---
title: "30,232 Shares in Altria Group, Inc. $MO Bought by WealthCare Asset Management LLC"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296082319.md"
description: "WealthCare Asset Management LLC initiated a new position in Altria Group (NYSE:MO), purchasing 30,232 shares valued at approximately $2.175 million during Q2. The stock comprises 0.9% of the fund's portfolio. Other institutions like Darwin Wealth and Hughes Financial also adjusted their stakes. Meanwhile, analysts maintain mixed ratings with an average 'Hold' consensus and a $70.11 target price. Recent earnings showed EPS of $1.48, slightly missing estimates, while insider Ellen Strahlman sold 2,000 shares."
datetime: "2026-08-17T09:13:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296082319.md)
  - [en](https://longbridge.com/en/news/296082319.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296082319.md)
generator: "portal-rs"
---

# 30,232 Shares in Altria Group, Inc. $MO Bought by WealthCare Asset Management LLC

WealthCare Asset Management LLC bought a new position in shares of Altria Group, Inc. (NYSE:MO - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 30,232 shares of the company's stock, valued at approximately $2,175,000. Altria Group makes up 0.9% of WealthCare Asset Management LLC's investment portfolio, making the stock its 21st biggest holding.

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Other institutional investors also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in shares of Altria Group in the second quarter valued at $27,000. Navalign LLC purchased a new stake in shares of Altria Group in the 4th quarter worth about $28,000. Hughes Financial Services LLC grew its stake in Altria Group by 62.9% in the 4th quarter. Hughes Financial Services LLC now owns 510 shares of the company's stock valued at $29,000 after acquiring an additional 197 shares during the last quarter. Miller Capital Partners Inc. acquired a new stake in Altria Group in the 4th quarter valued at about $29,000. Finally, Quattro Advisors LLC purchased a new position in Altria Group during the 4th quarter valued at about $33,000. 57.41% of the stock is currently owned by hedge funds and other institutional investors. 

## Wall Street Analyst Weigh In

MO has been the topic of several research reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Altria Group in a research report on Tuesday, July 14th. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $77.00 target price on shares of Altria Group in a research note on Thursday, April 30th. UBS Group increased their target price on Altria Group from $76.00 to $79.00 and gave the company a "buy" rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft raised their price target on Altria Group from $60.00 to $66.00 and gave the stock a "hold" rating in a research report on Monday, May 4th. Finally, Morgan Stanley set a $71.00 price target on Altria Group in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $70.11.

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**Check Out Our Latest Stock Analysis on MO**

## Altria Group Stock Up 0.0%

Shares of MO opened at $65.72 on Monday. Altria Group, Inc. has a fifty-two week low of $54.70 and a fifty-two week high of $77.06. The company's fifty day moving average is $70.83 and its two-hundred day moving average is $68.73. The firm has a market cap of $109.74 billion, a PE ratio of 13.86, a price-to-earnings-growth ratio of 2.33 and a beta of 0.46. 

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Altria Group (NYSE:MO - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.02). Altria Group had a negative return on equity of 315.29% and a net margin of 33.99%.The firm had revenue of $5.36 billion during the quarter, compared to analysts' expectations of $5.35 billion. During the same period last year, the business posted $1.44 earnings per share. The company's quarterly revenue was up 1.2% compared to the same quarter last year. Altria Group has set its FY 2026 guidance at 5.610-5.720 EPS. As a group, equities research analysts anticipate that Altria Group, Inc. will post 5.67 earnings per share for the current year. 

## Insider Activity

In other news, Director Ellen R. Strahlman sold 2,000 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.56, for a total transaction of $145,120.00. Following the completion of the sale, the director owned 25,102 shares in the company, valued at approximately $1,821,401.12. The trade was a 7.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ennis Debra J. Kelly sold 5,790 shares of the business's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $72.25, for a total value of $418,327.50. Following the sale, the director owned 73,809 shares of the company's stock, valued at $5,332,700.25. The trade was a 7.27% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company's stock. 

## Altria Group Profile

(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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**Want to see what other hedge funds are holding MO?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Altria Group, Inc. (NYSE:MO - Free Report).

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**