135,066 Monster Beverage Corporation $MNST Shares Bought by Ethic Inc.

Key Points

• Ethic Inc. increased its Monster Beverage stake by 89.4% in the third quarter, buying 135,066 shares and bringing its holdings to 286,132 shares, valued at about $11.9 million.
• Monster Beverage’s quarterly revenue rose 16.7% year over year to $2.53 billion, beating estimates, while EPS of $0.30 matched consensus.
• Despite sales growth, cost and margin pressures weighed on sentiment and shares fell after results. Analysts’ average rating is “Moderate Buy,” with a consensus price target of $67.05.

Ethic Inc. lifted its position in Monster Beverage Corporation (NASDAQ:MNST - Free Report) by 89.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 286,132 shares of the company's stock after buying an additional 135,066 shares during the quarter. Ethic Inc.'s holdings in Monster Beverage were worth $11,909,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CI Investments Inc. raised its position in Monster Beverage by 3.5% during the first quarter. CI Investments Inc. now owns 3,497 shares of the company's stock worth $253,000 after acquiring an additional 119 shares in the last quarter. Wealth Alliance LLC grew its position in shares of Monster Beverage by 2.2% in the 1st quarter. Wealth Alliance LLC now owns 6,752 shares of the company's stock valued at $489,000 after acquiring an additional 148 shares during the period. CX Institutional grew its position in shares of Monster Beverage by 2.4% in the 2nd quarter. CX Institutional now owns 6,384 shares of the company's stock valued at $614,000 after acquiring an additional 148 shares during the period. Arlington Capital Management Inc. grew its position in shares of Monster Beverage by 4.7% in the 1st quarter. Arlington Capital Management Inc. now owns 3,980 shares of the company's stock valued at $288,000 after acquiring an additional 178 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Monster Beverage by 15.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,401 shares of the company's stock worth $102,000 after purchasing an additional 190 shares during the last quarter. 72.36% of the stock is owned by institutional investors.

Monster Beverage News Summary

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

Monster Beverage Price Performance

MNST stock opened at $45.72 on Monday. Monster Beverage Corporation has a one year low of $34.26 and a one year high of $50.17. The stock has a market cap of $89.57 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 2.89 and a beta of 0.51. The company has a fifty day moving average price of $44.71 and a two-hundred day moving average price of $43.30.

Monster Beverage (NASDAQ:MNST - Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.30. The company had revenue of $2.53 billion during the quarter, compared to analysts' expectations of $2.49 billion. Monster Beverage had a net margin of 22.66% and a return on equity of 24.99%. Monster Beverage's quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.56 EPS. Research analysts anticipate that Monster Beverage Corporation will post 1.15 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. UBS Group reaffirmed a "neutral" rating and issued a $50.00 target price (up from $49.00) on shares of Monster Beverage in a report on Friday. Stifel Nicolaus set a $52.00 price target on Monster Beverage in a report on Thursday, October 22nd. Evercore reduced their price target on Monster Beverage from $95.00 to $52.00 in a report on Thursday, October 8th. Royal Bank Of Canada reissued an "outperform" rating and set a $48.50 price target (down from $97.00) on shares of Monster Beverage in a research report on Wednesday, August 5th. Finally, Zacks Research upgraded Monster Beverage from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 12th. One equities 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, Monster Beverage currently has an average rating of "Moderate Buy" and a consensus price target of $67.05.

Monster Beverage Company Profile

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.

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