Intact Investment Management Inc. Sells 39,410 Shares of Altria Group, Inc. $MO

Intact Investment Management Inc. cut its stake in Altria Group, Inc. (NYSE:MO) by 21.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,090 shares of the company’s stock after selling 39,410 shares during the period. Intact Investment Management Inc.’s holdings in Altria Group were worth $9,651,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of MO. Darwin Wealth Management LLC acquired a new position in Altria Group during the second quarter worth $27,000. Country Trust Bank grew its holdings in shares of Altria Group by 400.0% in the 2nd quarter. Country Trust Bank now owns 500 shares of the company’s stock worth $29,000 after purchasing an additional 400 shares during the last quarter. Anfield Capital Management LLC increased its position in shares of Altria Group by 334.7% during the 2nd quarter. Anfield Capital Management LLC now owns 539 shares of the company’s stock worth $32,000 after purchasing an additional 415 shares in the last quarter. Winnow Wealth LLC bought a new position in Altria Group during the 2nd quarter valued at about $35,000. Finally, WFA of San Diego LLC bought a new position in Altria Group during the 2nd quarter valued at about $39,000. Institutional investors and hedge funds own 57.41% of the company’s stock.

Altria Group Price Performance

MO opened at $61.92 on Monday. The stock has a market capitalization of $103.95 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 3.43 and a beta of 0.47. The company’s 50 day simple moving average is $58.69 and its 200-day simple moving average is $61.65. Altria Group, Inc. has a one year low of $50.08 and a one year high of $68.60.

Altria Group (NYSE:MO) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.01. Altria Group had a net margin of 37.89% and a negative return on equity of 319.43%. The firm had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.31 billion. During the same quarter in the previous year, the company posted $1.38 EPS. Altria Group’s revenue was down 3.0% on a year-over-year basis. Altria Group has set its FY 2025 guidance at 5.370-5.45 EPS. As a group, analysts anticipate that Altria Group, Inc. will post 5.32 EPS for the current year.

Altria Group declared that its board has initiated a share repurchase plan on Thursday, October 30th that allows the company to buyback $2.00 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 1.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Altria Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Friday, December 26th were paid a dividend of $1.06 per share. This represents a $4.24 annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend was Friday, December 26th. Altria Group’s dividend payout ratio is 80.92%.

Analyst Ratings Changes

Several analysts have weighed in on the stock. The Goldman Sachs Group upped their price objective on shares of Altria Group from $65.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Argus raised Altria Group to a “hold” rating in a report on Tuesday, January 13th. UBS Group raised Altria Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $61.00 to $63.00 in a report on Friday, January 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Altria Group in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Altria Group has an average rating of “Hold” and a consensus price target of $62.56.

Key Headlines Impacting Altria Group

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

• Positive Sentiment: Investors are chasing yield: coverage highlights a ~7% dividend and frames MO as an attractive income play, supporting buying interest in the stock. Altria Yield at 7%, and the Stock Is Rising
• Positive Sentiment: Short-term price momentum: recent reports note MO is outperforming the market and closing higher on the trading day, reinforcing positive technical/flow dynamics. Altria (MO) Surpasses Market Returns
• Positive Sentiment: Earnings backdrop supportive: previews suggest Wall Street expects earnings growth and the company may have the elements for an earnings beat, which can lift sentiment into the report. Altria (MO) Reports Next Week
• Neutral Sentiment: Dividend comparison pieces and analyst notes (e.g., vs. Coca‑Cola) keep the stock in income-focused conversations — helpful for steady demand but not a catalyst alone. Altria vs. Coca-Cola
• Neutral Sentiment: Multiple outlets flag MO as a trending/actively watched stock and publish valuation/income analyses—useful for context but mixed in directional impact. Altria Is a Trending Stock Assessing Altria Valuation
• Neutral Sentiment: Reminder: the company is scheduled to report earnings soon — date reminders and previews can increase trading volume and volatility around the release. Altria Expected to Announce Earnings
• Negative Sentiment: Fundamental caution: coverage warns that past missteps and year‑over‑year revenue declines could limit upside and justify the low price, tempering longer‑term conviction. Altria: Is This High-Yield Dividend Stock Too Cheap to Ignore?

Altria Group Company Profile

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.