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.
Employees: 6,200
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
238% more first-time investments, than exits
New positions opened: 274 | Existing positions closed: 81
19% more funds holding in top 10
Funds holding in top 10: 16 [Q3] → 19 (+3) [Q4]
18% more repeat investments, than reductions
Existing positions increased: 830 | Existing positions reduced: 702
7% more funds holding
Funds holding: 1,964 [Q3] → 2,109 (+145) [Q4]
6% more capital invested
Capital invested by funds: $51.8B [Q3] → $55B (+$3.24B) [Q4]
0.64% more ownership
Funds ownership: 59.39% [Q3] → 60.03% (+0.64%) [Q4]
34% less call options, than puts
Call options by funds: $642M | Put options by funds: $974M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
UBS Faham Baig 33% 1-year accuracy 2 / 6 met price target | 19%downside $46 | Sell Maintained | 1 Apr 2025 |
Morgan Stanley Eric Serotta 100% 1-year accuracy 2 / 2 met price target | 6%downside $53 | Equal-Weight Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 90 articles about MO published over the past 30 days









