Red Spruce Capital LLC Has $1.56 Million Stock Position in Molson Coors Beverage Company $TAP

Red Spruce Capital LLC boosted its stake in shares of Molson Coors Beverage Company (NYSE:TAP) by 68.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,036 shares of the company’s stock after acquiring an additional 16,202 shares during the quarter. Red Spruce Capital LLC’s holdings in Molson Coors Beverage were worth $1,560,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Molson Coors Beverage in the fourth quarter valued at approximately $125,755,000. Goldman Sachs Group Inc. increased its stake in shares of Molson Coors Beverage by 265.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,922,022 shares of the company’s stock valued at $136,400,000 after buying an additional 2,122,085 shares during the period. State Street Corp raised its position in shares of Molson Coors Beverage by 19.2% during the third quarter. State Street Corp now owns 10,516,810 shares of the company’s stock worth $475,886,000 after acquiring an additional 1,693,682 shares during the last quarter. Royal London Asset Management Ltd. lifted its stake in shares of Molson Coors Beverage by 317.9% during the second quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock valued at $98,297,000 after acquiring an additional 1,554,851 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Molson Coors Beverage by 152.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,531,145 shares of the company’s stock valued at $118,154,000 after acquiring an additional 1,528,004 shares during the last quarter. 78.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TAP has been the subject of several analyst reports. BNP Paribas Exane lowered their price target on shares of Molson Coors Beverage from $36.00 to $35.00 and set an “underperform” rating for the company in a research report on Wednesday, June 3rd. Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings restated a “sell (d)” rating on shares of Molson Coors Beverage in a research report on Wednesday, June 24th. Morgan Stanley dropped their price objective on Molson Coors Beverage from $52.00 to $46.00 and set an “equal weight” rating on the stock in a research note on Monday, May 4th. Finally, Citigroup lowered their price target on Molson Coors Beverage from $47.00 to $42.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $44.00.

Key Stories Impacting Molson Coors Beverage

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

• Positive Sentiment: Molson Coors reported second-quarter adjusted EPS of $1.58, above the $1.51 consensus estimate, while revenue of $3.10 billion also topped expectations of $3.08 billion. Molson Coors Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company reaffirmed its 2026 guidance, including EPS of approximately $4.607–$4.823 and revenue of $11.0 billion–$11.3 billion. Molson Coors also plans price increases of about 1%–2%, which could help offset cost pressures. Molson Coors Reaffirms 2026 Outlook
• Neutral Sentiment: The earnings outlook is broadly consistent with Wall Street expectations, limiting the scale of the positive surprise despite the quarterly beat. Molson Coors Reports Q2 In Line With Expectations
• Negative Sentiment: Net sales fell 3.3% year over year, and EPS declined from $2.05 a year earlier. The company cited sluggish demand and higher supply costs, while pretax income dropped 49% to $283.1 million. Molson Coors Sales Fall Amid Demand Challenges and Supply Costs
• Negative Sentiment: Management expects Midwest Premium-related inflation to exceed $130 million, underscoring ongoing margin pressure and the risk that planned price increases may not fully offset costs. Molson Coors Q2 2026 Earnings Call Transcript

Molson Coors Beverage Stock Performance

Shares of TAP stock opened at $42.36 on Friday. The company has a 50-day simple moving average of $40.27 and a 200 day simple moving average of $43.65. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.38 and a current ratio of 0.54. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of -3.98 and a beta of 0.42. Molson Coors Beverage Company has a 52 week low of $38.04 and a 52 week high of $54.82.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.07. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. The business had revenue of $3.10 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same quarter in the previous year, the company earned $2.05 EPS. The business’s revenue was down 3.3% on a year-over-year basis. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, sell-side analysts predict that Molson Coors Beverage Company will post 4.77 earnings per share for the current year.

Molson Coors Beverage Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 28th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, August 28th. Molson Coors Beverage’s dividend payout ratio is -18.05%.

Insider Activity

In other Molson Coors Beverage news, Director Geoffrey E. Molson sold 1,245 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $42.50, for a total transaction of $52,912.50. Following the completion of the transaction, the director directly owned 9,871 shares in the company, valued at $419,517.50. The trade was a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.27% of the company’s stock.

Molson Coors Beverage 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.