Dimensional Fund Advisors LP Acquires 1,195,249 Shares of Molson Coors Beverage Company $TAP

Key Points

• Dimensional Fund Advisors LP boosted its stake in Molson Coors by 22.9%, buying 1,195,249 shares to own 6,425,043 shares (~3.25% of the company) worth about $290.7 million.
• Other large institutions also increased exposure—Norges Bank opened a new stake (~$134.3M), Royal London raised its holding by 317.9%, and institutional investors now own roughly 78.46% of the stock.
• Molson Coors beat quarterly EPS estimates ($1.21 vs. $1.17), reported slightly lower revenue year-over-year, set FY2026 EPS guidance of 4.607–4.823, and raised its quarterly dividend to $0.48 (annualized yield ~4.1%).

Dimensional Fund Advisors LP grew its holdings in Molson Coors Beverage Company (NYSE:TAP - Free Report) by 22.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,425,043 shares of the company's stock after purchasing an additional 1,195,249 shares during the period. Dimensional Fund Advisors LP owned about 3.25% of Molson Coors Beverage worth $290,741,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in shares of Molson Coors Beverage during the second quarter valued at $134,289,000. Royal London Asset Management Ltd. increased its holdings in Molson Coors Beverage by 317.9% in the 2nd quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company's stock worth $98,297,000 after buying an additional 1,554,851 shares in the last quarter. Citigroup Inc. raised its position in Molson Coors Beverage by 148.5% in the 3rd quarter. Citigroup Inc. now owns 1,364,241 shares of the company's stock worth $61,732,000 after buying an additional 815,348 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Molson Coors Beverage by 2,728.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 730,153 shares of the company's stock valued at $35,113,000 after acquiring an additional 704,334 shares during the period. Finally, Invesco Ltd. lifted its stake in Molson Coors Beverage by 17.2% during the 2nd quarter. Invesco Ltd. now owns 4,277,685 shares of the company's stock valued at $205,714,000 after acquiring an additional 626,639 shares during the period. Hedge funds and other institutional investors own 78.46% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Jefferies Financial Group set a $45.00 price target on shares of Molson Coors Beverage in a research note on Thursday, February 19th. BNP Paribas Exane downgraded shares of Molson Coors Beverage from a "hold" rating to a "strong sell" rating and set a $40.00 price objective on the stock. in a research report on Friday, January 16th. Roth Mkm set a $58.00 target price on shares of Molson Coors Beverage in a report on Thursday, February 19th. Wells Fargo & Company decreased their target price on shares of Molson Coors Beverage from $54.00 to $52.00 and set an "equal weight" rating for the company in a research note on Thursday, February 19th. Finally, TD Cowen lowered their price target on Molson Coors Beverage from $47.00 to $43.00 and set a "hold" rating on the stock in a report on Friday, February 20th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $51.35.

Molson Coors Beverage Trading Down 1.0%

Shares of TAP stock opened at $46.63 on Friday. Molson Coors Beverage Company has a 1 year low of $42.94 and a 1 year high of $64.66. The firm has a fifty day moving average price of $49.11 and a 200-day moving average price of $47.70. The company has a market cap of $8.76 billion, a price-to-earnings ratio of -4.30 and a beta of 0.49. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.55 and a quick ratio of 0.42.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.04. Molson Coors Beverage had a positive return on equity of 9.04% and a negative net margin of 16.41%.The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the previous year, the business earned $1.30 earnings per share. Molson Coors Beverage's quarterly revenue was down 2.7% 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 predict that Molson Coors Beverage Company will post 6.35 earnings per share for the current year.

Molson Coors Beverage Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Molson Coors Beverage's previous quarterly dividend of $0.47. Molson Coors Beverage's payout ratio is presently -17.33%.

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.

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