First Citizens Bank & Trust 13F: Cuts Altria (MO) Stake by $4.4M

The bank reduced its holdings in Altria Group by 16.8%, reflecting a significant change in its investment.

By EarningsIQ Research Desk · Published Oct 15, 2026, 9:40 PM EDT · Updated Oct 15, 2026, 9:44 PM EDT

Reviewed by automated data checks against the source filing. How we make and check alerts

First Citizens Bank & Trust sold 64,907 shares from its stake in Altria Group, Inc. ($MO), a 16.79% decrease, according to a 13F filing with the SEC dated October 14, 2026. It reported 321,708 shares worth $21.66 million at the end of the quarter.

Since the filing, $MO is up 2.7% to date (from the $73.13 close on Oct 14, 2026).

Find the original: First Citizens Bank & Trust 13F filings on SEC EDGAR

MO Altria Group, Inc.

$75.11 +37.41% year to date

Daily close · Oct 16, 2026

Key Points

First Citizens Bank & Trust reduced its Altria Group position by 16.8%, selling 64,907 shares to hold 321,708 shares worth $21.7 million.
Altria Group, a major player in the tobacco industry, has a market cap of $114.4 billion and a P/E ratio of 14.43, with a 52-week high of $77.06.
The company offers a dividend yield of 6.48% with a payout ratio of 89.26%, and analysts have a hold recommendation with a target price of $70.

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First Citizens Bank & Trust has reduced its stake in Altria Group, Inc. (NYSE: MO) by 16.8%, according to a recent SEC filing. The bank sold 64,907 shares during the reporting period, bringing its total holdings to 321,708 shares valued at approximately $21.7 million.

13F track record

First Citizens Bank & Trust vs. the S&P 500

YTD return +4.17% hypothetical

All-time return +4.17% S&P 500 +4.11%

vs. S&P 500 +0.06% ahead of the index

Hypothetical returns from First Citizens Bank & Trust's disclosed trades, not real profit or advice. How we model this.

What Changed in First Citizens Bank & Trust's Altria Group Position

First Citizens Bank & Trust trimmed its holdings in Altria Group from 386,615 shares to 321,708 shares, a reduction of 64,907 shares. The value of the position now stands at $21.7 million. This move reflects a 16.8% decrease in their stake.

Altria Group, Inc. Stock Up 1.2%

Shares of Altria Group, Inc. traded near their previous close of $69.52 on Friday. The company, with a market cap of $114.4 billion, operates in the tobacco industry and has a P/E ratio of 14.43. Altria's stock has seen a 52-week low of $54.70 and a high of $77.06, with a 50-day moving average of $69.17 and a 200-day moving average of $66.92. The company's beta is 0.494, indicating lower volatility compared to the market.

Recent Earnings

Altria Group reported revenue of $20.44 billion, with a modest growth rate of 1.2%. The company's earnings per share (EPS) is $4.75, and it maintains a net margin of 39%. Investors can look forward to the next earnings report on October 29, 2026.

Dividend

Altria offers an attractive dividend, with an annual rate of $4.44 per share and a yield of 6.48%. The dividend payout ratio stands at 89.26%, indicating a substantial portion of earnings is returned to shareholders.

About Altria Group

Altria Group, Inc. is a leading tobacco company based in Richmond, Virginia. It produces and sells smokeable and oral tobacco products in the United States, including well-known brands like Marlboro, Copenhagen, and Skoal. With a history dating back to 1822, Altria employs around 5,900 people and is led by CEO Mr. Salvatore Mancuso.

Bottom Line

First Citizens Bank & Trust's decision to reduce its stake in Altria Group by 16.8% is notable for investors tracking institutional movements. Altria remains a significant player in the tobacco industry, with a solid market presence and a strong dividend offering. As always, 13F filings reflect past positions and may not indicate current holdings.

More on this

Source: First Citizens Bank & Trust's 13F filing on $MO (Oct 14, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: First Citizens Bank & Trust 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts