Schroder Investment Management Group Grows Position in Molson Coors Beverage Company $TAP

Schroder Investment Management Group grew its position in shares of 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 and Exchange Commission (SEC). The institutional investor owned 1,947,454 shares of the company’s stock after purchasing an additional 340,433 shares during the quarter. Schroder Investment Management Group owned approximately 0.99% of Molson Coors Beverage worth $88,122,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its holdings in 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. Smartleaf Asset Management LLC increased its holdings in Molson Coors Beverage by 64.2% in the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock valued at $27,000 after buying an additional 221 shares in the last quarter. Penserra Capital Management LLC raised its position in shares of Molson Coors Beverage by 1.7% in the second quarter. Penserra Capital Management LLC now owns 15,699 shares of the company’s stock worth $754,000 after acquiring an additional 257 shares during the period. Linden Thomas Advisory Services LLC raised its position in shares of Molson Coors Beverage by 2.8% in the third quarter. Linden Thomas Advisory Services LLC now owns 11,469 shares of the company’s stock worth $519,000 after acquiring an additional 307 shares during the period. Finally, MAI Capital Management boosted its stake in shares of Molson Coors Beverage by 3.8% during the 2nd quarter. MAI Capital Management now owns 8,668 shares of the company’s stock worth $417,000 after acquiring an additional 314 shares in the last quarter. 78.46% of the stock is currently owned by institutional investors and hedge funds.

Molson Coors Beverage Stock Performance

NYSE TAP opened at $46.03 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.55 and a quick ratio of 0.42. The stock’s 50 day simple moving average is $49.10 and its 200-day simple moving average is $47.61. The company has a market cap of $8.65 billion, a PE ratio of -4.24 and a beta of 0.49. Molson Coors Beverage Company has a 1-year low of $42.94 and a 1-year high of $64.66.

Molson Coors Beverage (NYSE:TAP) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, beating the consensus estimate 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 $2.66 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the prior year, the company earned $1.30 EPS. The firm’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. As a group, equities research analysts anticipate that Molson Coors Beverage Company will post 6.35 EPS for the current fiscal year.

Molson Coors Beverage Increases Dividend

The firm also recently disclosed 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 of this dividend is Friday, March 6th. This represents a $1.92 annualized dividend and a yield of 4.2%. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.47. Molson Coors Beverage’s dividend payout ratio is currently -17.70%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TAP. Roth Mkm set a $58.00 target price on Molson Coors Beverage in a research report on Thursday, February 19th. BNP Paribas Exane cut 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. Zacks Research lowered Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Needham & Company LLC cut their price objective on Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, February 19th. Finally, Wells Fargo & Company reduced their target price on Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating for the company in a research note on Thursday, February 19th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, Molson Coors Beverage has a consensus rating of “Hold” and a consensus price target of $51.35.

Molson Coors Beverage 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.