Altria Group
About: Altria comprises Philip Morris USA, US Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 42% annual share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev and a 41% stake in cannabis manufacturer Cronos. It also acquired vaping company Njoy Holdings in 2023 and operates a joint venture with Japan Tobacco in the heated tobacco category for the US.
Employees: 6,200
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
41% more first-time investments, than exits
New positions opened: 158 | Existing positions closed: 112
30% more repeat investments, than reductions
Existing positions increased: 986 | Existing positions reduced: 756
24% more call options, than puts
Call options by funds: $702M | Put options by funds: $566M
0% less funds holding
Funds holding: 2,217 [Q1] → 2,213 (-4) [Q2]
5% less capital invested
Capital invested by funds: $63B [Q1] → $60B (-$3.03B) [Q2]
1.4% less ownership
Funds ownership: 62.04% [Q1] → 60.64% (-1.4%) [Q2]
36% less funds holding in top 10
Funds holding in top 10: 28 [Q1] → 18 (-10) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
B of A Securities
Lisa Lewandowski
|
7%
upside
$72
|
Buy
Maintained
|
22 Aug 2025 |
Barclays
Gaurav Jain
|
15%
downside
$57
|
Underweight
Maintained
|
6 Aug 2025 |
Stifel
Matthew Smith
|
3%
downside
$65
|
Buy
Maintained
|
31 Jul 2025 |
Morgan Stanley
Eric Serotta
|
7%
downside
$62
|
Equal-Weight
Maintained
|
31 Jul 2025 |
Jefferies
Edward Mundy
|
25%
downside
$50
|
Underperform
Initiated
|
9 Jul 2025 |
UBS
Faham Baig
|
12%
downside
$59
|
Neutral
Upgraded
|
2 Jul 2025 |
Financial journalist opinion
Based on 63 articles about MO published over the past 30 days