Mirabella Financial Services LLP Grows Stock Holdings in Molson Coors Beverage Company $TAP

Mirabella Financial Services LLP lifted its position in Molson Coors Beverage Company (NYSE:TAP) by 124.2% in the third quarter, Holdings Channel.com reports. The firm owned 28,836 shares of the company’s stock after purchasing an additional 15,974 shares during the quarter. Mirabella Financial Services LLP’s holdings in Molson Coors Beverage were worth $1,302,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of TAP. Geneos Wealth Management Inc. raised its holdings in shares of Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after buying an additional 198 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Molson Coors Beverage by 64.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock worth $27,000 after buying an additional 221 shares during the last quarter. Hilltop Holdings Inc. boosted its stake in Molson Coors Beverage by 4.2% in the third quarter. Hilltop Holdings Inc. now owns 6,717 shares of the company’s stock worth $304,000 after buying an additional 270 shares in the last quarter. Linden Thomas Advisory Services LLC grew its position in Molson Coors Beverage by 2.8% during the third quarter. Linden Thomas Advisory Services LLC now owns 11,469 shares of the company’s stock valued at $519,000 after acquiring an additional 307 shares during the last quarter. Finally, MAI Capital Management raised its stake in shares of Molson Coors Beverage by 3.8% during the second quarter. MAI Capital Management now owns 8,668 shares of the company’s stock worth $417,000 after acquiring an additional 314 shares in the last quarter. 78.46% of the stock is currently owned by institutional investors.

Insider Activity at Molson Coors Beverage

In other news, Director Andrew Thomas Molson acquired 2,000 shares of the stock in a transaction dated Monday, March 9th. The stock was purchased at an average cost of $46.67 per share, with a total value of $93,340.00. Following the completion of the purchase, the director owned 24,654 shares in the company, valued at approximately $1,150,602.18. The trade was a 8.83% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. TD Cowen lowered their price objective 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. Jefferies Financial Group set a $45.00 target price on shares of Molson Coors Beverage in a report on Thursday, February 19th. UBS Group set a $52.00 target price on shares of Molson Coors Beverage in a research report on Friday, February 20th. BNP Paribas Exane downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price target for the company. in a research note on Friday, January 16th. Finally, Roth Mkm set a $58.00 price target on shares of Molson Coors Beverage in a research report on Thursday, February 19th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Molson Coors Beverage currently has an average rating of “Hold” and a consensus price target of $51.35.

Molson Coors Beverage Stock Performance

NYSE:TAP opened at $42.35 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.42 and a current ratio of 0.55. Molson Coors Beverage Company has a fifty-two week low of $41.83 and a fifty-two week high of $63.50. The firm has a market cap of $7.96 billion, a PE ratio of -3.90 and a beta of 0.49. The business has a 50 day moving average price of $48.58 and a 200-day moving average price of $47.23.

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

Molson Coors Beverage Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be given a $0.48 dividend. The ex-dividend date is Friday, March 6th. This is a positive change 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 4.5%. Molson Coors Beverage’s dividend payout ratio is presently -17.70%.

Molson Coors Beverage 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.