Altria Group, Inc. $MO Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC cut its position in shares of Altria Group, Inc. (NYSE:MO – Free Report) by 91.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,580 shares of the company’s stock after selling 184,020 shares during the quarter. Curated Wealth Partners LLC’s holdings in Altria Group were worth $1,116,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Planning Group LLC raised its stake in shares of Altria Group by 5.8% in the first quarter. Cornerstone Planning Group LLC now owns 2,619 shares of the company’s stock valued at $191,000 after acquiring an additional 143 shares in the last quarter. Angeles Wealth Management LLC grew its stake in Altria Group by 1.3% during the 2nd quarter. Angeles Wealth Management LLC now owns 11,239 shares of the company’s stock worth $821,000 after purchasing an additional 146 shares in the last quarter. Bernardo Wealth Planning LLC grew its stake in Altria Group by 4.6% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 3,379 shares of the company’s stock worth $243,000 after purchasing an additional 149 shares in the last quarter. Old Peak Finance LLC grew its stake in Altria Group by 1.3% during the 2nd quarter. Old Peak Finance LLC now owns 11,920 shares of the company’s stock worth $858,000 after purchasing an additional 151 shares in the last quarter. Finally, Joel Isaacson & Co. LLC increased its holdings in Altria Group by 0.7% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 23,324 shares of the company’s stock worth $1,678,000 after purchasing an additional 152 shares during the period. 57.41% of the stock is currently owned by hedge funds and other institutional investors.

Altria Group Stock Up 0.8%

Altria Group stock traded up $0.59 during mid-day trading on Thursday, hitting $73.72. The company had a trading volume of 5,080,810 shares, compared to its average volume of 9,084,797. The business has a fifty day moving average of $68.38 and a 200 day moving average of $69.53. Altria Group, Inc. has a 1 year low of $54.70 and a 1 year high of $77.06. The stock has a market cap of $123.09 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 2.55 and a beta of 0.42.

Altria Group (NYSE:MO – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.02). Altria Group had a net margin of 33.99% and a negative return on equity of 315.29%. The company had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same period last year, the firm earned $1.44 earnings per share. Altria Group’s 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. Equities analysts anticipate that Altria Group, Inc. will post 5.67 earnings per share for the current year.

Altria Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Tuesday, September 15th were given a $1.11 dividend. This is a positive change from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date was Tuesday, September 15th. This represents a $4.44 annualized dividend and a yield of 6.0%. Altria Group’s payout ratio is currently 93.67%.

Insider Buying and Selling at Altria Group

In related news, Director Kathryn McQuade purchased 1,500 shares of the stock in a transaction that occurred on Wednesday, September 9th. The shares were purchased at an average price of $67.62 per share, with a total value of $101,430.00. Following the completion of the acquisition, the director directly owned 114,929 shares in the company, valued at $7,771,498.98. This represents a 1.32% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Key Headlines Impacting Altria Group

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

  • Positive Sentiment: An analysis argues that Altria could be roughly 50% undervalued on a cash-flow basis. The investment case rests on durable cigarette cash flows, pricing power, cost control and the company’s ability to return capital to shareholders. Altria Group Stock Could Be 50% Undervalued on Cash Flow
  • Positive Sentiment: Several income-focused articles highlight Altria’s approximately 6% dividend yield, strong cash generation and established tobacco brands. The stock is being presented as an attractive option for investors seeking reliable income, particularly after its recent relative strength. Boomers Are Quietly Buying These Forever Income Dividend Stocks
  • Positive Sentiment: Zacks included MO among high-performing consumer-staples stocks for a potentially stable portfolio, citing favorable earnings trends and year-to-date performance. Buy High-Flying Consumer Staples Stocks
  • Neutral Sentiment: Altria announced that it will host a webcast covering its 2026 third-quarter and nine-month results. The event provides a near-term catalyst, with investors likely focused on cigarette volumes, pricing, smoke-free product growth, earnings and guidance. Altria Third-Quarter Results Webcast
  • Negative Sentiment: Exchange-traded funds were net sellers of Altria in Tuesday’s session, indicating some institutional selling pressure despite the broader bullish income narrative. ETFs Are Net Sellers of Altria
  • Negative Sentiment: Analysts continue to flag declining cigarette usage and Altria’s need to successfully expand smoke-free products. Those structural concerns could limit long-term growth and pressure the sustainability of its dividend and earnings.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. BTIG Research assumed coverage on Altria Group in a report on Tuesday, July 21st. They set a “neutral” rating on the stock. UBS Group lifted their price objective on Altria Group from $76.00 to $79.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Wall Street Zen downgraded Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Barclays lowered their price objective on Altria Group from $64.00 to $58.00 and set an “underweight” rating for the company in a research report on Tuesday, August 11th. Finally, Freedom Broker upgraded shares of Altria Group to a “hold” rating in a research note on Wednesday, September 16th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $70.11.

Check Out Our Latest Stock Analysis on Altria Group

About Altria Group

(Free Report)

Altria Group, Inc is a U.S.-based holding company focused primarily on tobacco and nicotine products. Through its operating companies, Altria manufactures and markets cigarettes, cigars, smokeless tobacco, oral nicotine products and electronic cigarettes. Its portfolio includes well-known brands such as Marlboro cigarettes, Copenhagen and Skoal smokeless tobacco, Black & Mild cigars, NJOY e-cigarettes and on! nicotine pouches.

Altria’s principal businesses include Philip Morris USA, the largest U.S.

Further Reading

Want to see what other hedge funds are holding MO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Altria Group, Inc. (NYSE:MO – Free Report).

Institutional Ownership by Quarter for Altria Group (NYSE:MO)

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