Monster Beverage Corporation $MNST Shares Purchased by Calamos Advisors LLC

Key Points

• Calamos Advisors increased its Monster Beverage stake by 104.1% in the third quarter, adding 183,281 shares to reach 359,293 shares valued at about $14.95 million. Institutional investors and hedge funds collectively own 72.36% of the company.
• Monster reported quarterly revenue growth of 16.7% year over year, with strong international sales, while adjusted EPS of $0.30 matched analyst expectations. However, cost and margin pressures reportedly weighed on the shares after results.
• Analyst sentiment remains generally favorable: MarketBeat reports a “Moderate Buy” consensus rating and an average price target of $67.05, alongside recent price-target increases from Wells Fargo and Piper Sandler.

Calamos Advisors LLC raised its stake in Monster Beverage Corporation (NASDAQ:MNST - Free Report) by 104.1% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 359,293 shares of the company's stock after buying an additional 183,281 shares during the quarter. Calamos Advisors LLC's holdings in Monster Beverage were worth $14,954,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Monster Beverage in the 2nd quarter worth about $5,770,004,000. Ninety One UK Ltd increased its holdings in shares of Monster Beverage by 89.1% in the 3rd quarter. Ninety One UK Ltd now owns 13,105,329 shares of the company's stock worth $545,444,000 after acquiring an additional 6,175,047 shares during the period. Bank of America Corp DE lifted its position in Monster Beverage by 0.8% in the 1st quarter. Bank of America Corp DE now owns 12,532,462 shares of the company's stock valued at $908,102,000 after purchasing an additional 99,168 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Monster Beverage by 23.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 7,637,514 shares of the company's stock valued at $553,414,000 after purchasing an additional 1,461,167 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in Monster Beverage by 27.8% during the 2nd quarter. Wellington Management Group LLP now owns 7,465,974 shares of the company's stock valued at $717,629,000 after purchasing an additional 1,624,416 shares during the period. Institutional investors and hedge funds own 72.36% of the company's stock.

Key Stories Impacting Monster Beverage

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

Analyst Upgrades and Downgrades

MNST has been the topic of several analyst reports. Zacks Research upgraded shares of Monster Beverage from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 12th. Morgan Stanley lifted their price target on Monster Beverage from $103.00 to $110.00 and gave the company an "overweight" rating in a report on Friday, August 7th. Citigroup reiterated a "buy" rating on shares of Monster Beverage in a research report on Thursday, October 22nd. Stifel Nicolaus set a $52.00 price objective on Monster Beverage in a report on Thursday, October 22nd. Finally, JPMorgan Chase & Co. decreased their price objective on Monster Beverage from $49.50 to $49.00 and set a "neutral" rating for the company in a report on Monday, October 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, Monster Beverage currently has an average rating of "Moderate Buy" and a consensus target price of $67.05.

Monster Beverage Price Performance

MNST opened at $45.72 on Friday. The company has a market capitalization of $89.57 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 2.88 and a beta of 0.51. Monster Beverage Corporation has a 1-year low of $34.26 and a 1-year high of $50.17. The business has a 50 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 issued its quarterly earnings results on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.30. Monster Beverage had a return on equity of 25.75% and a net margin of 22.66%. The firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.49 billion. During the same period last year, the company posted $0.56 EPS. The firm's quarterly revenue was up 16.7% on a year-over-year basis. Equities analysts expect that Monster Beverage Corporation will post 1.15 EPS for the current fiscal year.

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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