MO · News · 20260816N

Guidance / Outlook

ALTRIA GROUP, INC. · 2026-08-16 · Importance 47 · Surprise 60

Altria lowered its full-year 2026 earnings guidance after missing second-quarter financial expectations. The reported shortfall prompted a shareholder investigation focused on whether Altria adequately disclosed financial risks tied to its smoke-free product strategy. The investigation also addresses the company’s expectations for FDA authorization of smoke-free products.

Key facts

• Ascentis Independent Advisors reduced its stake in Altria Group by 94.3% in the second quarter, selling 75,006 shares and retaining 4,574 shares. source
• Hourglass Capital LLC increased its stake in Altria Group by 33.5% in the second quarter and now holds 78,090 shares valued at $5.62 million. source
• Assetmark Inc. has $191.92 Million holdings in Altria Group, Inc. source
• Altria Group reported a 1.2% year-over-year revenue increase for the most recent quarter. source
• Directors Ellen R. Strahlman and Ennis Debra J. Kelly sold shares of Altria Group in May. source
• Pictet Asset Management Holding SA increased its stake in Altria Group by 3.4% in the second quarter to 795,152 shares valued at $57.21 million. source
• Institutional investors collectively own 57.41% of Altria Group, Inc. source
• Altria Group reported earnings per share of $1.48 for the last quarter. source