TD Cowen Cuts Molson Coors Beverage (NYSE:TAP) Price Target to $43.00

Molson Coors Beverage (NYSE:TAP) had its price objective trimmed by TD Cowen from $47.00 to $43.00 in a research note published on Friday morning,Benzinga reports. The firm currently has a hold rating on the stock.

TAP has been the subject of several other research reports. BNP Paribas Exane lowered 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. Jefferies Financial Group set a $45.00 target price on shares of Molson Coors Beverage in a research note on Thursday. Needham & Company LLC reduced their price objective on Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. assumed coverage on shares of Molson Coors Beverage in a report on Wednesday, November 5th. They issued a “neutral” rating and a $49.00 target price on the stock. Finally, Zacks Research upgraded Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $51.82.

Molson Coors Beverage Price Performance

TAP opened at $49.81 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.42 and a debt-to-equity ratio of 0.37. The company has a market cap of $9.84 billion, a price-to-earnings ratio of -4.59 and a beta of 0.48. The stock has a fifty day simple moving average of $48.89 and a two-hundred day simple moving average of $47.85. Molson Coors Beverage has a 12-month low of $42.94 and a 12-month high of $64.66.

Molson Coors Beverage (NYSE:TAP) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter in the prior year, the company earned $1.30 earnings per share. The business’s 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. Research analysts predict that Molson Coors Beverage will post 6.35 earnings per share 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. Stockholders of record on Friday, March 6th will be given a dividend of $0.48 per share. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, March 6th. Molson Coors Beverage’s dividend payout ratio is currently -17.33%.

Hedge Funds Weigh In On Molson Coors Beverage

Several hedge funds and other institutional investors have recently made changes to their positions in TAP. Invesco Ltd. boosted its holdings in Molson Coors Beverage by 1.2% in the fourth quarter. Invesco Ltd. now owns 4,485,000 shares of the company’s stock valued at $209,360,000 after purchasing an additional 54,456 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Molson Coors Beverage by 124.1% during the 4th quarter. Corient Private Wealth LLC now owns 194,385 shares of the company’s stock worth $8,534,000 after purchasing an additional 107,638 shares during the period. Alberta Investment Management Corp purchased a new position in shares of Molson Coors Beverage during the fourth quarter worth about $1,447,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Molson Coors Beverage by 19.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 90,955 shares of the company’s stock valued at $4,246,000 after purchasing an additional 15,125 shares during the last quarter. Finally, Corecam AG purchased a new position in Molson Coors Beverage in the 4th quarter valued at $382,000. Hedge funds and other 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 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

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.