Nisa Investment Advisors LLC Trims Stock Position in Molson Coors Beverage Company $TAP

Nisa Investment Advisors LLC lessened its holdings in shares of Molson Coors Beverage Company (NYSE:TAP) by 80.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,080 shares of the company’s stock after selling 12,919 shares during the period. Nisa Investment Advisors LLC’s holdings in Molson Coors Beverage were worth $144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Polianta Ltd purchased a new position in shares of Molson Coors Beverage during the third quarter worth $1,543,000. Wilsey Asset Management Inc. raised its holdings in shares of Molson Coors Beverage by 4.9% during the third quarter. Wilsey Asset Management Inc. now owns 591,259 shares of the company’s stock worth $26,754,000 after purchasing an additional 27,819 shares during the last quarter. Invesco Ltd. raised its holdings 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 purchasing an additional 152,859 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Molson Coors Beverage by 182.1% during the second quarter. Gamco Investors INC. ET AL now owns 84,290 shares of the company’s stock worth $4,054,000 after purchasing an additional 54,410 shares during the last quarter. Finally, Mediolanum International Funds Ltd purchased a new position in shares of Molson Coors Beverage during the third quarter worth $1,517,000. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Molson Coors Beverage Price Performance

NYSE:TAP opened at $44.39 on Tuesday. Molson Coors Beverage Company has a 52 week low of $41.04 and a 52 week high of $62.16. 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 stock has a market capitalization of $8.34 billion, a PE ratio of -4.09 and a beta of 0.50. The stock’s 50-day moving average price is $46.95 and its 200-day moving average price is $46.68.

Molson Coors Beverage (NYSE:TAP) last posted its earnings results on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.04. Molson Coors Beverage had a positive return on equity of 9.04% and a negative net margin of 16.41%.The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period last year, the firm earned $1.30 EPS. The company’s quarterly revenue 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 analysts expect that Molson Coors Beverage Company will post 6.35 EPS for the current fiscal year.

Molson Coors Beverage Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were paid 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 dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, March 6th. Molson Coors Beverage’s dividend payout ratio is presently -17.70%.

Insider Activity at Molson Coors Beverage

In related news, Director Andrew Thomas Molson purchased 2,000 shares of Molson Coors Beverage stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the transaction, the director directly owned 24,654 shares in the company, valued at approximately $1,150,602.18. This trade represents a 8.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 2.71% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on TAP shares. Zacks Research cut shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Barclays reduced their target price on shares of Molson Coors Beverage from $47.00 to $40.00 and set an “underweight” rating for the company in a report on Wednesday, March 25th. Wells Fargo & Company cut their price objective on shares of Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating for the company in a report on Thursday, February 19th. TD Cowen decreased their price objective on shares of Molson Coors Beverage from $47.00 to $43.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Finally, Piper Sandler lowered their target price on shares of Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Molson Coors Beverage has an average rating of “Reduce” and a consensus target price of $48.12.

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.