Altria Group, Inc. (MO)

Altria Group's stock experienced several notable events in the past six months. In Q1 2025, Altria reported earnings of $1.08 billion, with net revenue falling 5.7% to $5.26 billion, while cigarette shipment volume declined and nicotine pouch shipment volume rose. In Q2 2025, Altria announced better-than-expected revenue of $5.29 billion and adjusted EPS of $1.44, with the oral tobacco products segment seeing a revenue increase and domestic cigarette shipment volume decreasing; the company also raised its full-year adjusted diluted EPS guidance. Altria increased its quarterly dividend multiple times in 2025. Altria returned approximately $3.5 billion to shareholders through dividends and share repurchases in the first half of 2025 and announced a new $1 billion share repurchase program. As of October 2, 2025, Altria's stock was down 2.06% over the past 30 days but up 29.97% for the past 12 months and was up 25.02% year-to-date as of October 6, 2025.

Demand for Altria Group's products exhibits some seasonality, particularly in traditional tobacco categories. Cigarette sales typically show a seasonal pattern with a drop in the winter and an increase during the summer. Demand for oral nicotine pouches has shown consistent growth. Reported cigar shipment volume increased, with John Middleton performing well, while Black & Mild sales fell.

Altria Group, Inc. is an American corporation focused on manufacturing and selling tobacco and nicotine products in the United States, with investments in other sectors. It operates in the consumer non-cyclicals sector, specifically the tobacco industry, with subsidiaries like Philip Morris USA and U.S. Smokeless Tobacco Company. Its major products include Marlboro cigarettes, Black & Mild cigars, and Copenhagen and Skoal smokeless tobacco. Altria also offers on! oral nicotine pouches and NJOY ACE e-vapor products in the smoke-free category and holds an 8% interest in Anheuser-Busch InBev and a 41% stake in Cronos Group.

Altria Group, Inc. primarily operates within the United States market through its subsidiaries, focusing on domestic manufacturing and sales. Altria is exploring international expansion for its "on!" and Loop brands through a non-binding Global Collaboration Memorandum of Understanding with South Korean counterpart KT&G.

Altria's brand reputation has been shaped by its strategic shift towards smoke-free products and challenges in the tobacco industry. The "on!" brand has boosted Altria's reputation in the reduced-risk product category, with increased shipments and retail share. The widespread availability of illicit disposable e-vapor products has negatively impacted the e-vapor category and Altria's NJOY targets. Altria is subject to a federal court order requiring public statements about the adverse health effects of smoking.

Altria Group, Inc. has a mixed ownership structure including institutional, retail, and individual investors. Institutional investors hold a significant portion, approximately 51.76% to 63% of the company's stock, with major shareholders including Vanguard Group Inc. and BlackRock, Inc. Insiders own less than 1% of the company's shares, and the general public holds around 36% ownership.