Alpha Omega Wealth Management LLC Decreases Position in Molson Coors Beverage Company $TAP

Alpha Omega Wealth Management LLC decreased its stake in Molson Coors Beverage Company (NYSE:TAP) by 27.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,287 shares of the company’s stock after selling 23,729 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Molson Coors Beverage were worth $2,954,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Dodge & Cox boosted 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 worth $843,063,000 after buying an additional 4,235,029 shares during the period. State Street Corp boosted its position in shares of 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 buying an additional 1,693,682 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of 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 buying an additional 1,195,249 shares during the period. Invesco Ltd. boosted its position in shares of 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 buying an additional 152,859 shares during the period. Finally, Royal London Asset Management Ltd. boosted its holdings 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 valued at $98,297,000 after purchasing an additional 1,554,851 shares during the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Insider Transactions at Molson Coors Beverage

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

Wall Street Analyst Weigh In

TAP has been the subject of a number of analyst reports. BNP Paribas Exane downgraded Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price target for the company. in a report on Friday, January 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Molson Coors Beverage in a report on Friday, March 27th. 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 report on Thursday, February 19th. Wells Fargo & Company reduced their price target on Molson Coors Beverage from $52.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Zacks Research downgraded Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $47.29.

Molson Coors Beverage Trading Up 1.6%

Shares of TAP opened at $44.61 on Friday. The company has a market capitalization of $8.38 billion, a P/E ratio of -4.11 and a beta of 0.50. Molson Coors Beverage Company has a one year low of $41.04 and a one year high of $61.41. 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 stock has a 50-day moving average price of $46.75 and a 200 day moving average price of $46.63.

Molson Coors Beverage (NYSE:TAP) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, beating 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 $2.03 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter in the prior year, the firm posted $1.30 earnings per share. Molson Coors Beverage’s revenue for the quarter 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 fiscal year.

Molson Coors Beverage Increases Dividend

The company also recently disclosed 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. The ex-dividend date was Friday, March 6th. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 annualized dividend and a yield of 4.3%. Molson Coors Beverage’s payout ratio is currently -17.70%.

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.