Molson Coors Beverage (NYSE:TAP) Price Target Lowered to $41.00 at Deutsche Bank Aktiengesellschaft

Molson Coors Beverage (NYSE:TAP) had its price objective reduced by Deutsche Bank Aktiengesellschaft from $45.00 to $41.00 in a report issued on Monday,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the stock.

Several other equities research analysts also recently issued reports on the company. Jefferies Financial Group set a $45.00 price target on Molson Coors Beverage in a report on Thursday, February 19th. Zacks Research downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. UBS Group set a $52.00 price objective on shares of Molson Coors Beverage in a research report on Friday, February 20th. Wells Fargo & Company cut their target price on shares of Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating for the company in a research note on Thursday, February 19th. Finally, TD Cowen reduced their target price 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. Five 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 stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $50.27.

Molson Coors Beverage Price Performance

Shares of NYSE TAP opened at $42.94 on Monday. 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 business’s 50 day moving average price is $47.56 and its two-hundred day moving average price is $46.81. The company has a market cap of $8.07 billion, a PE ratio of -3.96 and a beta of 0.49. Molson Coors Beverage has a twelve month low of $41.04 and a twelve month high of $63.50.

Molson Coors Beverage (NYSE:TAP) last released its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.04. The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Molson Coors Beverage had a positive return on equity of 9.04% and a negative net margin of 16.41%.The business’s revenue was down 2.7% on a year-over-year basis. During the same period last 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, analysts predict that Molson Coors Beverage will post 6.35 EPS for the current year.

Molson Coors Beverage Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were given a dividend of $0.48 per share. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, March 6th. Molson Coors Beverage’s dividend payout ratio (DPR) is currently -17.70%.

Insider Buying and Selling

In related news, Director Andrew Thomas Molson acquired 2,000 shares of the 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 purchase, the director directly 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 purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.71% of the stock is currently owned by company insiders.

Institutional Trading of Molson Coors Beverage

Several large investors have recently modified their holdings of the stock. Root Financial Partners LLC acquired a new position in Molson Coors Beverage in the third quarter valued at about $25,000. GoalVest Advisory LLC acquired a new stake in Molson Coors Beverage during the fourth quarter worth about $25,000. SBI Securities Co. Ltd. increased its holdings in Molson Coors Beverage by 84.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 534 shares of the company’s stock valued at $25,000 after buying an additional 244 shares during the period. Basepoint Wealth LLC bought a new position in Molson Coors Beverage in the 4th quarter valued at about $26,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Molson Coors Beverage by 64.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after buying an additional 221 shares in the last quarter. 78.46% of the stock is owned by institutional investors and hedge funds.

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.