Aaron Wealth Advisors LLC Purchases Shares of 20,548 Molson Coors Beverage Company $TAP

Aaron Wealth Advisors LLC acquired a new stake in Molson Coors Beverage Company (NYSE:TAP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 20,548 shares of the company’s stock, valued at approximately $959,000.

Several other large investors have also made changes to their positions in the business. Dodge & Cox lifted its position in shares of Molson Coors Beverage by 29.4% in the third quarter. Dodge & Cox now owns 18,631,224 shares of the company’s stock valued at $843,063,000 after acquiring an additional 4,235,029 shares in the last quarter. State Street Corp grew its position in Molson Coors Beverage by 19.2% in the third quarter. State Street Corp now owns 10,516,810 shares of the company’s stock worth $475,886,000 after acquiring an additional 1,693,682 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Molson Coors Beverage by 22.9% in the third quarter. Dimensional Fund Advisors LP now owns 6,425,043 shares of the company’s stock worth $290,741,000 after acquiring an additional 1,195,249 shares in the last quarter. Invesco Ltd. grew its position in Molson Coors Beverage by 3.6% in the third quarter. Invesco Ltd. now owns 4,430,544 shares of the company’s stock worth $200,482,000 after acquiring an additional 152,859 shares in the last quarter. Finally, Royal London Asset Management Ltd. grew its position in Molson Coors Beverage by 317.9% in the second quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock worth $98,297,000 after acquiring an additional 1,554,851 shares in the last quarter. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

Molson Coors Beverage Stock Performance

Shares of NYSE:TAP opened at $43.91 on Thursday. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of -4.05 and a beta of 0.50. Molson Coors Beverage Company has a 52 week low of $41.04 and a 52 week high of $61.61. The company has a quick ratio of 0.42, a current ratio of 0.55 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $46.80 and a 200 day moving average of $46.65.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.04. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. Molson Coors Beverage’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.30 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, sell-side analysts predict that Molson Coors Beverage Company will post 6.35 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 4.4%. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend was Friday, March 6th. Molson Coors Beverage’s payout ratio is presently -17.70%.

Insider Buying and Selling

In other Molson Coors Beverage news, Director Andrew Thomas Molson acquired 2,000 shares of Molson Coors Beverage stock in a transaction that occurred on Monday, March 9th. The stock was bought at an average price of $46.67 per share, with a total value of $93,340.00. Following the completion of the purchase, the director directly owned 24,654 shares of the company’s stock, valued at approximately $1,150,602.18. This represents a 8.83% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.71% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TAP has been the subject of several recent research reports. Wells Fargo & Company dropped their price target 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. Zacks Research lowered Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research report on Friday, February 20th. Jefferies Financial Group set a $45.00 price target on Molson Coors Beverage in a research report on Thursday, February 19th. Bank of America downgraded shares of Molson Coors Beverage from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $50.00 to $42.00 in a research note on Wednesday, February 25th. Finally, Needham & Company LLC decreased their price objective on shares of Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, Molson Coors Beverage currently has a consensus rating of “Reduce” and an average price target of $47.29.

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.