Schroder Investment Management Group Increases Holdings in Molson Coors Beverage Company $TAP

Schroder Investment Management Group raised its stake in Molson Coors Beverage Company (NYSE:TAP) by 21.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,947,454 shares of the company’s stock after buying an additional 340,433 shares during the quarter. Schroder Investment Management Group’s holdings in Molson Coors Beverage were worth $88,122,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of TAP. Norges Bank acquired a new position in shares of Molson Coors Beverage during the 2nd quarter valued at about $134,289,000. Royal London Asset Management Ltd. boosted its holdings in Molson Coors Beverage by 317.9% in the 2nd quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock valued at $98,297,000 after purchasing an additional 1,554,851 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Molson Coors Beverage by 22.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,425,043 shares of the company’s stock valued at $290,741,000 after buying an additional 1,195,249 shares during the period. Citigroup Inc. increased its holdings in shares of Molson Coors Beverage by 148.5% during the 3rd quarter. Citigroup Inc. now owns 1,364,241 shares of the company’s stock worth $61,732,000 after buying an additional 815,348 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Molson Coors Beverage by 2,728.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 730,153 shares of the company’s stock valued at $35,113,000 after buying an additional 704,334 shares during the period. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Molson Coors Beverage Price Performance

Shares of TAP opened at $46.03 on Tuesday. The company has a market cap of $8.65 billion, a P/E ratio of -4.24 and a beta of 0.49. 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 quick ratio of 0.42, a current ratio of 0.55 and a debt-to-equity ratio of 0.37. The firm’s 50 day moving average price is $49.10 and its 200 day moving average price is $47.61.

Molson Coors Beverage (NYSE:TAP) last issued 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. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a positive return on equity of 9.04% and a negative net margin of 16.41%.Molson Coors Beverage’s revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.30 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, research analysts forecast that Molson Coors Beverage Company will post 6.35 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $0.48 per share. The ex-dividend date is Friday, March 6th. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.2%. Molson Coors Beverage’s payout ratio is currently -17.70%.

Analyst Upgrades and Downgrades

TAP has been the subject of several analyst reports. Jefferies Financial Group set a $45.00 price objective on Molson Coors Beverage in a research report on Thursday, February 19th. Piper Sandler cut their price objective on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, February 19th. Bank of America lowered shares of Molson Coors Beverage from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $50.00 to $42.00 in a report on Wednesday, February 25th. Needham & Company LLC lowered their target price on shares of Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, February 19th. Finally, Roth Mkm set a $58.00 price target on shares of Molson Coors Beverage in a research note on Thursday, February 19th. Five research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $51.35.

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.