California State Teachers Retirement System Boosts Holdings in Molson Coors Beverage Company $TAP

Posted by Brenda Bartman on Aug 5th, 2026

California State Teachers Retirement System increased its position in shares of Molson Coors Beverage Company (NYSE:TAP – Free Report) by 20.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 196,884 shares of the company’s stock after buying an additional 33,788 shares during the period. California State Teachers Retirement System’s holdings in Molson Coors Beverage were worth $8,478,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TAP. Norges Bank acquired a new position in shares of Molson Coors Beverage in the 4th quarter valued at approximately $125,755,000. Goldman Sachs Group Inc. grew its holdings in Molson Coors Beverage by 265.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,922,022 shares of the company’s stock worth $136,400,000 after acquiring an additional 2,122,085 shares in the last quarter. State Street Corp raised its stake in shares of Molson Coors Beverage by 19.2% in the 3rd quarter. State Street Corp now owns 10,516,810 shares of the company’s stock valued at $475,886,000 after purchasing an additional 1,693,682 shares in the last quarter. Royal London Asset Management Ltd. lifted its position in shares of Molson Coors Beverage by 317.9% during the second quarter. Royal London Asset Management Ltd. now owns 2,044,028 shares of the company’s stock worth $98,297,000 after purchasing an additional 1,554,851 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Molson Coors Beverage by 152.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,531,145 shares of the company’s stock worth $118,154,000 after acquiring an additional 1,528,004 shares in the last quarter. 78.46% of the stock is currently owned by institutional investors and hedge funds.

Molson Coors Beverage Price Performance

Shares of Molson Coors Beverage stock opened at $42.23 on Wednesday. The company has a market capitalization of $7.92 billion, a price-to-earnings ratio of -3.97 and a beta of 0.42. The stock’s 50-day simple moving average is $40.23 and its 200-day simple moving average is $43.76. The company has a quick ratio of 0.38, a current ratio of 0.54 and a debt-to-equity ratio of 0.38. Molson Coors Beverage Company has a 52 week low of $38.04 and a 52 week high of $54.82.

Molson Coors Beverage Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, August 28th will be given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, August 28th. Molson Coors Beverage’s dividend payout ratio is -18.05%.

Insider Activity

In related news, Director Geoffrey E. Molson sold 1,245 shares of Molson Coors Beverage stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $42.50, for a total value of $52,912.50. Following the completion of the transaction, the director owned 9,871 shares in the company, valued at approximately $419,517.50. The trade was a 11.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TAP. Evercore reduced their price target on Molson Coors Beverage from $50.00 to $47.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. Needham & Company LLC dropped their price objective on shares of Molson Coors Beverage from $52.00 to $50.00 and set a “buy” rating for the company in a report on Friday, May 1st. Sanford C. Bernstein dropped their price objective on shares of Molson Coors Beverage from $74.00 to $45.00 and set a “market perform” rating on the stock in a report on Tuesday, May 26th. Morgan Stanley reduced their price target on Molson Coors Beverage from $52.00 to $46.00 and set an “equal weight” rating for the company in a research note on Monday, May 4th. Finally, UBS Group reduced their target price on Molson Coors Beverage from $46.00 to $40.00 and set a “neutral” rating on the stock in a report on Thursday, July 16th. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $44.00.

Check Out Our Latest Analysis on TAP

About Molson Coors Beverage

(Free Report)

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.