Molson Coors Beverage Company $TAP Stock Purchased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lifted its stake in shares of Molson Coors Beverage Company (NYSE:TAP) by 81.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,800 shares of the company’s stock after buying an additional 16,058 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Molson Coors Beverage were worth $1,306,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Molson Coors Beverage in the 3rd quarter valued at $123,000. Aviance Capital Partners LLC grew its position in Molson Coors Beverage by 3.6% during the 3rd quarter. Aviance Capital Partners LLC now owns 41,113 shares of the company’s stock worth $1,499,000 after acquiring an additional 1,445 shares during the last quarter. Vise Technologies Inc. increased its holdings in Molson Coors Beverage by 35.6% in the 3rd quarter. Vise Technologies Inc. now owns 9,456 shares of the company’s stock worth $345,000 after purchasing an additional 2,484 shares in the last quarter. State of Wyoming increased its holdings in Molson Coors Beverage by 14.5% in the 3rd quarter. State of Wyoming now owns 26,600 shares of the company’s stock worth $970,000 after purchasing an additional 3,360 shares in the last quarter. Finally, Financial Solutions Advisory Group Inc. increased its holdings in Molson Coors Beverage by 12.0% in the 3rd quarter. Financial Solutions Advisory Group Inc. now owns 33,687 shares of the company’s stock worth $1,331,000 after purchasing an additional 3,617 shares in the last quarter. 78.46% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Molson Coors Beverage

Here are the key news stories impacting Molson Coors Beverage this week:

• Positive Sentiment: Needham & Company maintained a “buy” rating, despite lowering its price target from $50 to $46. The revised target still implies potential upside from the reference price. Needham analyst recommendations
• Neutral Sentiment: Piper Sandler cut its target from $44 to $43 and kept a “neutral” rating, signaling limited conviction in a near-term recovery. Piper Sandler analyst recommendations
• Negative Sentiment: Wells Fargo downgraded TAP from “equal weight” to “underweight” and lowered its target to $36 from $38, citing sales pressure and greater inflation risks extending into 2027. Wells Fargo analyst recommendations Wells Fargo sales and inflation outlook
• Negative Sentiment: Third-quarter revenue was about $2.93 billion, below estimates and down 1.6% year over year. EPS of $1.46 was lower than the $1.67 reported a year earlier and narrowly missed some estimates, though it topped other consensus figures. Weak demand and cost inflation are squeezing results. Q3 earnings and cost inflation
• Negative Sentiment: Molson Coors cut its 2026 sales and earnings outlook and expects soft beer demand to persist, raising concerns about continued revenue and profit pressure. Molson Coors cuts outlook

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft set a $41.00 price target on Molson Coors Beverage in a research note on Wednesday, July 22nd. TD Cowen dropped their price objective on shares of Molson Coors Beverage from $43.00 to $37.00 and set a “hold” rating for the company in a report on Tuesday, October 13th. Zacks Research downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th. Citigroup cut their target price on shares of Molson Coors Beverage from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 14th. Finally, Barclays reduced their target price on shares of Molson Coors Beverage from $41.00 to $36.00 and set an “underweight” rating on the stock in a report on Friday, October 16th. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $42.65.

Molson Coors Beverage Stock Down 0.2%

Shares of TAP opened at $40.26 on Monday. The company has a market capitalization of $8.44 billion, a PE ratio of 8.57 and a beta of 0.45. Molson Coors Beverage Company has a 12 month low of $35.52 and a 12 month high of $54.82. The stock’s 50-day moving average price is $38.95 and its two-hundred day moving average price is $42.31. The company has a current ratio of 0.86, a quick ratio of 0.60 and a debt-to-equity ratio of 0.54.

Molson Coors Beverage (NYSE:TAP) last released its quarterly earnings results on Thursday, November 5th. The company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.02. The firm had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.94 billion. Molson Coors Beverage had a return on equity of 8.92% and a net margin of 6.95%. The business’s revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.67 EPS. On average, analysts anticipate that Molson Coors Beverage Company will post 4.48 EPS for the current year.

About Molson Coors Beverage