SG Americas Securities LLC Raises Stock Holdings in Molson Coors Beverage Company $TAP

SG Americas Securities LLC grew its position in Molson Coors Beverage Company (NYSE:TAP) by 82.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,877 shares of the company’s stock after buying an additional 21,201 shares during the period. SG Americas Securities LLC’s holdings in Molson Coors Beverage were worth $2,188,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Dodge & Cox grew its stake in Molson Coors Beverage by 29.4% during the 3rd 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 last quarter. State Street Corp boosted its holdings 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 boosted its holdings 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 stake in shares of Molson Coors Beverage by 3.6% during 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 during the last quarter. Finally, Royal London Asset Management Ltd. increased its holdings in shares of Molson Coors Beverage by 317.9% during 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 acquiring an additional 1,554,851 shares in the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TAP. Bank of America lowered Molson Coors Beverage from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $50.00 to $42.00 in a research note on Wednesday, February 25th. BNP Paribas Exane downgraded Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price target on the stock. in a research note on Friday, January 16th. TD Cowen reduced their price objective on Molson Coors Beverage from $47.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft decreased their target price on Molson Coors Beverage from $45.00 to $41.00 and set a “hold” rating for the company in a report on Monday, March 30th. Finally, Zacks Research downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, Molson Coors Beverage presently has a consensus rating of “Reduce” and a consensus price target of $48.12.

Insider Buying and Selling at Molson Coors Beverage

In related news, Director Andrew Thomas Molson acquired 2,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were acquired at an average price of $46.67 per share, with a total value of $93,340.00. Following the completion of the transaction, the director owned 24,654 shares of the company’s stock, valued at $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 can be accessed through this hyperlink. Corporate insiders own 2.71% of the company’s stock.

Molson Coors Beverage Price Performance

Molson Coors Beverage stock opened at $44.02 on Friday. The stock has a market capitalization of $8.27 billion, a P/E ratio of -4.06 and a beta of 0.50. The company’s fifty day moving average price is $47.05 and its 200 day moving average price is $46.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.42 and a current ratio of 0.55. Molson Coors Beverage Company has a 1 year low of $41.04 and a 1 year high of $63.50.

Molson Coors Beverage (NYSE:TAP) last released its quarterly earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.04. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. The firm had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same quarter in the prior year, the firm earned $1.30 EPS. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, equities research analysts anticipate 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 announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, March 6th. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. 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.