Representative Julie Johnson (D-Texas) recently sold shares of Molson Coors Beverage Company (NYSE:TAP). In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Molson Coors Beverage stock on September 25th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ameren (NYSE:AEE) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of WEC Energy Group (NYSE:WEC) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of McCormick & Company, Incorporated (NYSE:MKC) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of LyondellBasell Industries (NYSE:LYB) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of United Dominion Realty Trust (NYSE:UDR) on 9/25/2025.
- Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 9/25/2025.
Molson Coors Beverage Stock Up 0.9%
Shares of TAP stock opened at $46.03 on Friday. The stock has a market cap of $9.10 billion, a P/E ratio of 9.08, a PEG ratio of 1.66 and a beta of 0.63. Molson Coors Beverage Company has a 52 week low of $43.80 and a 52 week high of $64.66. The company has a quick ratio of 0.67, a current ratio of 0.95 and a debt-to-equity ratio of 0.46. The company’s fifty day simple moving average is $48.67 and its two-hundred day simple moving average is $52.26.
Molson Coors Beverage Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Friday, September 5th were paid a $0.47 dividend. The ex-dividend date was Friday, September 5th. This represents a $1.88 annualized dividend and a yield of 4.1%. Molson Coors Beverage’s payout ratio is presently 37.08%.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of Molson Coors Beverage from $62.00 to $53.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Citigroup decreased their price target on shares of Molson Coors Beverage from $51.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday. Bank of America cut shares of Molson Coors Beverage from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $65.00 to $50.00 in a research note on Friday, June 27th. Sanford C. Bernstein reduced their target price on shares of Molson Coors Beverage from $65.00 to $55.00 and set a “market perform” rating on the stock in a report on Wednesday, July 9th. Finally, UBS Group reduced their target price on shares of Molson Coors Beverage from $52.00 to $49.00 and set a “neutral” rating on the stock in a report on Wednesday. Six analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $56.62.
Read Our Latest Analysis on TAP
Institutional Trading of Molson Coors Beverage
A number of large investors have recently made changes to their positions in TAP. Vanguard Group Inc. grew its holdings in Molson Coors Beverage by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 21,208,854 shares of the company’s stock valued at $1,019,934,000 after purchasing an additional 92,058 shares during the last quarter. Dodge & Cox grew its holdings in Molson Coors Beverage by 2.3% during the 2nd quarter. Dodge & Cox now owns 14,396,195 shares of the company’s stock valued at $692,313,000 after purchasing an additional 327,885 shares during the last quarter. LSV Asset Management grew its holdings in Molson Coors Beverage by 1.4% during the 1st quarter. LSV Asset Management now owns 6,369,498 shares of the company’s stock valued at $387,711,000 after purchasing an additional 86,601 shares during the last quarter. Clarkston Capital Partners LLC grew its holdings in Molson Coors Beverage by 0.7% during the 1st quarter. Clarkston Capital Partners LLC now owns 4,553,212 shares of the company’s stock valued at $277,154,000 after purchasing an additional 33,535 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Molson Coors Beverage by 20.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,503,879 shares of the company’s stock valued at $274,144,000 after purchasing an additional 750,388 shares during the last quarter. 78.46% of the stock is currently owned by institutional investors.
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.
Molson Coors Beverage Company Profile
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.
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