Caprock Group LLC Purchases Shares of 40,800 British American Tobacco p.l.c. $BTI

Caprock Group LLC purchased a new position in shares of British American Tobacco p.l.c. (NYSE:BTI) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 40,800 shares of the company’s stock, valued at approximately $2,321,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. True Wealth Design LLC bought a new stake in British American Tobacco during the third quarter worth $29,000. Cary Street Partners Financial LLC bought a new stake in shares of British American Tobacco in the 2nd quarter valued at about $30,000. Salem Investment Counselors Inc. lifted its stake in British American Tobacco by 48.6% in the 3rd quarter. Salem Investment Counselors Inc. now owns 633 shares of the company’s stock valued at $34,000 after purchasing an additional 207 shares during the last quarter. Westside Investment Management Inc. grew its holdings in British American Tobacco by 100.0% during the third quarter. Westside Investment Management Inc. now owns 782 shares of the company’s stock worth $41,000 after purchasing an additional 391 shares during the period. Finally, City Holding Co. acquired a new position in British American Tobacco during the third quarter worth approximately $42,000. 16.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Citigroup reiterated a “buy” rating on shares of British American Tobacco in a research note on Friday, November 28th. Kepler Capital Markets assumed coverage on shares of British American Tobacco in a research report on Friday, December 12th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of British American Tobacco in a research report on Friday, November 28th. Morgan Stanley reaffirmed an “underweight” rating on shares of British American Tobacco in a report on Wednesday, December 10th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of British American Tobacco in a report on Wednesday, January 21st. Seven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, British American Tobacco currently has a consensus rating of “Moderate Buy” and an average price target of $51.00.

British American Tobacco Price Performance

BTI stock opened at $60.60 on Friday. British American Tobacco p.l.c. has a 52 week low of $37.31 and a 52 week high of $63.03. The company’s 50-day simple moving average is $57.99 and its 200 day simple moving average is $55.84. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.55 and a current ratio of 0.87.

British American Tobacco (NYSE:BTI) last posted its quarterly earnings data on Thursday, February 12th. The company reported $125.53 earnings per share (EPS) for the quarter. The business had revenue of $8.93 billion during the quarter. British American Tobacco has set its FY 2026 guidance at 4.920-4.920 EPS. Sell-side analysts forecast that British American Tobacco p.l.c. will post 4.69 earnings per share for the current fiscal year.

Key Headlines Impacting British American Tobacco

Here are the key news stories impacting British American Tobacco this week:

• Positive Sentiment: Q4 results beat expectations — BTI reported strong quarterly results (EPS and revenue) and management highlighted ongoing growth in vapor and smokeless products, supporting profit momentum. Q4 Earnings Call Transcript
• Positive Sentiment: Analyst upgrade — A Seeking Alpha piece upgraded BTI to a buy, citing stronger‑than‑expected FY2025, renewed growth in the New Category (vape/smokeless) and improving margins from operational efficiencies. That upgrade can boost investor sentiment. Rating Upgrade
• Positive Sentiment: Share buyback increased — Management announced an additional £1.3bn buyback for 2026, supporting returns and reducing float, a clear shareholder‑friendly move. Buyback and Results
• Positive Sentiment: Operating profit and pretax profit strength — Adjusted operating profit rose and pretax profits jumped as modern product penetration rose, underpinning free cash flow and deleveraging prospects. WSJ: Pretax Profit
• Neutral Sentiment: New Category outlook — Management guided New Category revenue to low double‑digit growth in FY2026 (helped by US/Vuse recovery), a key growth driver but execution risk remains. New Category Detail
• Neutral Sentiment: Presentation & call materials available — Slide deck and earnings call transcript were published for deeper review by investors. Slide Deck
• Negative Sentiment: Revenue guidance missed consensus — BTI set FY2026 revenue guidance at $35.1bn (vs. ~$36.0bn street estimate) while issuing a fixed EPS guide of 4.920, which tempers the upside and explains some investor caution. Company FY2026 Guidance

British American Tobacco Company Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.