Meiji Yasuda Asset Management Trims Altria Group Stake

Investment firm reduces holdings in tobacco company by over 50%

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

Meiji Yasuda Asset Management Co Ltd. has reduced its position in shares of Altria Group, Inc. (NYSE:MO) by 50.1% during the 3rd quarter, according to a recent 13F filing. The firm now owns 41,492 shares of the company's stock, valued at $2.74 million at the end of the reporting period.

Why it matters

Altria Group is one of the largest tobacco companies in the United States, and changes in institutional ownership of its stock can signal shifts in investor sentiment towards the company and the broader tobacco industry.

The details

Meiji Yasuda Asset Management Co Ltd. sold 41,740 shares of Altria Group during the 3rd quarter, reducing its total holdings to 41,492 shares. The firm cited unspecified reasons for the reduction in its Altria position. Altria's stock price has fluctuated between $52.82 and $70.51 over the past 52 weeks, closing at $66.48 on Monday.

  • Meiji Yasuda Asset Management Co Ltd. reported the changes in its Altria Group holdings in a 13F filing for the 3rd quarter of 2026.
  • Altria Group paid a quarterly dividend of $1.06 per share on April 30, 2026 to shareholders of record as of March 25, 2026.

The players

Meiji Yasuda Asset Management Co Ltd.

An investment management firm based in Japan that has reduced its holdings in Altria Group by over 50% in the 3rd quarter of 2026.

Altria Group, Inc.

A major U.S. tobacco company that produces and markets cigarettes, smokeless tobacco, and cigars, including the iconic Marlboro brand.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Meiji Yasuda's Altria Group holdings reflects broader uncertainty around the tobacco industry as consumer preferences and regulatory environments continue to evolve. However, Altria remains a major player in the U.S. market, and changes in institutional ownership of its stock can provide insights into investor sentiment towards the company.