Landscape Capital Management L.L.C. Takes Position in Molson Coors Beverage Company $TAP

Key Points

• Landscape Capital Management opened a new position in Molson Coors (NYSE:TAP), buying 210,341 shares worth about $9.52M, representing ~0.6% of its portfolio and making TAP its 23rd-largest holding (about 0.11% of Molson Coors outstanding).
• Molson Coors reported Q EPS of $1.21 (beat consensus), revenue of $2.66B (-2.7% y/y), set FY2026 guidance of 4.607–4.823 EPS, and raised its quarterly dividend to $0.48 (annualized $1.92, ~4.3% yield).
• Institutional investors own roughly 78.5% of TAP, analysts are mixed with an average "Hold" rating and $51.35 target, and director Andrew Thomas Molson recently bought 2,000 shares at $46.67, increasing his stake ~8.8%.

Landscape Capital Management L.L.C. acquired a new position in shares of Molson Coors Beverage Company (NYSE:TAP - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 210,341 shares of the company's stock, valued at approximately $9,518,000. Molson Coors Beverage accounts for approximately 0.6% of Landscape Capital Management L.L.C.'s investment portfolio, making the stock its 23rd largest position. Landscape Capital Management L.L.C. owned approximately 0.11% of Molson Coors Beverage at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Polianta Ltd purchased a new stake in shares of Molson Coors Beverage in the 3rd quarter valued at $1,543,000. JPMorgan Chase & Co. lifted its stake in Molson Coors Beverage by 20.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,036,110 shares of the company's stock worth $49,828,000 after acquiring an additional 175,587 shares in the last quarter. Swiss National Bank boosted its holdings in Molson Coors Beverage by 5.5% during the 2nd quarter. Swiss National Bank now owns 537,600 shares of the company's stock valued at $25,853,000 after acquiring an additional 27,900 shares during the period. Wilsey Asset Management Inc. grew its position in Molson Coors Beverage by 4.9% in the 3rd quarter. Wilsey Asset Management Inc. now owns 591,259 shares of the company's stock valued at $26,754,000 after acquiring an additional 27,819 shares in the last quarter. Finally, Invesco Ltd. grew its position in Molson Coors Beverage by 3.6% in the 3rd quarter. Invesco Ltd. now owns 4,430,544 shares of the company's stock valued at $200,482,000 after acquiring an additional 152,859 shares in the last quarter. Institutional investors and hedge funds own 78.46% of the company's stock.

Molson Coors Beverage Stock Up 1.0%

TAP stock traded up $0.46 during trading on Friday, hitting $44.15. 262,507 shares of the company's stock were exchanged, compared to its average volume of 3,089,437. The business has a 50-day moving average price of $48.99 and a two-hundred day moving average price of $47.52. Molson Coors Beverage Company has a 52-week low of $42.94 and a 52-week high of $63.50. The company has a current ratio of 0.55, a quick ratio of 0.42 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of -4.08 and a beta of 0.49.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last posted its earnings results on Wednesday, February 18th. The company reported $1.21 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.04. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. The firm had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the firm posted $1.30 EPS. The company's revenue was down 2.7% on a year-over-year basis. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, equities research analysts expect that Molson Coors Beverage Company will post 6.35 EPS for the current year.

Molson Coors Beverage Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 4.3%. This is a positive change from Molson Coors Beverage's previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Friday, March 6th. Molson Coors Beverage's dividend payout ratio is presently -17.70%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on TAP shares. UBS Group set a $52.00 price target on shares of Molson Coors Beverage in a research report on Friday, February 20th. Needham & Company LLC dropped their price objective on shares of Molson Coors Beverage from $54.00 to $52.00 and set a "buy" rating for the company in a report on Thursday, February 19th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Molson Coors Beverage in a research note on Monday, December 29th. Barclays reiterated an "underweight" rating and set a $49.00 target price on shares of Molson Coors Beverage in a report on Friday, January 16th. Finally, Bank of America lowered Molson Coors Beverage from a "neutral" rating to an "underperform" rating and cut their price objective for the stock from $50.00 to $42.00 in a research report on Wednesday, February 25th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, Molson Coors Beverage presently has an average rating of "Hold" and an average price target of $51.35.

Insiders Place Their Bets

In other news, Director Andrew Thomas Molson acquired 2,000 shares of Molson Coors Beverage stock in a transaction on Monday, March 9th. The stock was bought at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the completion of the purchase, the director owned 24,654 shares in the company, valued at $1,150,602.18. This represents a 8.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.71% of the company's stock.

Molson Coors Beverage Company 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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