Tweedy Browne Co LLC Invests $941,000 in Molson Coors Beverage Company $TAP

Tweedy Browne Co LLC bought a new position in Molson Coors Beverage Company (NYSE:TAP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 20,167 shares of the company’s stock, valued at approximately $941,000.

Several other hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its position in shares of Molson Coors Beverage by 32.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after acquiring an additional 198 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of Molson Coors Beverage by 64.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after buying an additional 221 shares during the period. Hilltop Holdings Inc. boosted its holdings in shares of Molson Coors Beverage by 4.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 6,717 shares of the company’s stock valued at $304,000 after buying an additional 270 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Molson Coors Beverage by 4.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 7,284 shares of the company’s stock valued at $345,000 after buying an additional 297 shares during the period. Finally, Linden Thomas Advisory Services LLC boosted its holdings in shares of Molson Coors Beverage by 2.8% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 11,469 shares of the company’s stock valued at $519,000 after buying an additional 307 shares during the period. Institutional investors and hedge funds own 78.46% of the company’s stock.

Molson Coors Beverage Trading Up 3.6%

Molson Coors Beverage stock opened at $42.22 on Wednesday. The company has a quick ratio of 0.38, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $44.31 and a two-hundred day moving average price of $46.39. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of -3.97 and a beta of 0.44. Molson Coors Beverage Company has a 52-week low of $40.64 and a 52-week high of $57.57.

Molson Coors Beverage (NYSE:TAP) last posted its earnings results on Thursday, April 30th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.26. The firm had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.33 billion. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. Molson Coors Beverage’s revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.50 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Sell-side analysts expect that Molson Coors Beverage Company will post 4.73 earnings per share for the current year.

Molson Coors Beverage Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.47. Molson Coors Beverage’s dividend payout ratio (DPR) is presently -18.05%.

Insider Transactions at Molson Coors Beverage

In other Molson Coors Beverage news, Director Andrew Thomas Molson purchased 2,000 shares of Molson Coors Beverage stock in a transaction on Monday, March 9th. The stock was bought at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the transaction, the director owned 24,654 shares of the company’s stock, valued at $1,150,602.18. The trade was a 8.83% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.27% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Zacks Research raised shares of Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Needham & Company LLC decreased their price target on shares of Molson Coors Beverage from $52.00 to $50.00 and set a “buy” rating for the company in a report on Friday, May 1st. TD Cowen decreased their price target on shares of Molson Coors Beverage from $47.00 to $43.00 and set a “hold” rating for the company in a report on Friday, February 20th. Evercore reduced their price objective on Molson Coors Beverage from $50.00 to $47.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company reduced their price objective on Molson Coors Beverage from $52.00 to $45.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Molson Coors Beverage presently has a consensus rating of “Hold” and a consensus target price of $45.71.

About Molson Coors Beverage

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.