Thrivent Financial for Lutherans Reduces Stock Position in Molson Coors Beverage Company $TAP

Thrivent Financial for Lutherans lowered its stake in shares of Molson Coors Beverage Company (NYSE:TAP) by 72.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,526 shares of the company’s stock after selling 17,131 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Molson Coors Beverage were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Howard Capital Management Inc. boosted its holdings in Molson Coors Beverage by 23.2% in the third quarter. Howard Capital Management Inc. now owns 7,712 shares of the company’s stock worth $349,000 after purchasing an additional 1,450 shares during the period. National Pension Service bought a new position in shares of Molson Coors Beverage in the 3rd quarter worth about $809,000. Arizona State Retirement System boosted its holdings in shares of Molson Coors Beverage by 1.1% in the 3rd quarter. Arizona State Retirement System now owns 52,473 shares of the company’s stock valued at $2,374,000 after buying an additional 565 shares during the period. New York State Common Retirement Fund grew its position in shares of Molson Coors Beverage by 2.4% during the 3rd quarter. New York State Common Retirement Fund now owns 84,772 shares of the company’s stock valued at $3,836,000 after buying an additional 1,956 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in shares of Molson Coors Beverage by 5.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 7,647 shares of the company’s stock valued at $352,000 after buying an additional 388 shares during the last quarter. Institutional investors own 78.46% of the company’s stock.

Molson Coors Beverage News Summary

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q4 EPS slightly beat expectations (reported $1.21 vs. $1.17 consensus), showing some margin resilience despite revenue pressures. Read More.
• Positive Sentiment: An analyst firm raised its price target and kept an Outperform rating, a supportive signal for sentiment and potential buying interest. Read More.
• Neutral Sentiment: Management presented at the CAGNY conference; the transcript and slide deck provide more detail on cost actions, pricing, and strategic priorities—useful for modeling but not an immediate catalyst by itself. Read More.
• Neutral Sentiment: Company press release and earnings materials outline the quarter (net sales down 2.7%) and full results; these are the reference documents for detailed modeling. Read More.
• Negative Sentiment: FY‑2026 EPS guidance of $4.607–$4.823 was below the Street (consensus ~5.42), signaling an expected profit decline and prompting downward revisions to forward estimates. Read More.
• Negative Sentiment: Management warned that higher aluminum tariffs and softer, price‑sensitive consumer demand will materially pressure 2026 profit — a key near‑term headwind to margins and cash flow. Read More.
• Negative Sentiment: Top‑line softness: Q4 revenue missed estimates ($2.66B vs. ~$2.71–2.72B consensus) and net sales declined year‑over‑year, underscoring demand weakness in core markets. Read More.

Molson Coors Beverage Price Performance

Shares of Molson Coors Beverage stock opened at $50.90 on Thursday. The firm’s 50-day moving average price is $48.82 and its two-hundred day moving average price is $47.87. Molson Coors Beverage Company has a 1-year low of $42.94 and a 1-year high of $64.66. The stock has a market capitalization of $10.06 billion, a price-to-earnings ratio of -4.77 and a beta of 0.48. The company has a current ratio of 0.60, a quick ratio of 0.45 and a debt-to-equity ratio of 0.37.

Molson Coors Beverage (NYSE:TAP) last issued 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. The firm had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a positive return on equity of 8.78% and a negative net margin of 15.89%.The business’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 company posted $1.30 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, equities analysts predict that Molson Coors Beverage Company will post 6.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

TAP has been the subject of several recent research reports. Piper Sandler lowered their target price on Molson Coors Beverage from $52.00 to $50.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Sanford C. Bernstein lowered their price objective on Molson Coors Beverage from $54.00 to $50.00 and set a “market perform” rating for the company in a research note on Wednesday, November 5th. Needham & Company LLC cut their target price on Molson Coors Beverage from $58.00 to $54.00 and set a “buy” rating on the stock in a research note on Monday, November 3rd. Roth Mkm restated a “buy” rating and set a $65.00 price target (down previously from $67.00) on shares of Molson Coors Beverage in a research report on Wednesday, November 5th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Molson Coors Beverage in a report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $53.43.

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.