Altria Group, Inc. (MO)

In the past six months, Altria's stock has outperformed the S&P 500, despite revenue declines in its traditional tobacco businesses. Altria increased its regular quarterly dividend by 3.9% to $1.06 per share in August 2024, and again by 4.1% to $1.02 per share in 2025. The company reaffirmed its full-year guidance for adjusted diluted EPS in the range of $5.30 to $5.45, representing a 2% to 5% growth rate from 2024. For the second quarter of 2025, Altria narrowed its full-year adjusted diluted EPS guidance to a range of $5.35 to $5.45. In its 2025 fourth-quarter and full-year results, Altria provided 2026 full-year adjusted diluted EPS guidance in the range of $5.56 to $5.72, reflecting a growth rate of 2.5% to 5.5% from a 2025 base of $5.42. The acquisition of NJOY Holdings, Inc. was completed on June 1, 2023, which has impacted its e-vapor segment.

There is no explicit mention of significant demand seasonality for Altria Group, Inc.'s products and services. The company's financial reports discuss quarterly performance and changes in shipment volumes, which can be influenced by various market dynamics and consumer behaviors rather than distinct seasonal patterns.

Altria Group, Inc. is an American corporation focused on producing and marketing tobacco, cigarettes, and medical products related to tobacco-caused illnesses. It operates in the Food, Drink & Tobacco sector, primarily in Cigarette & Tobacco Manufacturing and Wholesaling. Altria's product portfolio includes brands like Marlboro, Black & Mild, Copenhagen, and Skoal. The company is expanding into smoke-free alternatives such as on! oral nicotine pouches and NJOY ACE e-vapor products and holds stakes in AB InBev and Cronos Group.

Altria Group, Inc. operates worldwide, with its headquarters in Richmond, Virginia, U.S. Its primary market for tobacco and nicotine products is the United States.

In the past year, Altria has emphasized its vision of "Moving Beyond Smoking," focusing on harm reduction and smoke-free options. The company acquired NJOY Holdings, Inc. in June 2023 and has a joint venture with Japan Tobacco for Horizon Innovations LLC to sell Ploom heated tobacco sticks in the U.S. Altria faces challenges related to declining smoking rates and market share erosion in its traditional combustible and oral tobacco products, though Marlboro maintained a significant retail share.

Altria Group, Inc. has a substantial institutional ownership base. As of April 9, 2026, 2403 institutional owners and shareholders have filed 13D/G or 13F forms, holding a total of 1,038,174,514 shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Charles Schwab Investment Management Inc, Geode Capital Management, Llc, GQG Partners LLC, Morgan Stanley, Ameriprise Financial Inc, Capital World Investors, and Northern Trust Corp.