Molson Coors Beverage Company $TAP Shares Sold by Danske Bank A S

Key Points

• Danske Bank A/S cut its Molson Coors stake by 99.0% in Q4, selling 143,217 shares and leaving just 1,400 shares worth about $65,000.
• Q1 results topped expectations: Molson Coors reported $0.62 EPS vs. $0.36 consensus and $2.35B revenue vs. $2.33B, and issued FY2026 guidance of 4.607–4.823 EPS (analysts' average ~4.74).
• Dividend declared: a $0.48 quarterly payout (annualized $1.92) yielding about 4.4%, with ex-dividend date May 29 and payment on June 12.

Danske Bank A S lowered its position in Molson Coors Beverage Company (NYSE:TAP - Free Report) by 99.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,400 shares of the company's stock after selling 143,217 shares during the quarter. Danske Bank A S's holdings in Molson Coors Beverage were worth $65,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Dodge & Cox increased its stake in shares of Molson Coors Beverage by 29.4% during the third quarter. Dodge & Cox now owns 18,631,224 shares of the company's stock valued at $843,063,000 after acquiring an additional 4,235,029 shares during the period. State Street Corp increased its stake 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 valued at $475,886,000 after acquiring an additional 1,693,682 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Molson Coors Beverage by 22.9% during the third quarter. Dimensional Fund Advisors LP now owns 6,425,043 shares of the company's stock valued at $290,741,000 after acquiring an additional 1,195,249 shares during the period. Royal London Asset Management Ltd. increased 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, Schroder Investment Management Group increased its stake in shares of Molson Coors Beverage by 21.2% during the third quarter. Schroder Investment Management Group now owns 1,947,454 shares of the company's stock valued at $88,122,000 after acquiring an additional 340,433 shares during the period. Institutional investors and hedge funds own 78.46% of the company's stock.

Molson Coors Beverage Trading Up 0.9%

Molson Coors Beverage stock opened at $43.16 on Friday. 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 firm has a market cap of $8.11 billion, a price-to-earnings ratio of -4.06 and a beta of 0.44. Molson Coors Beverage Company has a 1 year low of $40.64 and a 1 year high of $57.57. The firm's 50 day moving average price is $44.04 and its two-hundred day moving average price is $46.33.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.26. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.33 billion. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, research analysts predict that Molson Coors Beverage Company will post 4.74 EPS for the current fiscal year.

Molson Coors Beverage Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a $0.48 dividend. The ex-dividend date is Friday, May 29th. This represents a $1.92 annualized dividend and a yield of 4.4%. Molson Coors Beverage's payout ratio is -18.05%.

Insider Transactions at Molson Coors Beverage

In other Molson Coors Beverage news, Director Andrew Thomas Molson purchased 2,000 shares of the firm's stock in a transaction on Monday, March 9th. The shares were purchased at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the completion of the transaction, the director owned 24,654 shares in the company, valued at $1,150,602.18. This represents a 8.83% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.27% of the company's stock.

Analyst Upgrades and Downgrades

TAP has been the topic of a number of research analyst reports. Evercore lowered their price objective on shares of Molson Coors Beverage from $50.00 to $47.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group lowered their price objective on shares of Molson Coors Beverage from $45.00 to $43.00 and set a "hold" rating on the stock in a research note on Monday, April 20th. UBS Group lowered their price objective on shares of Molson Coors Beverage from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 7th. Needham & Company LLC lowered their price objective on shares of Molson Coors Beverage from $52.00 to $50.00 and set a "buy" rating on the stock in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Molson Coors Beverage from $45.00 to $43.00 and set a "neutral" rating on the stock in a research note on Monday, April 27th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Molson Coors Beverage presently has an average rating of "Hold" and an average target price of $45.71.

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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