Representative Julie Johnson (D-Texas) recently sold shares of Molson Coors Beverage Company NYSE: TAP. In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Molson Coors Beverage stock on September 25th. The trade occurred in the Representative's "MERRILL LYNCH LONG TERM GROWTH" account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Ameren NYSE: AEE on 9/25/2025.
- Sold $1,001 - $15,000 in shares of WEC Energy Group NYSE: WEC on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 9/25/2025.
- Sold $1,001 - $15,000 in shares of A. O. Smith NYSE: AOS on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Honeywell International NASDAQ: HON on 9/25/2025.
- Sold $1,001 - $15,000 in shares of McCormick & Company, Incorporated NYSE: MKC on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Monster Beverage NASDAQ: MNST on 9/25/2025.
- Sold $1,001 - $15,000 in shares of LyondellBasell Industries NYSE: LYB on 9/25/2025.
- Sold $1,001 - $15,000 in shares of United Dominion Realty Trust NYSE: UDR on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Xcel Energy NASDAQ: XEL on 9/25/2025.
Molson Coors Beverage Price Performance
NYSE TAP opened at $45.60 on Thursday. The stock's fifty day moving average price is $48.73 and its 200 day moving average price is $52.35. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 8.99, a PEG ratio of 1.68 and a beta of 0.63. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.95 and a quick ratio of 0.67. Molson Coors Beverage Company has a 1 year low of $43.80 and a 1 year high of $64.66.
Molson Coors Beverage (NYSE:TAP - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.22. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.12 billion. Molson Coors Beverage had a return on equity of 8.61% and a net margin of 7.81%.The firm's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the firm earned $1.92 EPS. Molson Coors Beverage has set its FY 2025 guidance at 5.360-5.540 EPS. As a group, equities research analysts forecast that Molson Coors Beverage Company will post 6.35 earnings per share for the current year.
Molson Coors Beverage Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Friday, September 5th were given a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Friday, September 5th. Molson Coors Beverage's dividend payout ratio is presently 37.08%.
Analyst Ratings Changes
TAP has been the topic of several analyst reports. Sanford C. Bernstein cut their price target on Molson Coors Beverage from $65.00 to $55.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 9th. Evercore ISI cut their price target on Molson Coors Beverage from $58.00 to $53.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 6th. UBS Group cut their price target on Molson Coors Beverage from $52.00 to $49.00 and set a "neutral" rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. cut their price target on Molson Coors Beverage from $62.00 to $53.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Finally, Barclays reaffirmed an "underweight" rating and set a $50.00 price target (up from $49.00) on shares of Molson Coors Beverage in a research report on Friday, September 12th. Six equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $56.74.
View Our Latest Stock Report on TAP
Institutional Investors Weigh In On Molson Coors Beverage
A number of institutional investors have recently modified their holdings of the business. Golden State Wealth Management LLC lifted its stake in Molson Coors Beverage by 230.2% in the 1st quarter. Golden State Wealth Management LLC now owns 416 shares of the company's stock valued at $25,000 after buying an additional 290 shares in the last quarter. Millstone Evans Group LLC lifted its stake in Molson Coors Beverage by 151.8% in the 1st quarter. Millstone Evans Group LLC now owns 423 shares of the company's stock valued at $26,000 after buying an additional 255 shares in the last quarter. Clearstead Trust LLC lifted its stake in Molson Coors Beverage by 952.8% in the 2nd quarter. Clearstead Trust LLC now owns 558 shares of the company's stock valued at $27,000 after buying an additional 505 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in Molson Coors Beverage by 64.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 565 shares of the company's stock valued at $27,000 after buying an additional 221 shares in the last quarter. Finally, Elequin Capital LP purchased a new position in Molson Coors Beverage in the 1st quarter valued at about $30,000. 78.46% of the stock is currently owned by institutional investors and hedge funds.
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.
About Molson Coors Beverage
(
Get Free Report)
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.
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