Monster Beverage Corporation $MNST Position Raised by North Dakota State Investment Board

Posted by Brian Himes on Oct 31st, 2026

North Dakota State Investment Board boosted its holdings in shares of Monster Beverage Corporation (NASDAQ:MNST – Free Report) by 107.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 42,940 shares of the company’s stock after buying an additional 22,197 shares during the period. North Dakota State Investment Board’s holdings in Monster Beverage were worth $1,787,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Monster Beverage in the second quarter worth about $5,770,004,000. Ninety One UK Ltd increased its holdings in shares of Monster Beverage by 89.1% during the 3rd quarter. Ninety One UK Ltd now owns 13,105,329 shares of the company’s stock valued at $545,444,000 after acquiring an additional 6,175,047 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Monster Beverage by 0.8% during the 1st quarter. Bank of America Corp DE now owns 12,532,462 shares of the company’s stock valued at $908,102,000 after acquiring an additional 99,168 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Monster Beverage by 23.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 7,637,514 shares of the company’s stock valued at $553,414,000 after acquiring an additional 1,461,167 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of 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 acquiring an additional 1,624,416 shares in the last quarter. 72.36% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Jefferies Financial Group reduced their target price on Monster Beverage from $108.00 to $54.00 and set a “buy” rating for the company in a report on Thursday, September 3rd. The Goldman Sachs Group increased their price target on Monster Beverage from $106.00 to $110.00 and gave the company a “buy” rating in a report on Friday, August 7th. TD Cowen increased their price target on Monster Beverage from $45.00 to $47.50 and gave the company a “hold” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $100.00 price target (up from $98.00) on shares of Monster Beverage in a research report on Monday, August 10th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $47.50 price objective (up from $36.50) on shares of Monster Beverage in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Monster Beverage presently has an average rating of “Moderate Buy” and a consensus price target of $71.86.

Check Out Our Latest Stock Report on MNST

Monster Beverage Stock Performance

Monster Beverage stock opened at $47.34 on Friday. The business’s 50-day simple moving average is $44.76 and its 200-day simple moving average is $43.09. The firm has a market capitalization of $92.74 billion, a PE ratio of 43.83, a PEG ratio of 2.92 and a beta of 0.49. Monster Beverage Corporation has a 52 week low of $32.94 and a 52 week 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 during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the firm earned $0.26 EPS. The firm’s revenue was up 20.2% compared to the same quarter last year. Research analysts forecast that Monster Beverage Corporation will post 1.16 earnings per share for the current year.

Monster Beverage Company Profile

(Free Report)

Monster Beverage Corporation is a global beverage company focused primarily on the development, marketing, sale and distribution of energy drinks. Its portfolio includes the flagship Monster Energy brand, along with products marketed under brands such as NOS, Full Throttle, Reign, Burn and Mother. The company offers a range of energy drinks in different flavors and formulations, including products positioned for performance, fitness and everyday consumption.

The company traces its origins to Hansen Natural Corporation, which was founded in 1935 and changed its name to Monster Beverage Corporation in 2012 as the Monster Energy brand became increasingly central to its business.