Gateway Investment Advisers LLC Boosts Holdings in Monster Beverage Corporation $MNST

Key Points

• Gateway Investment Advisers LLC increased its stake in Monster by 4.7% in Q4, buying 21,469 shares to own 474,626 shares valued at about $36.39 million.
• Monster beat Q4 estimates with $0.51 EPS vs. $0.49 expected and revenue of $2.10 billion (up 17.6% year‑over‑year), while reporting a net margin of 22.97% and ROE of 27.38%.
• Institutional investors hold 72.36% of the stock, and analysts collectively rate MNST a “Moderate Buy” with a consensus target price of $85.90 amid recent mixed price‑target adjustments.

Gateway Investment Advisers LLC lifted its position in shares of Monster Beverage Corporation (NASDAQ:MNST - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 474,626 shares of the company's stock after purchasing an additional 21,469 shares during the period. Gateway Investment Advisers LLC's holdings in Monster Beverage were worth $36,390,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. RFG Advisory LLC acquired a new stake in Monster Beverage during the 4th quarter valued at $237,000. Swedbank AB increased its stake in Monster Beverage by 5.7% during the 4th quarter. Swedbank AB now owns 395,044 shares of the company's stock worth $30,288,000 after buying an additional 21,430 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Monster Beverage by 7.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,605,873 shares of the company's stock worth $122,303,000 after buying an additional 116,510 shares in the last quarter. Providence First Trust Co purchased a new position in Monster Beverage in the 4th quarter valued at about $398,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Monster Beverage by 3.0% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 94,153 shares of the company's stock valued at $7,219,000 after buying an additional 2,738 shares during the last quarter. 72.36% of the stock is currently owned by hedge funds and other institutional investors.

Monster Beverage Stock Performance

Shares of Monster Beverage stock opened at $77.20 on Thursday. Monster Beverage Corporation has a 1 year low of $58.09 and a 1 year high of $87.38. The firm's 50-day simple moving average is $76.31 and its 200-day simple moving average is $75.90. The firm has a market cap of $75.49 billion, a PE ratio of 39.79, a price-to-earnings-growth ratio of 2.71 and a beta of 0.50.

Monster Beverage (NASDAQ:MNST - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.49 by $0.02. Monster Beverage had a return on equity of 27.38% and a net margin of 22.97%.The business had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the firm earned $0.39 earnings per share. The company's revenue for the quarter was up 17.6% compared to the same quarter last year. On average, equities analysts predict that Monster Beverage Corporation will post 2.28 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MNST shares. Wells Fargo & Company dropped their target price on Monster Beverage from $90.00 to $85.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 8th. UBS Group reduced their price target on Monster Beverage from $92.00 to $80.00 and set a "neutral" rating for the company in a report on Tuesday, April 7th. BNP Paribas Exane upgraded Monster Beverage from an "underperform" rating to a "neutral" rating and set a $77.00 price objective for the company in a research note on Friday, January 16th. Bank of America dropped their price objective on Monster Beverage from $100.00 to $96.00 and set a "buy" rating on the stock in a report on Friday, April 10th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Monster Beverage from $94.00 to $90.00 and set a "buy" rating on the stock in a research report on Monday, March 30th. Fifteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $85.90.

Monster Beverage Company Profile

Monster Beverage Corporation NASDAQ: MNST is an American beverage company best known for its Monster Energy brand of energy drinks. The company's product portfolio centers on carbonated energy beverages and a range of complementary ready-to-drink offerings, including energy coffees, hydration beverages and other flavored functional drinks. Monster markets multiple sub-brands and flavor variants to address different consumer segments and consumption occasions.

Originally organized around the Hansen's Natural line of juices and sodas, the company pivoted toward the energy drink category and formally adopted the Monster Beverage name in the early 2010s to reflect its strategic focus.

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