Monster Beverage Corporation $MNST Shares Bought by Ascent Group LLC

Ascent Group LLC raised its holdings in Monster Beverage Corporation (NASDAQ:MNST) by 83.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 37,410 shares of the company’s stock after acquiring an additional 17,013 shares during the quarter. Ascent Group LLC’s holdings in Monster Beverage were worth $1,557,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Johnson Financial Group Inc. acquired a new stake in shares of Monster Beverage in the second quarter worth about $27,000. Jones Financial Companies Lllp bought a new position in shares of Monster Beverage during the 2nd quarter valued at approximately $28,000. Trust Co. of Vermont acquired a new position in Monster Beverage in the 2nd quarter worth approximately $30,000. NBH Bank purchased a new stake in Monster Beverage in the second quarter valued at approximately $32,000. Finally, Clearstead Trust LLC acquired a new stake in shares of Monster Beverage in the 2nd quarter worth approximately $32,000. 72.36% of the stock is owned by institutional investors and hedge funds.

Monster Beverage Price Performance

Shares of Monster Beverage stock opened at $45.72 on Friday. Monster Beverage Corporation has a 52-week low of $34.26 and a 52-week high of $50.17. The firm has a market capitalization of $89.57 billion, a PE ratio of 42.68, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The company’s fifty day moving average price is $44.71 and its two-hundred day moving average price is $43.30.

Monster Beverage (NASDAQ:MNST) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. Monster Beverage had a net margin of 23.08% and a return on equity of 26.02%. The company had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.49 billion. During the same period last year, the company posted $0.56 EPS. Monster Beverage’s revenue was up 16.7% on a year-over-year basis. Analysts predict that Monster Beverage Corporation will post 1.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MNST has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Monster Beverage from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Wells Fargo & Company boosted their price objective on shares of Monster Beverage from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Friday. Evercore cut their price target on Monster Beverage from $95.00 to $52.00 in a report on Thursday, October 8th. BNP Paribas Exane reiterated a “neutral” rating and issued a $98.00 target price (up from $84.00) on shares of Monster Beverage in a report on Monday, September 28th. Finally, Morgan Stanley upped their price target on Monster Beverage from $103.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $67.05.

Key Monster Beverage News

Here are the key news stories impacting Monster Beverage this week:

• Positive Sentiment: International demand drove growth: net sales rose 16.7% year over year to $2.56 billion, with sales outside the U.S. up 28.1% to $1.20 billion—47% of total sales. Adjusted EPS was $0.30, up from $0.28 a year earlier. Monster Beverage Reports 2026 Third Quarter Financial Results
• Positive Sentiment: Wells Fargo raised its price target to $52 from $50 and Piper Sandler lifted its target to $53 from $50.50; both maintained “overweight” ratings, signaling continued analyst optimism. Wells Fargo price-target update Piper Sandler price-target update
• Negative Sentiment: Despite the revenue beat, adjusted earnings matched consensus, and reports cited rising cost pressures and margin weakness. The market’s focus on profitability appears to have outweighed sales growth, with shares falling after the results. Monster Beverage shares slip after Q3 results as margin pressure offsets sales growth

About Monster Beverage

Monster Beverage Corporation develops, markets and sells energy drinks and other beverages. Its portfolio includes Monster Energy, Reign, NOS and Full Throttle, along with products in categories such as sports drinks, juices and alcoholic beverages.

The company traces its roots to Hansen’s, a beverage business established in the 1930s. It introduced the Monster Energy brand in 2002 and adopted the Monster Beverage name in 2012.

Based in Corona, California, Monster sells its products in the United States and internationally.