NEOS Investment Management LLC Grows Position in Altria Group, Inc. $MO

Posted by George Bondi on Sep 5th, 2026

NEOS Investment Management LLC grew its position in Altria Group, Inc. (NYSE:MO – Free Report) by 9.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 275,042 shares of the company’s stock after purchasing an additional 23,932 shares during the period. NEOS Investment Management LLC’s holdings in Altria Group were worth $19,789,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MO. Comprehensive Financial Planning Inc. PA purchased a new position in Altria Group in the second quarter valued at approximately $26,000. Darwin Wealth Management LLC acquired a new position in Altria Group during the second quarter valued at approximately $27,000. Navalign LLC acquired a new stake in shares of Altria Group in the fourth quarter worth $28,000. Hughes Financial Services LLC raised its stake in shares of Altria Group by 62.9% in the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company’s stock valued at $29,000 after acquiring an additional 197 shares during the period. Finally, Miller Capital Partners Inc. purchased a new position in shares of Altria Group in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 57.41% of the company’s stock.

Altria Group Trading Down 1.0%

MO opened at $68.80 on Friday. The company has a fifty day simple moving average of $69.82 and a 200 day simple moving average of $69.07. The firm has a market cap of $114.88 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.46 and a beta of 0.45. Altria Group, Inc. has a twelve month low of $54.70 and a twelve month high of $77.06.

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

Altria Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Investors of record on Tuesday, September 15th will be paid a $1.11 dividend. This represents a $4.44 annualized dividend and a dividend yield of 6.5%. This is a positive change from Altria Group’s previous quarterly dividend of $1.06. The ex-dividend date is Tuesday, September 15th. Altria Group’s payout ratio is presently 89.45%.

Analysts Set New Price Targets

MO has been the subject of a number of research reports. Jefferies Financial Group upped their price target on shares of Altria Group from $50.00 to $60.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 27th. Wall Street Zen lowered Altria Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Weiss Ratings restated a “buy (b)” rating on shares of Altria Group in a research note on Tuesday, July 14th. UBS Group upped their target price on Altria Group from $76.00 to $79.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Finally, BTIG Research started coverage on Altria Group in a research note on Tuesday, July 21st. They issued a “neutral” rating for the company. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $70.11.

View Our Latest Analysis on Altria Group

Altria Group Company 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.