A new SEC filing for Altria Group Inc. (MO) disclosed financial results for the quarter ending 30 June 2026. Trailing twelve-month revenue stood at approximately $23.46 billion, representing year-over-year revenue growth of 0.15% [Brief - 2026-09-11]. The filing period captured Altria's continued operations across its tobacco and adjacent product segments, with updated disclosures forming the basis of this report [SEC 10-Q - MO - 2026-06-30].
Altria's trailing twelve-month net income reached $7.97 billion against TTM revenue of $23.46 billion, yielding a net margin of 33.99% and a gross margin of 62.96% [SEC 10-Q - MO - 2026-06-30]. Operating margin stood at 46.78%. EPS declined 2.84% year-over-year. The company held $2.37 billion in cash against total debt of $24.58 billion. Market capitalisation was recorded at approximately $116.4 billion, with a price-to-earnings ratio of 14.64 [SEC 10-Q - MO - 2026-06-30].
Insider activity over the past 30 days comprised one transaction, directionally characterised as buying, with a net value of approximately $101,430 [SEC Form 4 - MO - 2026-09]. On the institutional side, four notable firms opened new positions in MO during the most recent reporting period: Citadel, AQR Capital, Millennium, and Bridgewater all initiated holdings, representing material additions to the institutional ownership base [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].
The prevailing macro environment reflects a 10-year US Treasury yield of 4.94% and a 2-year yield of 4.67%, producing a normal yield curve spread of 27 basis points [FRED DGS10] [FRED DGS2]. These conditions form part of the broader interest rate environment relevant to companies carrying significant debt loads, such as Altria's reported total debt of $24.58 billion [SEC 10-Q - MO - 2026-06-30].
This report was generated in response to material institutional position changes, specifically the simultaneous opening of new positions by four significant asset managers, as disclosed in the most recent round of 13F filings [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].