Molson Coors Beverage (NYSE:TAP) Director Andrew Thomas Molson Purchases 2,000 Shares

Key Points

  • Andrew Thomas Molson purchased 2,000 shares of Molson Coors on March 9 at an average price of $46.67 (total $93,340), increasing his direct stake to 24,654 shares — an 8.83% jump in his ownership.
  • Molson Coors raised its quarterly dividend to $0.48 (from $0.47), equal to an annualized $1.92 and a ~4.2% yield, with an ex-dividend date of March 6 and payment on March 20.
  • For the quarter the company reported $1.21 EPS (beat by $0.04) but revenue of $2.66B missed estimates and net margin was negative (-16.41%); management set FY2026 guidance of 4.607–4.823 EPS and analysts hold a consensus "Hold" rating with an average target of $51.35.

Molson Coors Beverage Company (NYSE:TAP - Get Free Report) Director Andrew Thomas Molson bought 2,000 shares of Molson Coors Beverage stock in a transaction on Monday, March 9th. The shares were purchased at an average cost of $46.67 per share, with a total value of $93,340.00. Following the acquisition, the director directly owned 24,654 shares of the company's stock, valued at approximately $1,150,602.18. The trade was a 8.83% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Molson Coors Beverage Stock Performance

Shares of NYSE:TAP opened at $45.85 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.55 and a quick ratio of 0.42. Molson Coors Beverage Company has a 1 year low of $42.94 and a 1 year high of $63.50. The firm has a market capitalization of $8.62 billion, a PE ratio of -4.23 and a beta of 0.49. The business's 50 day moving average price is $49.08 and its 200-day moving average price is $47.56.




Molson Coors Beverage (NYSE:TAP - Get Free Report) 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. The firm had revenue of $2.66 billion during 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%.The firm's revenue was down 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.30 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, equities research analysts expect that Molson Coors Beverage Company will post 6.35 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Roth Mkm set a $58.00 target price on shares of Molson Coors Beverage in a research note on Thursday, February 19th. Needham & Company LLC cut their price target on Molson Coors Beverage from $54.00 to $52.00 and set a "buy" rating for the company in a report on Thursday, February 19th. Wells Fargo & Company reduced their price objective 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. UBS Group set a $52.00 target price on Molson Coors Beverage in a report on Friday, February 20th. Finally, Barclays reaffirmed an "underweight" rating and issued a $49.00 target price on shares of Molson Coors Beverage in a research note on Friday, January 16th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $51.35.

Get Our Latest Stock Analysis on Molson Coors Beverage

Institutional Investors Weigh In On Molson Coors Beverage

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Polianta Ltd purchased a new position in shares of Molson Coors Beverage in the 3rd quarter valued at approximately $1,543,000. JPMorgan Chase & Co. increased its holdings in shares of Molson Coors Beverage by 20.4% in the second quarter. JPMorgan Chase & Co. now owns 1,036,110 shares of the company's stock valued at $49,828,000 after purchasing an additional 175,587 shares during the period. Swiss National Bank raised its stake in shares of Molson Coors Beverage by 5.5% during the second quarter. Swiss National Bank now owns 537,600 shares of the company's stock worth $25,853,000 after purchasing an additional 27,900 shares during the last quarter. Wilsey Asset Management Inc. lifted 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 period. Finally, Invesco Ltd. grew its position in Molson Coors Beverage by 3.6% in the 3rd quarter. Invesco Ltd. now owns 4,430,544 shares of the company's stock valued at $200,482,000 after buying an additional 152,859 shares during the last quarter. Institutional investors and hedge funds own 78.46% of the company's stock.

Molson Coors Beverage Company Profile

(Get Free Report)

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.

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