KFA Private Wealth Group LLC Makes New $2.07 Million Investment in Altria Group, Inc. $MO

21 Mar 2026, 10:32 by Kim Johansen · The Markets Daily

KFA Private Wealth Group LLC acquired a new position in shares of Altria Group, Inc. (NYSE:MO – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 35,877 shares of the company’s stock, valued at approximately $2,069,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC raised its stake in shares of Altria Group by 8.6% in the 3rd quarter. CWA Asset Management Group LLC now owns 335,418 shares of the company’s stock valued at $22,158,000 after acquiring an additional 26,624 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its position in Altria Group by 1.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,522,209 shares of the company’s stock valued at $232,677,000 after purchasing an additional 44,303 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Altria Group by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 12,073,682 shares of the company’s stock worth $797,587,000 after purchasing an additional 814,665 shares in the last quarter. Silver Oak Securities Incorporated lifted its holdings in Altria Group by 155.4% in the 3rd quarter. Silver Oak Securities Incorporated now owns 31,220 shares of the company’s stock worth $2,062,000 after buying an additional 18,997 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its stake in shares of Altria Group by 13.7% in the third quarter. Public Sector Pension Investment Board now owns 144,725 shares of the company’s stock worth $9,561,000 after acquiring an additional 17,429 shares in the last quarter. Institutional investors and hedge funds own 57.41% of the company’s stock.

Insider Activity

In related news, SVP Charles N. Whitaker sold 27,908 shares of Altria Group stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 180,869 shares of the company’s stock, valued at $12,221,318.33. The trade was a 13.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Argus raised Altria Group to a “hold” rating in a report on Tuesday, January 13th. UBS Group raised their price target on shares of Altria Group from $67.00 to $74.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Citigroup upped their price objective on shares of Altria Group from $57.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Jefferies Financial Group increased their price target on Altria Group from $47.00 to $50.00 and gave the company an “underperform” rating in a research note on Wednesday, March 4th. Finally, Barclays raised their price objective on shares of Altria Group from $57.00 to $63.00 and gave the company an “underweight” rating in a research report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $65.11.

Get Our Latest Analysis on MO

Altria Group Trading Down 0.9%

MO opened at $64.46 on Friday. Altria Group, Inc. has a 1-year low of $52.82 and a 1-year high of $70.51. The business has a 50 day moving average of $65.21 and a 200-day moving average of $62.61. The stock has a market capitalization of $107.77 billion, a price-to-earnings ratio of 15.68, a P/E/G ratio of 2.78 and a beta of 0.45.

Altria Group (NYSE:MO – Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.02). Altria Group had a negative return on equity of 287.61% and a net margin of 29.84%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period last year, the business posted $1.30 EPS. Equities analysts predict that Altria Group, Inc. will post 5.32 EPS for the current year.

Altria Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, March 25th will be paid a $1.06 dividend. The ex-dividend date is Wednesday, March 25th. This represents a $4.24 dividend on an annualized basis and a dividend yield of 6.6%. Altria Group’s dividend payout ratio (DPR) is 103.16%.

About Altria Group

(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.

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