Monster Beverage Corporation $MNST Stock Acquired by Platt Wealth Management LLC

Key Points

• Platt Wealth Management nearly doubled its Monster Beverage stake in the third quarter, adding 95,834 shares to hold 192,668 shares worth about $8.0 million—6.3% of its portfolio.
• Monster reported quarterly revenue growth of 16.7% year over year, beating estimates, while EPS of $0.30 matched consensus. Cost pressures and weaker margins reportedly weighed on shares after the results.
• Institutional investors own 72.36% of Monster shares. Analyst views remain generally positive, with a “Moderate Buy” consensus, though some firms recently lowered price targets.

Platt Wealth Management LLC boosted its position in Monster Beverage Corporation (NASDAQ:MNST - Free Report) by 99.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 192,668 shares of the company's stock after purchasing an additional 95,834 shares during the quarter. Monster Beverage comprises about 6.3% of Platt Wealth Management LLC's portfolio, making the stock its 2nd biggest holding. Platt Wealth Management LLC's holdings in Monster Beverage were worth $8,018,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Hohimer Wealth Management LLC acquired a new stake in Monster Beverage in the 3rd quarter worth about $820,000. University of Texas Texas AM Investment Management Co. boosted its holdings in Monster Beverage by 72.9% in the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 4,275 shares of the company's stock valued at $178,000 after purchasing an additional 1,803 shares during the period. Brighton Jones LLC grew its position in shares of Monster Beverage by 98.9% during the 3rd quarter. Brighton Jones LLC now owns 23,322 shares of the company's stock worth $971,000 after purchasing an additional 11,598 shares in the last quarter. Candriam S.C.A. grew its position in shares of Monster Beverage by 76.0% during the 3rd quarter. Candriam S.C.A. now owns 135,238 shares of the company's stock worth $5,649,000 after purchasing an additional 58,400 shares in the last quarter. Finally, Ethic Inc. grew its position in shares of Monster Beverage by 89.4% during the 3rd quarter. Ethic Inc. now owns 286,132 shares of the company's stock worth $11,909,000 after purchasing an additional 135,066 shares in the last quarter. 72.36% of the stock is currently owned by institutional investors.

More Monster Beverage News

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

Monster Beverage Price Performance

MNST opened at $45.72 on Monday. Monster Beverage Corporation has a twelve month low of $34.26 and a twelve month high of $50.17. The company has a 50-day simple moving average of $44.71 and a 200 day simple moving average of $43.30. The stock has a market capitalization of $89.57 billion, a price-to-earnings ratio of 41.38, a P/E/G ratio of 2.89 and a beta of 0.51.

Monster Beverage (NASDAQ:MNST - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.30. The firm had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.49 billion. Monster Beverage had a net margin of 22.66% and a return on equity of 24.99%. The business's revenue for the quarter was up 16.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.56 earnings per share. Sell-side analysts anticipate that Monster Beverage Corporation will post 1.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on MNST. JPMorgan Chase & Co. lowered their target price on shares of Monster Beverage from $49.50 to $49.00 and set a "neutral" rating on the stock in a report on Monday, October 26th. Sanford C. Bernstein cut their price target on Monster Beverage from $95.00 to $50.00 in a research note on Sunday, August 23rd. The Goldman Sachs Group reiterated a "buy" rating and issued a $55.00 price target on shares of Monster Beverage in a research note on Friday. Evercore reduced their price target on Monster Beverage from $95.00 to $52.00 in a research report on Thursday, October 8th. Finally, Weiss Ratings upgraded Monster Beverage from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, November 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, Monster Beverage presently has an average rating of "Moderate Buy" and an average target price of $67.05.

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.

Want to see what other hedge funds are holding MNST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Monster Beverage Corporation (NASDAQ:MNST - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.