Altria Group saw rising institutional investment and beat Q3 earnings estimates, with a consensus analyst rating of "Hold."

Altria Group, Inc. saw increased institutional investment in the third quarter of 2019, with several firms raising their stakes. The company reported Q3 earnings of $1.38 per share, exceeding estimates, and revenue up 18.6% year-over-year. Analyst ratings vary, with a consensus "Hold" and an average price target of $51.33. Altria manufactures tobacco products like Marlboro cigarettes and is expanding into e-vapor products.

December 01, 2024
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