MO
Altria Group, Inc.Evidence as of 2026-09-03Overview · Altria Group, Inc.
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches. It sells its tobacco…
Management team
- Ms. Heather A. Newman · Senior VP and Chief Strategy & Growth OfficerFind on LinkedIn
- Mr. Robert A. McCarter III, J.D. · Executive VP & General CounselFind on LinkedIn
- Mr. Jody L. Begley · Executive VP & COOFind on LinkedIn
- Mr. Salvatore Mancuso · Executive VP & CFOFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.1 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The evidence balance is Mixed (+0.1 of a possible +2; was +0.1 before debate) · confidence high. Altria reported revenue of $ 5,428,000,000 for Q1 2026 (fiscal quarter ended 2026-04-22) and $ 6,111,000,000 for Q2 2026 (fiscal quarter ended 2026-07-22), versus $ 6,102,000,000 for Q2 2025 (fiscal quarter ended 2025-07-23) and $ 6,072,000,000 for Q3 2025 (fiscal quarter ended 2025-10-22). Gross profit, operating income and net income for Q2 2026 were each slightly below comparable 2025 quarters: gross profit $ 3,826,000,000 versus $ 3,850,000,000 in Q2 2025; operating income $ 3,136,000,000 versus $ 3,230,000,000; net income $ 2,298,000,000 versus $ 2,378,000,000.
Balance-sheet items show modest debt reduction from $ 25,709,000,000 as of 2025-12-31 to $ 24,577,000,000 as of 2026-06-30 while cash fell from $ 4,474,000,000 to $ 2,367,000,000 over the same dated snapshots; stockholders’ equity moved from negative $ 3,502,000,000 to negative $ 2,668,000,000. Market and valuation signals include a trailing-twelve-month dividend yield of +6.10% (97th percentile), P/FCF 10.87, P/E 12.67, EV/EBITDA 10.81, elevated short-term volatility (30‑day annualized +37.2%), negative beta (‑0.51), and mixed momentum with price slightly below the 50‑day SMA (‑0.6%) but above the 200‑day SMA (+7.0%) with a golden cross present.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue was $5,428,000,000 for fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo) and $6,111,000,000 for fiscal Q2 2026 (2026-04-01 to 2026-06-30, 3mo), versus $6,102,000,000 for fiscal Q2 2025 (2025-04-01 to 2025-06-30, 3mo) and $6,072,000,000 for fiscal Q3 2025 (2025-07-01 to 2025-09-30, 3mo).
XBRL companyfacts · 0000764180-26-000058Gross profit was $3,506,000,000 in fiscal Q1 2026 and $3,826,000,000 in fiscal Q2 2026, compared with $3,850,000,000 in fiscal Q2 2025 and $3,812,000,000 in fiscal Q3 2025.
XBRL companyfacts · 0000764180-26-000058Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
An 8-K filing for Altria Group, Inc. was filed on 2026-08-28 (the current report dated 2026-08-28).
8-K filed 2026-08-28The provided evidence record shows the 8-K's parse_status as 'pending' and primary_doc_url as null, indicating the submission document text is not available in this evidence set.
8-K filed 2026-08-28Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
The trailing-twelve-month dividend yield is +6.10% and ranks in the 97th percentile of the 547-stock research universe, indicating a yield well above most peers.
Moneyta signal set · 2026-09-02Short- and medium-term momentum metrics are mixed: momentum_3m is +0.5%, momentum_6m is +5.4% (46th percentile of 547), and momentum_12_1 is +17.7% (53th percentile of 547), placing these momentum measures near the middle of the universe.
Moneyta signal set · 2026-09-02weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02T13:45:47.228469+00:00, MO was held in the IVV ETF at 0.19% of that fund's weight.
ETF constituents · market dataThe provided evidence contains no insider Form 4 filing events for MO.
ETF constituents · market dataReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple outlets ran headlines noting Altria declared its 61st dividend increase in 57 years and discussed the income that a $10,000 investment would now generate.
News · finance.yahoo.com · 2026-09-02Coverage includes positive product- and strategy-focused pieces portraying 'smoke-free momentum' around Altria and related product narratives.
News · kalkinemedia.com · 2026-09-01Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model shows an implied free cash flow (FCF) growth rate of -5.09% (i.e., -0.0509), meaning today's price would be consistent with declining FCF under the stated discount and terminal assumptions.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve-month price-to-free-cash-flow (P/FCF) is 10.87 and price-to-earnings (P/E) is 12.67 based on the inputs provided.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
Several company-reported and market signals jointly support a favorable read: Altria shows strong cash-generation history (TTM FCF $10.684B, P/FCF 10.87, EV/EBITDA 10.81) alongside a very high trailing dividend yield (6.10%, 97th percentile) and a newly reported dividend increase, which together indicate income-focused investor appeal. Balance-sheet trends show modest deleveraging (long-term debt down from $25.709B to $24.577B) and improving stockholders’ equity (negative but becoming less negative), while share count has declined (1.684B to 1.670B), supporting per-share metrics over time; these items are sourced to the company’s filings and the valuation model. Market technicals (price >200-day SMA, golden cross) and product/strategy coverage highlighting smoke-free momentum and on! PLUS provide contemporaneous market and narrative support for a favorable framing. While there are contemporaneous headwinds in quarterly revenue and EPS versus year-ago quarters and a drop in cash balances, the combination of strong FCF, reasonable valuation multiples, a rising dividend, debt reduction, and share-count shrinkage constitutes a set of corroborating signals; the evidence is primarily company filings and standardized market signals, which are direct and verifiable but represent historical reported data.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.38
29 surviving claims rest on 13 distinct sources; the heaviest analyst carries 34% of them, and 98% of what the desk raised survived the debate.
The evidence set is moderately diverse but leans on a few dominant contributors: 13 distinct sources supply 29 surviving claims, and a single analyst accounts for about a third of those claims. The very high survival rate from desk debate suggests the read is stable within the team, but analyst concentration and a limited source count mean this read should carry caution when used as a single decisive input.
Peer context · computed, not argued
12-1 momentum ranks 2nd of 2 in Tobacco (as of 2026-09-02).
6-month relative strength ranks 2nd of 2 in Tobacco (as of 2026-09-02).
90-day volatility ranks 1st of 2 in Tobacco (as of 2026-09-02).
dividend yield ranks 1st of 2 in Tobacco (as of 2026-09-02).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
14 filings· 1 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.0 to the score
1 document
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.0 to the score
1 holdings record
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on MO Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.