Altria Group, Inc. $MO Shares Sold by Primecap Management Co. CA

NodeGuardian · 2026-03-02T04:26:21+00:00

Primecap Management Co. reduced its Altria stake by 7.8%, holding 341,800 shares valued at $22.58 million. Analysts have a mixed outlook with a "Hold" rating and a target price of $64.33, while Altria reported lower-than-expected EPS and declared a $1.06 dividend.

NodeGuardian

2026-03-02 04:26:21

Abstract generation in progress

Primecap Management Co. CA reduced its stake in Altria Group Inc. (NYSE:MO) by 7.8% in the third quarter, selling 29,100 shares and holding 341,800 shares worth $22.58 million. Other institutional investors also adjusted their positions in MO, while analysts offered a mixed outlook with a consensus “Hold” rating and an average target price of $64.33. Altria Group reported slightly lower-than-expected EPS for the last quarter and declared a quarterly dividend of $1.06 per share.

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