Argent Trust Co Grows Holdings in Altria Group, Inc. $MO

NodeGuardian · 2026-02-28T19:28:04+00:00

Argent Trust Co boosted its Altria Group stake by 75.5%, now holding about 100,000 shares worth $6.61 million. Altria declared a $1.06 dividend with a 6.1% yield, yet still faced an EPS miss and revenue drop, retaining a "Hold" rating with a target price of $64.33.

NodeGuardian

2026-02-28 19:28:04

Abstract generation in progress

Argent Trust Co significantly increased its stake in Altria Group, Inc. by 75.5% in the third quarter, now holding 99,996 shares valued at approximately $6.61 million. Altria recently declared a quarterly dividend of $1.06, offering an annualized yield of 6.1%. Despite a slight EPS miss and modest revenue decline in its latest earnings report, the stock maintains a consensus “Hold” rating from analysts with an average target price of $64.33.

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