Tweedy Browne Co LLC Takes Position in Molson Coors Beverage Company $TAP

Tweedy Browne Co LLC bought a new stake in Molson Coors Beverage Company (NYSE:TAP) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 20,167 shares of the company’s stock, valued at approximately $941,000.

A number of other large investors have also modified their holdings of the stock. Geneos Wealth Management Inc. grew its stake 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 buying an additional 198 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of 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. Hilltop Holdings Inc. grew its stake in shares of Molson Coors Beverage by 4.2% in the third quarter. Hilltop Holdings Inc. now owns 6,717 shares of the company’s stock valued at $304,000 after buying an additional 270 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Molson Coors Beverage by 4.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 7,284 shares of the company’s stock valued at $345,000 after purchasing an additional 297 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC grew its holdings in Molson Coors Beverage by 2.8% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 11,469 shares of the company’s stock valued at $519,000 after purchasing an additional 307 shares in the last quarter. Institutional investors and hedge funds own 78.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Needham & Company LLC lowered their price target on shares of Molson Coors Beverage from $52.00 to $50.00 and set a “buy” rating for the company in a report on Friday, May 1st. The Goldman Sachs Group raised their price target on shares of Molson Coors Beverage from $48.00 to $50.00 in a report on Friday, May 1st. Barclays lowered their price target on shares of Molson Coors Beverage from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Friday, May 1st. Wells Fargo & Company lowered their price target on shares of Molson Coors Beverage from $52.00 to $45.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Finally, TD Cowen lowered their price target on shares of Molson Coors Beverage from $47.00 to $43.00 and set a “hold” rating for the company in a report on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $45.71.

Molson Coors Beverage Price Performance

Shares of NYSE TAP opened at $42.22 on Wednesday. Molson Coors Beverage Company has a fifty-two week low of $40.64 and a fifty-two week high of $57.57. The business has a 50 day moving average price of $44.31 and a two-hundred day moving average price of $46.39. The company has a quick ratio of 0.38, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. The firm has a market cap of $7.93 billion, a PE ratio of -3.97 and a beta of 0.44.

Molson Coors Beverage (NYSE:TAP) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.26. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.33 billion. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the business earned $0.50 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Sell-side analysts expect that Molson Coors Beverage Company will post 4.73 earnings per share for the current fiscal year.

Molson Coors Beverage Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.92 annualized dividend and a yield of 4.5%. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. Molson Coors Beverage’s dividend payout ratio (DPR) is -18.05%.

Insiders Place Their Bets

In related news, Director Andrew Thomas Molson acquired 2,000 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was bought 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 in the company, valued at approximately $1,150,602.18. The trade was a 8.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.27% of the stock is currently owned by corporate insiders.

Molson Coors Beverage Company 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.