Molson Coors Beverage Company $TAP Shares Sold by Aberdeen Group plc

Aberdeen Group plc decreased its holdings in Molson Coors Beverage Company (NYSE:TAP) by 62.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,634 shares of the company’s stock after selling 118,828 shares during the quarter. Aberdeen Group plc’s holdings in Molson Coors Beverage were worth $3,324,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Caxton Associates LLP purchased a new stake in shares of Molson Coors Beverage during the first quarter worth about $202,000. United Services Automobile Association purchased a new stake in shares of Molson Coors Beverage during the first quarter valued at approximately $215,000. Woodline Partners LP boosted its holdings in Molson Coors Beverage by 38.7% in the first quarter. Woodline Partners LP now owns 14,546 shares of the company’s stock valued at $885,000 after purchasing an additional 4,056 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Molson Coors Beverage by 32.9% during the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after buying an additional 198 shares in the last quarter. Finally, Stephens Inc. AR lifted its position in shares of Molson Coors Beverage by 1.9% during the second quarter. Stephens Inc. AR now owns 20,385 shares of the company’s stock worth $980,000 after purchasing an additional 375 shares during the last quarter. 78.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Wells Fargo & Company dropped their target price on shares of Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating on the stock in a report on Thursday. Jefferies Financial Group set a $45.00 target price on Molson Coors Beverage in a report on Thursday. TD Cowen cut 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 research note on Friday. Evercore dropped their target price on shares of Molson Coors Beverage from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Finally, Needham & Company LLC dropped their target price on Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Molson Coors Beverage presently has a consensus rating of “Hold” and an average price target of $51.82.

Molson Coors Beverage Stock Performance

Shares of NYSE:TAP opened at $49.81 on Friday. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of -4.59 and a beta of 0.48. Molson Coors Beverage Company has a fifty-two week low of $42.94 and a fifty-two week high of $64.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.55 and a quick ratio of 0.45. The business’s fifty day moving average price is $48.89 and its two-hundred day moving average price is $47.88.

Molson Coors Beverage (NYSE:TAP) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter, beating 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 $2.66 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter last year, the company posted $1.30 EPS. The company’s quarterly revenue 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. As a group, analysts predict that Molson Coors Beverage Company will post 6.35 EPS for the current fiscal year.

Molson Coors Beverage Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.9%. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. The ex-dividend date is Friday, March 6th. Molson Coors Beverage’s dividend payout ratio is currently -17.33%.

Key Headlines Impacting Molson Coors Beverage

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

• Positive Sentiment: Q4 EPS beat consensus ($1.21 vs. $1.17) which provided some near‑term support to the stock. Molson Coors Surpasses Q4 Earnings Estimates
• Positive Sentiment: Board raised the quarterly dividend to $0.48 (annualized yield ~4.0%), up 2.1% from prior — a shareholder‑friendly move that can support the share price for income investors.
• Neutral Sentiment: Analysts trimmed price targets but largely kept constructive stances: Needham cut its target to $52 while maintaining a buy rating (smaller upside implied). Needham PT Cut to $52
• Neutral Sentiment: Management presented at the CAGNY conference and released slides/transcript — useful for modeling but didn’t materially change the underlying outlook. CAGNY Presentation
• Negative Sentiment: Company issued weak FY‑2026 guidance (EPS $4.607–4.823 vs. consensus ~5.42) and flagged headwinds from higher aluminum costs and softer, price‑sensitive consumer demand — the central driver of downward pressure. Reuters: Forecasts Sharp Drop in 2026 Profit
• Negative Sentiment: TD Cowen cut its price target to $43 and moved to a “hold” — a larger downgrade that implies meaningful downside risk versus recent levels and likely contributed to selling pressure. TD Cowen PT Cut to $43
• Negative Sentiment: Shares gapped down in early trading after Needham’s revision and other analyst reactions, reflecting short‑term volatility as the market digests the soft sales, volume declines and weaker guidance. Shares Gap Down Following Analyst Downgrade

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.