transaction, the director directly owned 73,809 shares in the company, valued at approximately $5,332,700.25. This represents a 7.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ellen R. Strahlman sold 2,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total value of $145,120.00. Following the sale, the director directly owned 25,102 shares of the company’s stock, valued at approximately $1,821,401.12. This trade represents a 7.38% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company’s stock.

Altria Group Price Performance

Shares of MO stock opened at $65.72 on Friday. The company has a market capitalization of $109.74 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 2.33 and a beta of 0.46. The firm’s 50-day moving average is $70.83 and its two-hundred day moving average is $68.69. Altria Group, Inc. has a 12 month low of $54.70 and a 12 month high of $77.06.

Altria Group (NYSE:MO – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.02). The firm had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.35 billion. Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the company earned $1.44 EPS. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. Sell-side analysts forecast that Altria Group, Inc. will post 5.67 EPS for the current year.

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.