Wealth Enhancement Advisory Services LLC Raises Holdings in Molson Coors Beverage Company $TAP

Wealth Enhancement Advisory Services LLC increased its stake in shares of Molson Coors Beverage Company (NYSE:TAP) by 51.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,239 shares of the company’s stock after acquiring an additional 11,613 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Molson Coors Beverage were worth $1,582,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TAP. Wilsey Asset Management Inc. boosted its position in Molson Coors Beverage by 4.9% in the 4th quarter. Wilsey Asset Management Inc. now owns 620,261 shares of the company’s stock worth $28,954,000 after purchasing an additional 29,002 shares in the last quarter. Sage Capital Advisors llc increased its holdings in shares of Molson Coors Beverage by 0.7% during the 4th quarter. Sage Capital Advisors llc now owns 138,508 shares of the company’s stock valued at $6,466,000 after purchasing an additional 1,030 shares in the last quarter. GoalVest Advisory LLC acquired a new position in shares of Molson Coors Beverage in the 4th quarter valued at $25,000. GAMMA Investing LLC lifted its stake in shares of Molson Coors Beverage by 55.3% in the 4th quarter. GAMMA Investing LLC now owns 7,668 shares of the company’s stock valued at $358,000 after purchasing an additional 2,730 shares during the period. Finally, RIA Advisory Group LLC purchased a new stake in Molson Coors Beverage during the third quarter worth $320,000. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

Molson Coors Beverage Price Performance

Shares of NYSE TAP opened at $44.02 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.42 and a current ratio of 0.55. The firm has a fifty day moving average of $47.05 and a 200 day moving average of $46.70. The firm has a market cap of $8.27 billion, a PE ratio of -4.06 and a beta of 0.50. Molson Coors Beverage Company has a one year low of $41.04 and a one year high of $63.50.

Molson Coors Beverage (NYSE:TAP) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the firm posted $1.30 earnings per share. The company’s revenue was down 2.7% compared to the same quarter last year. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, research analysts predict that Molson Coors Beverage Company will post 6.35 EPS for the current fiscal year.

Molson Coors Beverage Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 6th were paid a dividend of $0.48 per share. This is an increase from Molson Coors Beverage’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, March 6th. This represents a $1.92 annualized dividend and a yield of 4.4%. Molson Coors Beverage’s dividend payout ratio (DPR) is presently -17.70%.

Insider Activity at Molson Coors Beverage

In other news, Director Andrew Thomas Molson bought 2,000 shares of Molson Coors Beverage stock in a transaction on Monday, March 9th. The stock was acquired at an average price of $46.67 per share, with a total value of $93,340.00. Following the completion of the acquisition, the director directly owned 24,654 shares of the company’s stock, valued at $1,150,602.18. The trade was a 8.83% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.71% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TAP has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Molson Coors Beverage from $45.00 to $41.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Bank of America lowered shares of Molson Coors Beverage from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $50.00 to $42.00 in a research note on Wednesday, February 25th. Weiss Ratings restated a “sell (d)” rating on shares of Molson Coors Beverage in a research report on Friday, March 27th. BNP Paribas Exane lowered Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 price target for the company. in a research note on Friday, January 16th. Finally, Needham & Company LLC reduced their price target on Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $48.12.

Molson Coors Beverage 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.