Molson Coors Beverage (NYSE:TAP) Director Andrew Thomas Molson Buys 2,000 Shares

Molson Coors Beverage Company (NYSE:TAP) Director Andrew Thomas Molson purchased 2,000 shares of the stock in a transaction on Monday, March 9th. The shares were purchased at an average cost of $46.67 per share, with a total value of $93,340.00. Following the transaction, the director owned 24,654 shares in the company, valued at $1,150,602.18. This trade represents a 8.83% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Molson Coors Beverage Stock Down 0.4%

Molson Coors Beverage stock opened at $45.85 on Wednesday. The business’s 50-day simple moving average is $49.08 and its two-hundred day simple moving average is $47.56. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.42 and a current ratio of 0.55. The company has a market cap of $8.62 billion, a PE ratio of -4.23 and a beta of 0.49. Molson Coors Beverage Company has a fifty-two week low of $42.94 and a fifty-two week high of $63.50.

Molson Coors Beverage (NYSE:TAP) last released its earnings results on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.04. Molson Coors Beverage had a positive return on equity of 9.04% and a negative net margin of 16.41%.The firm had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter in the previous year, the company posted $1.30 earnings per share. The company’s revenue was down 2.7% compared to the same quarter last year. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Equities analysts anticipate that Molson Coors Beverage Company will post 6.35 EPS for the current year.

Molson Coors Beverage Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a $0.48 dividend. The ex-dividend date is Friday, March 6th. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.2%. Molson Coors Beverage’s dividend payout ratio (DPR) is currently -17.70%.

Analyst Ratings Changes

TAP has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Molson Coors Beverage in a research note on Monday, December 29th. Wells Fargo & Company dropped their target price on Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating on the stock in a report on Thursday, February 19th. Piper Sandler reduced their price target on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Jefferies Financial Group set a $45.00 price target on Molson Coors Beverage in a report on Thursday, February 19th. Finally, Roth Mkm set a $58.00 price objective on shares of Molson Coors Beverage in a research note on Thursday, February 19th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $51.35.

Institutional Trading of Molson Coors Beverage

A number of institutional investors and hedge funds have recently made changes to their positions in the business. GoalVest Advisory LLC acquired a new stake in Molson Coors Beverage in the 4th quarter valued at $25,000. SBI Securities Co. Ltd. raised its position in Molson Coors Beverage by 84.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 534 shares of the company’s stock worth $25,000 after acquiring an additional 244 shares during the period. Root Financial Partners LLC purchased a new position in Molson Coors Beverage during the third quarter valued at $25,000. Clearstead Trust LLC grew its position in shares of Molson Coors Beverage by 952.8% in the second quarter. Clearstead Trust LLC now owns 558 shares of the company’s stock valued at $27,000 after purchasing an additional 505 shares during the period. Finally, Basepoint Wealth LLC purchased a new stake in shares of Molson Coors Beverage during the fourth quarter worth about $26,000. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.