Altria Group, Inc. (MO) stock is grabbing significant attention from institutional investors, with the likes of Goldstone Financial Group LLC, Verity & Verity LLC, and Ritholtz Wealth Management actively expanding their holdings. However, certain entities such as Hennessy Advisors Inc. and Greenfield Savings Bank trimmed their stakes in the company with unspecified motives. Altria Group is presenting a favourable performance in the broader consumer staples market, exerting consistent upward pressure on its
stock price which has risen by up to 1.1% at times. The company is also witnessing a surge in
trading volume. Altria's Q4 2024 earnings call, led by CEO Billy Gifford, is anticipated with keen interest. Alongside consistent gains, the company is catching investors' eyes with its strategic focus shift to
e-vapor and nicotine pouches. Predictions of Altria Group potentially becoming a
multi-bagger are circulating. The firm is training its sights on
enhanced dividend payouts by 2025. Lastly, Altria recently declared a regular quarterly
dividend of $1.02 per share, reinforcing its position as a high-yielding dividend stock.
Altria Group MO News Analytics from Tue, 02 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 14:26:38 GMT -
Rating 8
- Innovation 3
- Information 7
- Rumor 1
