Molson Coors Beverage Company $TAP Shares Sold by State of Michigan Retirement System

State of Michigan Retirement System lowered its stake in Molson Coors Beverage Company (NYSE:TAP) by 31.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 44,338 shares of the company’s stock after selling 19,964 shares during the period. State of Michigan Retirement System’s holdings in Molson Coors Beverage were worth $2,070,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Caxton Associates LLP acquired a new position in Molson Coors Beverage in the first quarter worth about $202,000. United Services Automobile Association bought a new position in Molson Coors Beverage during the 1st quarter worth approximately $215,000. Woodline Partners LP grew its position in shares of Molson Coors Beverage by 38.7% in the 1st quarter. Woodline Partners LP now owns 14,546 shares of the company’s stock worth $885,000 after acquiring an additional 4,056 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Molson Coors Beverage by 32.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock worth $49,000 after acquiring an additional 198 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Molson Coors Beverage by 4.7% in the 2nd quarter. First Trust Advisors LP now owns 413,578 shares of the company’s stock valued at $19,889,000 after acquiring an additional 18,566 shares during the last quarter. Institutional investors own 78.46% of the company’s stock.

Insider Transactions at Molson Coors Beverage

In other news, Director Andrew Thomas Molson acquired 2,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was acquired at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the completion of the acquisition, the director directly owned 24,654 shares in the company, valued at $1,150,602.18. This represents a 8.83% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.27% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on TAP shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Molson Coors Beverage in a report on Friday, March 27th. Morgan Stanley lifted their price target on shares of Molson Coors Beverage from $48.00 to $52.00 and gave the company an “equal weight” rating in a report on Tuesday. Evercore lowered their price objective on shares of Molson Coors Beverage from $50.00 to $47.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. The Goldman Sachs Group increased their price objective on shares of Molson Coors Beverage from $48.00 to $50.00 in a research note on Friday. Finally, Barclays raised their target price on shares of Molson Coors Beverage from $40.00 to $43.00 and gave the stock an “underweight” rating in a report on Tuesday, April 14th. Four equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $46.18.

Key Molson Coors Beverage News

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Q1 results beat estimates — TAP reported $0.62 EPS vs. $0.36 consensus and revenue of $2.35B, with management saying pricing and a favorable sales mix offset volume declines. This topline/earnings beat is the main near-term bullish catalyst. Molson Coors Q1 Earnings Beat Estimates on Pricing and Sales Mix
• Positive Sentiment: Analyst lift — Morgan Stanley raised its price target to $52 (equal-weight), signaling more upside and likely providing buying interest. Morgan Stanley price-target raise
• Positive Sentiment: Goldman Sachs raised its price target to $50, another analyst vote of confidence that can support the stock. Goldman Sachs price-target raise
• Neutral Sentiment: FY‑2026 guidance roughly in line — Management set FY‑2026 EPS guidance of $4.607–$4.823, essentially matching Street expectations, which gives limited surprise to drive the stock higher. Company press release / Q1 results
• Neutral Sentiment: Needham trimmed its price target slightly (from $52 to $50) but kept a Buy rating — a modest cautionary signal but still constructive. Needham price-target adjustment
• Negative Sentiment: Volume weakness and margin profile — management said volume declined in the quarter and the company still reports a negative net margin, factors that can limit multiple expansion and encourage short-term profit-taking despite the beat. Earnings details including margin/volume notes
• Negative Sentiment: Market reaction nuance — after an earnings-driven rally, intraday selling and rotation into other consumer names (or broader market weakness) can push shares lower even when fundamentals improve. Reuters/Yahoo coverage noted price hikes drove performance but highlighted the mixed picture. Reuters coverage

Molson Coors Beverage Stock Down 1.4%

Molson Coors Beverage stock opened at $42.14 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.42 and a current ratio of 0.54. Molson Coors Beverage Company has a one year low of $41.04 and a one year high of $58.01. The company has a 50-day simple moving average of $44.46 and a 200-day simple moving average of $46.42. The firm has a market capitalization of $7.92 billion, a P/E ratio of -3.88 and a beta of 0.44.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.26. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.33 billion. During the same period last year, the firm posted $0.50 EPS. Molson Coors Beverage’s quarterly revenue was up 2.0% compared to the same quarter last year. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, equities analysts expect that Molson Coors Beverage Company will post 4.72 earnings per share for the current year.

Molson Coors Beverage Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 4.6%. This is a positive change from Molson Coors Beverage’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, March 6th. Molson Coors Beverage’s payout ratio is currently -17.70%.

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.