32,868 Monster Beverage Corporation $MNST Shares Purchased by Harrell Investment Partners LLC

Posted by Stanley Muller on Oct 16th, 2026

Harrell Investment Partners LLC lifted its stake in shares of Monster Beverage Corporation (NASDAQ:MNST – Free Report) by 99.0% in the third quarter, Holdings Channel.com reports. The fund owned 66,058 shares of the company’s stock after acquiring an additional 32,868 shares during the quarter. Harrell Investment Partners LLC’s holdings in Monster Beverage were worth $2,749,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Monster Beverage in the second quarter valued at approximately $5,770,004,000. Bank of America Corp DE acquired a new stake in Monster Beverage in the second quarter worth $1,195,360,000. Wellington Management Group LLP increased its position in Monster Beverage by 27.8% in the 2nd quarter. Wellington Management Group LLP now owns 7,465,974 shares of the company’s stock valued at $717,629,000 after buying an additional 1,624,416 shares in the last quarter. Jupiter Topco LLC acquired a new position in shares of Monster Beverage during the second quarter worth approximately $593,075,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Monster Beverage by 23.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 7,637,514 shares of the company’s stock valued at $553,414,000 after buying an additional 1,461,167 shares in the last quarter. 72.36% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. The Goldman Sachs Group increased their price objective on Monster Beverage from $106.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $48.50 price target (down from $97.00) on shares of Monster Beverage in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 price objective (up from $98.00) on shares of Monster Beverage in a research note on Monday, August 10th. Jefferies Financial Group dropped their price objective on Monster Beverage from $108.00 to $54.00 and set a “buy” rating on the stock in a research note on Thursday, September 3rd. Finally, Morgan Stanley lifted their price objective on shares of Monster Beverage from $103.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.07.

Read Our Latest Report on MNST

Monster Beverage Trading Up 2.5%

Shares of MNST opened at $45.34 on Friday. The company has a market capitalization of $88.82 billion, a price-to-earnings ratio of 41.98, a PEG ratio of 2.74 and a beta of 0.49. The stock has a 50 day moving average of $44.69 and a 200 day moving average of $44.09. Monster Beverage Corporation has a 12 month low of $32.94 and a 12 month high of $50.17.

Monster Beverage (NASDAQ:MNST – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. Monster Beverage had a return on equity of 26.02% and a net margin of 23.08%. The business had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the firm earned $0.26 earnings per share. The business’s revenue was up 20.2% on a year-over-year basis. As a group, equities research analysts predict that Monster Beverage Corporation will post 1.16 earnings per share for the current year.

Monster Beverage Profile

(Free Report)

Monster Beverage Corporation is a beverage company that develops, markets, and distributes energy drinks and related alternative beverages. Its flagship Monster Energy brand offers a range of energy drinks in multiple flavors and formulations, including products designed for performance, focus, and lifestyle-oriented consumption.

The company’s portfolio also includes brands such as Reign, NOS, Full Throttle, Burn, and Mother, along with other energy and beverage products sold under regional or strategic brand arrangements.