Altria Group (NYSE:MO) Hits New 1-Year High – Should You Buy?

Posted by Geri Gentry on Nov 5th, 2026

Altria Group, Inc. (NYSE:MO – Get Free Report) reached a new 52-week high during mid-day trading on Thursday. The company traded as high as $79.87 and last traded at $79.5680, with a volume of 1,837,835 shares changing hands. The stock had previously closed at $78.01.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. BTIG Research initiated coverage on Altria Group in a report on Tuesday, July 21st. They issued a “neutral” rating for the company. Freedom Broker raised shares of Altria Group to a “hold” rating in a report on Wednesday, September 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a report on Monday, October 12th. Barclays boosted their target price on shares of Altria Group from $58.00 to $60.00 and gave the stock an “underweight” rating in a research note on Monday. Finally, Morgan Stanley raised their target price on Altria Group from $71.00 to $77.00 and gave the company an “equal weight” rating in a research report on Friday, October 30th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Altria Group currently has an average rating of “Hold” and an average target price of $71.67.

Read Our Latest Stock Analysis on MO

Altria Group Stock Performance

The firm’s 50 day moving average price is $71.04 and its two-hundred day moving average price is $68.99. The firm has a market cap of $129.67 billion, a PE ratio of 16.10, a PEG ratio of 2.61 and a beta of 0.43.

Altria Group (NYSE:MO – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.51 by $0.01. The firm had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $5.31 billion. Altria Group had a negative return on equity of 330.66% and a net margin of 34.51%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.45 earnings per share. On average, analysts forecast that Altria Group, Inc. will post 5.70 earnings per share for the current year.

Altria Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Tuesday, September 15th were issued a $1.11 dividend. This represents a $4.44 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from Altria Group’s previous quarterly dividend of $1.06. Altria Group’s dividend payout ratio is presently 91.74%.

Insider Activity

In other Altria Group news, Director Kathryn McQuade purchased 1,500 shares of Altria Group stock in a transaction dated Wednesday, September 9th. The stock was acquired at an average cost of $67.62 per share, with a total value of $101,430.00. Following the acquisition, the director directly owned 114,929 shares of the company’s stock, valued at $7,771,498.98. This represents a 1.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

Institutional Trading of Altria Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new position in Altria Group in the second quarter valued at approximately $26,000. Balance Wealth Partners LLC bought a new position in Altria Group during the 3rd quarter valued at $25,000. Cornerstone National Bank & Trust Co acquired a new position in Altria Group during the 3rd quarter worth $33,000. Evolution Advisers Inc. increased its position in shares of Altria Group by 110.9% in the 2nd quarter. Evolution Advisers Inc. now owns 578 shares of the company’s stock worth $41,000 after purchasing an additional 304 shares during the last quarter. Finally, GK Wealth Management LLC acquired a new position in Altria Group in the third quarter worth about $43,000. 57.41% of the stock is owned by hedge funds and other institutional investors.

About Altria Group

(Get Free Report)

Altria Group, Inc is a U.S.-based consumer products company focused primarily on tobacco, nicotine and related products. Through its operating companies, Altria sells cigarettes, cigars, pipe tobacco, oral tobacco and nicotine products, and electronic vapor products.

Altria’s principal cigarette business is Philip Morris USA, whose portfolio includes Marlboro, Parliament and Virginia Slims. Its other major brands include Copenhagen and Skoal moist smokeless tobacco, Black & Mild cigars, on! nicotine pouches and NJOY electronic cigarettes.