Deutsche Bank Aktiengesellschaft Cuts Molson Coors Beverage (NYSE:TAP) Price Target to $41.00

Molson Coors Beverage (NYSE:TAP) had its price target cut by Deutsche Bank Aktiengesellschaft from $45.00 to $41.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a hold rating on the stock.

A number of other equities research analysts also recently issued reports on TAP. Barclays reduced their price target on shares of Molson Coors Beverage from $47.00 to $40.00 and set an “underweight” rating for the company in a research report on Wednesday, March 25th. Roth Mkm set a $58.00 price objective on Molson Coors Beverage in a research note on Thursday, February 19th. Zacks Research cut Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a report on Friday, February 20th. Wells Fargo & Company decreased their target price on Molson Coors Beverage from $54.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 19th. Finally, TD Cowen lowered their target price on Molson Coors Beverage from $47.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, February 20th. 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $48.12.

Molson Coors Beverage Stock Performance

Shares of TAP opened at $42.88 on Monday. The company has a quick ratio of 0.42, a current ratio of 0.55 and a debt-to-equity ratio of 0.37. Molson Coors Beverage has a 52-week low of $41.04 and a 52-week high of $63.50. The company has a 50-day simple moving average of $47.27 and a 200-day simple moving average of $46.75. The company has a market capitalization of $8.06 billion, a PE ratio of -3.95 and a beta of 0.50.

Molson Coors Beverage (NYSE:TAP) last announced 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 negative net margin of 16.41% and a positive return on equity of 9.04%. The firm had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2.71 billion. During the same quarter last year, the business earned $1.30 earnings per share. The business’s revenue for the quarter 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. Equities 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 was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were given a $0.48 dividend. 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 4.5%. The ex-dividend date was Friday, March 6th. Molson Coors Beverage’s dividend payout ratio (DPR) is currently -17.70%.

Insider Buying and Selling at Molson Coors Beverage

In related news, Director Andrew Thomas Molson acquired 2,000 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average cost of $46.67 per share, for a total transaction of $93,340.00. Following the transaction, the director directly owned 24,654 shares of the company’s stock, valued at approximately $1,150,602.18. This trade represents a 8.83% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.71% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Molson Coors Beverage

Hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its position in shares of Molson Coors Beverage by 32.9% in the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after acquiring an additional 198 shares in the last quarter. UMB Bank n.a. raised its stake in Molson Coors Beverage by 16.5% in the 4th quarter. UMB Bank n.a. now owns 1,467 shares of the company’s stock valued at $68,000 after purchasing an additional 208 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in Molson Coors Beverage by 0.9% in the 4th quarter. New York Life Investment Management LLC now owns 22,904 shares of the company’s stock valued at $1,069,000 after purchasing an additional 210 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Molson Coors Beverage by 64.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock worth $27,000 after purchasing an additional 221 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Molson Coors Beverage by 84.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 534 shares of the company’s stock worth $25,000 after buying an additional 244 shares in the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.

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.