Red Spruce Capital LLC Has $1.56 Million Position in Molson Coors Beverage Company $TAP

Posted by Francis Steltz on Aug 7th, 2026

Red Spruce Capital LLC raised its stake in Molson Coors Beverage Company (NYSE:TAP – Free Report) by 68.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,036 shares of the company’s stock after purchasing an additional 16,202 shares during the period. Red Spruce Capital LLC’s holdings in Molson Coors Beverage were worth $1,560,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TAP. CX Institutional grew its stake in Molson Coors Beverage by 496.8% in the second quarter. CX Institutional now owns 1,325 shares of the company’s stock valued at $52,000 after acquiring an additional 1,103 shares during the period. Pine Valley Investments Ltd Liability Co acquired a new position in shares of Molson Coors Beverage during the first quarter valued at about $11,583,000. NewEdge Advisors LLC increased its position in shares of Molson Coors Beverage by 2,241.1% during the first quarter. NewEdge Advisors LLC now owns 24,137 shares of the company’s stock worth $1,039,000 after acquiring an additional 23,106 shares in the last quarter. Financial Solutions Advisory Group Inc. bought a new stake in shares of Molson Coors Beverage during the first quarter worth about $1,086,000. Finally, Bank of America Corp DE raised its holdings in shares of Molson Coors Beverage by 36.5% in the 1st quarter. Bank of America Corp DE now owns 1,187,921 shares of the company’s stock worth $51,152,000 after acquiring an additional 317,387 shares during the last quarter. 78.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Needham & Company LLC dropped their price target on shares of Molson Coors Beverage from $52.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Jefferies Financial Group lowered their price objective on Molson Coors Beverage from $43.00 to $41.00 in a research note on Friday, June 12th. Weiss Ratings restated a “sell (d)” rating on shares of Molson Coors Beverage in a report on Wednesday, June 24th. Zacks Research raised Molson Coors Beverage from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Finally, UBS Group decreased their price target on Molson Coors Beverage from $46.00 to $40.00 and set a “neutral” rating for the company 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 issued a Sell rating to the stock. Based on data from MarketBeat, Molson Coors Beverage has an average rating of “Hold” and a consensus price target of $44.00.

Check Out Our Latest Stock Analysis on TAP

Molson Coors Beverage Price Performance

Molson Coors Beverage stock opened at $42.36 on Friday. Molson Coors Beverage Company has a 52 week low of $38.04 and a 52 week high of $54.82. The company’s 50 day moving average price is $40.27 and its two-hundred day moving average price is $43.65. The stock has a market cap of $7.95 billion, a P/E ratio of -3.98 and a beta of 0.42. 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 (NYSE:TAP – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.07. The company had revenue of $3.10 billion during the quarter, compared to analyst estimates of $3.08 billion. Molson Coors Beverage had a positive return on equity of 9.79% and a negative net margin of 16.14%.Molson Coors Beverage’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 earnings per share. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, equities analysts predict that Molson Coors Beverage Company will post 4.77 earnings per share for the current year.

Molson Coors Beverage Dividend Announcement

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

Insider Transactions at Molson Coors Beverage

In other news, Director Geoffrey E. Molson sold 1,245 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $42.50, for a total transaction of $52,912.50. Following the completion of the sale, the director directly owned 9,871 shares of the company’s stock, valued at $419,517.50. This trade represents a 11.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.27% of the stock is owned by company insiders.

Key Stories Impacting Molson Coors Beverage

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

Positive Sentiment: Molson Coors reported second-quarter adjusted EPS of $1.58, above the $1.51 consensus estimate, while revenue of $3.10 billion also topped expectations of $3.08 billion. Molson Coors Surpasses Q2 Earnings and Revenue Estimates
Positive Sentiment: The company reaffirmed its 2026 guidance, including EPS of approximately $4.607–$4.823 and revenue of $11.0 billion–$11.3 billion. Molson Coors also plans price increases of about 1%–2%, which could help offset cost pressures. Molson Coors Reaffirms 2026 Outlook
Neutral Sentiment: The earnings outlook is broadly consistent with Wall Street expectations, limiting the scale of the positive surprise despite the quarterly beat. Molson Coors Reports Q2 In Line With Expectations
Negative Sentiment: Net sales fell 3.3% year over year, and EPS declined from $2.05 a year earlier. The company cited sluggish demand and higher supply costs, while pretax income dropped 49% to $283.1 million. Molson Coors Sales Fall Amid Demand Challenges and Supply Costs
Negative Sentiment: Management expects Midwest Premium-related inflation to exceed $130 million, underscoring ongoing margin pressure and the risk that planned price increases may not fully offset costs. Molson Coors Q2 2026 Earnings Call Transcript

Molson Coors Beverage Company Profile

(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.