Altria Group, Inc. (NYSE:MO – Get Free Report) was the recipient of some unusual options trading on Tuesday. Investors purchased 37,493 call options on the company. This represents an increase of approximately 62% compared to the average daily volume of 23,181 call options.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on MO shares. Stifel Nicolaus dropped their price target on Altria Group from $72.00 to $68.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Argus upgraded shares of Altria Group to a “hold” rating in a report on Tuesday, January 13th. Citigroup raised their target price on shares of Altria Group from $57.00 to $65.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Jefferies Financial Group boosted their price target on shares of Altria Group from $47.00 to $50.00 and gave the company an “underperform” rating in a report on Wednesday, March 4th. Finally, Barclays increased their price objective on shares of Altria Group from $57.00 to $63.00 and gave the company an “underweight” rating in a research note on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $65.11.
View Our Latest Stock Analysis on MO
Key Stories Impacting Altria Group
- Positive Sentiment: Altria is expanding on! PLUS nationwide, accelerating its smoke‑free product push as oral nicotine demand grows — a tangible sales/portfolio catalyst that could improve top‑line mix over time. on! PLUS Expands Nationwide Retail Availability
- Positive Sentiment: Unusually large call buying: ~37,493 call contracts traded (≈62% above average daily call volume), signaling short‑term bullish positioning by options traders that can support near‑term upside if momentum follows through.
- Neutral Sentiment: Analyst/features highlight MO as a long‑term growth/dividend play and compare its strategic pivot to peers — useful framing for buy‑and‑hold investors but less immediately market‑moving. Why Altria (MO) is a Top Growth Stock for the Long-Term
- Neutral Sentiment: Comparative investor pieces (e.g., Motley Fool) discuss MO vs. PMI and the importance of pivoting from combustible tobacco — contextually positive if execution continues, but not an immediate price driver. Best Stock to Buy and Hold Forever: Altria Group vs. Philip Morris International
- Negative Sentiment: Technical/near‑term selling: reports note the stock extended a multi‑session slide (seven sessions referenced), reflecting profit‑taking or momentum weakness that can outweigh single-product wins. Altria Group slides for the seventh straight session
- Negative Sentiment: Fundamental/earnings context: Altria slightly missed EPS in the prior quarter and reported marginal revenue decline; the stock remains below its 50‑day MA (resistance) though above the 200‑day MA — factors that can cap near‑term upside until execution visibly improves.
Altria Group Price Performance
Shares of NYSE MO opened at $64.31 on Wednesday. The stock has a market capitalization of $107.51 billion, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 2.75 and a beta of 0.45. Altria Group has a 1-year low of $52.82 and a 1-year high of $70.51. The business has a fifty day moving average price of $65.41 and a 200 day moving average price of $62.51.
Altria Group (NYSE:MO – Get Free Report) last posted its earnings results on Thursday, January 29th. The company reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.02). Altria Group had a net margin of 29.84% and a negative return on equity of 287.61%. The firm’s revenue was down .5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.30 earnings per share. As a group, equities research analysts anticipate that Altria Group will post 5.32 earnings per share for the current fiscal year.
Altria Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, March 25th will be given a $1.06 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 6.6%. Altria Group’s payout ratio is presently 103.16%.
Insider Activity
In related news, SVP Charles N. Whitaker sold 27,908 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $67.57, for a total value of $1,885,743.56. Following the transaction, the senior vice president owned 180,869 shares of the company’s stock, valued at $12,221,318.33. This represents a 13.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.08% of the company’s stock.
Institutional Investors Weigh In On Altria Group
A number of hedge funds and other institutional investors have recently bought and sold shares of MO. Rockefeller Capital Management L.P. boosted its stake in Altria Group by 8.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 488,706 shares of the company’s stock valued at $28,198,000 after acquiring an additional 38,878 shares in the last quarter. Lane Brothers & Co. Inc. purchased a new position in Altria Group in the fourth quarter worth $251,000. Fund Advisors of America Inc FL acquired a new position in shares of Altria Group during the fourth quarter worth $715,000. Winthrop Partners WNY LLC acquired a new position in shares of Altria Group during the fourth quarter worth $334,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Altria Group during the 4th quarter valued at $48,000. Hedge funds and other institutional investors own 57.41% of the company’s stock.
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.
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