Altria Group (NYSE:MO) Price Target Raised to $60.00

Posted by Geri Gentry on Nov 5th, 2026

Altria Group (NYSE:MO – Free Report) had its target price raised by Barclays from $58.00 to $60.00 in a report released on Monday,Benzinga reports. They currently have an underweight rating on the stock.

Other analysts have also recently issued reports about the stock. UBS Group increased their target price on shares of Altria Group from $79.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, October 30th. BTIG Research started coverage on shares of Altria Group in a research report on Tuesday, July 21st. They issued a “neutral” rating on the stock. Freedom Broker raised shares of Altria Group to a “hold” rating in a report on Wednesday, September 16th. Citigroup boosted their price objective on shares of Altria Group from $70.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday, October 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Altria Group in a research report on Monday, October 12th. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $71.67.

Get Our Latest Stock Report on Altria Group

Altria Group Trading Up 1.4%

Shares of NYSE MO opened at $78.02 on Monday. The company has a market capitalization of $129.78 billion, a price-to-earnings ratio of 13.69, a price-to-earnings-growth ratio of 2.61 and a beta of 0.43. Altria Group has a twelve month low of $54.70 and a twelve month high of $79.81. The business has a 50 day simple moving average of $71.04 and a 200-day simple moving average of $68.99.

Altria Group (NYSE:MO – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate 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 revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the business posted $1.45 earnings per share. As a group, equities analysts predict that Altria Group will post 5.70 earnings per share for the current year.

Altria Group Increases Dividend

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

Insider Transactions at Altria Group

In related news, Director Kathryn McQuade bought 1,500 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were bought at an average cost of $67.62 per share, for a total transaction of $101,430.00. Following the completion of the purchase, the director owned 114,929 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Altria Group

Several institutional investors have recently modified their holdings of the company. Balance Wealth Partners LLC bought a new stake in shares of Altria Group during the 3rd quarter worth $25,000. Comprehensive Financial Planning Inc. PA bought a new position in Altria Group during the second quarter valued at about $26,000. Cornerstone National Bank & Trust Co bought a new position in Altria Group during the third quarter valued at about $33,000. Evolution Advisers Inc. grew its position in Altria Group by 110.9% during the second quarter. Evolution Advisers Inc. now owns 578 shares of the company’s stock valued at $41,000 after buying an additional 304 shares during the period. Finally, GK Wealth Management LLC purchased a new stake in Altria Group during the third quarter worth about $43,000. Institutional investors own 57.41% of the company’s stock.

More Altria Group News

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

Positive Sentiment: Altria’s October advance was supported by solid earnings, with price increases helping offset a smaller-than-expected decline in cigarette volumes. The company is also continuing share repurchases and dividend increases, which may appeal to income-focused investors. Why Altria Group Shares Bumped 15.9% Higher In October
Positive Sentiment: Barclays raised its price target on MO, providing a supportive analyst signal, though the report headline does not specify the new target or its rationale. Altria Group Stock Gets Price Target Increase from Barclays
Neutral Sentiment: Altria filed a universal shelf registration that gives it flexibility to issue debt, warrants or other securities for purposes such as refinancing or general corporate needs. It does not mean an offering is imminent, but future issuance could affect the company’s financing costs or shareholder dilution depending on the securities issued. Why Did Altria Group File A Universal Shelf Registration?
Negative Sentiment: The 10-year Treasury yield near 4.91% offers investors a comparatively low-risk income alternative, potentially making high-yield dividend stocks like Altria less attractive at the margin. The 10-Year Treasury Yields 4.91%. These 4 Dividend Stocks Pay More

Altria Group Company Profile

(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.