Aquatic Capital Management LLC Buys New Stake in Molson Coors Beverage Company $TAP

Aquatic Capital Management LLC bought a new position in Molson Coors Beverage Company (NYSE:TAP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 184,866 shares of the company’s stock, valued at approximately $8,365,000. Aquatic Capital Management LLC owned 0.09% of Molson Coors Beverage at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TAP. Root Financial Partners LLC acquired a new position in shares of Molson Coors Beverage during the 3rd quarter worth about $25,000. Clearstead Trust LLC increased its position in Molson Coors Beverage by 952.8% in the 2nd quarter. Clearstead Trust LLC now owns 558 shares of the company’s stock worth $27,000 after buying an additional 505 shares during the period. Smartleaf Asset Management LLC increased 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 period. Geneos Wealth Management Inc. lifted its holdings in shares of Molson Coors Beverage by 32.9% during the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after buying an additional 198 shares during the last quarter. Finally, Huntington National Bank lifted its holdings in shares of Molson Coors Beverage by 45.8% during the third quarter. Huntington National Bank now owns 1,165 shares of the company’s stock worth $53,000 after buying an additional 366 shares during the last quarter. 78.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group set a $45.00 price objective on shares of Molson Coors Beverage in a research note on Thursday, February 19th. Roth Mkm set a $58.00 target price on shares of Molson Coors Beverage in a research note on Thursday, February 19th. Piper Sandler reduced their price target on shares of Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Thursday, February 19th. Weiss Ratings restated a “sell (d)” rating on shares of Molson Coors Beverage in a research report on Monday, December 29th. Finally, Barclays restated an “underweight” rating and set a $49.00 price objective on shares of Molson Coors Beverage in a report on Friday, January 16th. 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 company’s stock. According to MarketBeat.com, Molson Coors Beverage presently has an average rating of “Hold” and an average target price of $51.35.

Molson Coors Beverage Stock Performance

TAP opened at $43.62 on Monday. The stock’s 50 day simple moving average is $48.91 and its 200-day simple moving average is $47.42. The company has a current ratio of 0.55, a quick ratio of 0.42 and a debt-to-equity ratio of 0.37. The stock has a market cap of $8.20 billion, a PE ratio of -4.02 and a beta of 0.49. Molson Coors Beverage Company has a 1 year low of $42.94 and a 1 year high of $63.50.

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 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 analysts’ expectations of $2.71 billion. During the same period last year, the business earned $1.30 earnings per share. Molson Coors Beverage’s quarterly 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. Sell-side analysts forecast 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 issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, March 6th. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.47. Molson Coors Beverage’s payout ratio is -17.70%.

Insider Activity at Molson Coors Beverage

In other Molson Coors Beverage news, Director Andrew Thomas Molson bought 2,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were acquired at an average cost of $46.67 per share, for a total transaction of $93,340.00. Following the transaction, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 2.71% of the company’s stock.

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.