First County Bank CT Boosts Altria Group Holdings by 278%

The Connecticut-based bank significantly increased its stake in the tobacco giant during the fourth quarter.

Mar. 28, 2026 at 8:51am

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First County Bank CT, an institutional investor, boosted its holdings in shares of Altria Group, Inc. (NYSE:MO) by 278.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The bank now owns 20,908 shares of the company's stock, worth approximately $1.2 million.

Why it matters

Altria Group is one of the largest tobacco companies in the United States, with a portfolio that includes iconic cigarette brands like Marlboro. The significant increase in First County Bank CT's Altria holdings suggests the bank sees long-term value in the stock, despite ongoing regulatory and public health concerns around the tobacco industry.

The details

According to the SEC filing, First County Bank CT acquired an additional 15,386 shares of Altria Group during the fourth quarter, bringing its total holdings to 20,908 shares. This represents a 278.6% increase in the bank's position. Altria Group's stock price has fluctuated in recent years due to factors like declining cigarette sales, vaping regulations, and litigation, but the company remains a major player in the U.S. tobacco market.

  • First County Bank CT filed its Q4 2025 13F report with the SEC on March 28, 2026.
  • The bank increased its Altria Group holdings during the fourth quarter of 2025.

The players

First County Bank CT

A Connecticut-based institutional investor that manages a portfolio of stocks and other assets.

Altria Group, Inc.

A major U.S. tobacco company that owns the Marlboro cigarette brand and other tobacco products.

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What’s next

Investors will be closely watching Altria Group's upcoming earnings report and any updates on regulatory actions or litigation that could impact the company's business.

The takeaway

First County Bank CT's significant increase in Altria Group holdings suggests the bank sees long-term value in the stock, even as the tobacco industry faces headwinds from declining cigarette sales, vaping regulations, and legal challenges.