1,094,718 Monster Beverage Corporation $MNST Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Posted by Brian Himes on Oct 31st, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of Monster Beverage Corporation (NASDAQ:MNST – Free Report) by 119.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,007,618 shares of the company’s stock after acquiring an additional 1,094,718 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Monster Beverage were worth $83,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of MNST. BlackRock Inc. purchased a new position in Monster Beverage in the 2nd quarter worth about $5,770,004,000. Bank of America Corp DE purchased a new stake in shares of Monster Beverage during the 2nd quarter valued at about $1,195,360,000. Wellington Management Group LLP boosted its holdings in shares of Monster Beverage by 27.8% during 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 during the last quarter. Jupiter Topco LLC bought a new stake in shares of Monster Beverage in the second quarter worth approximately $593,075,000. Finally, Arrowstreet Capital Limited Partnership grew 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 worth $553,414,000 after acquiring an additional 1,461,167 shares during the period. 72.36% of the stock is currently owned by institutional investors.

Monster Beverage Stock Up 2.1%

Monster Beverage stock opened at $47.34 on Friday. Monster Beverage Corporation has a 52-week low of $32.94 and a 52-week high of $50.17. The company has a market cap of $92.74 billion, a P/E ratio of 43.83, a P/E/G ratio of 2.92 and a beta of 0.49. The business has a 50-day simple moving average of $44.76 and a two-hundred day simple moving average of $43.09.

Monster Beverage (NASDAQ:MNST – Get Free Report) last issued 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. The firm had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Monster Beverage had a net margin of 23.08% and a return on equity of 26.02%. The business’s quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.26 EPS. Research analysts anticipate that Monster Beverage Corporation will post 1.16 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on MNST shares. Weiss Ratings cut shares of Monster Beverage from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, October 19th. BNP Paribas Exane reaffirmed a “neutral” rating and issued a $98.00 target price (up from $84.00) on shares of Monster Beverage in a research report on Monday, September 28th. Citigroup reaffirmed a “buy” rating on shares of Monster Beverage in a research report on Thursday, October 22nd. Sanford C. Bernstein decreased their target price on shares of Monster Beverage from $95.00 to $50.00 in a research note on Sunday, August 23rd. Finally, Piper Sandler reissued an “overweight” rating and set a $50.50 price target on shares of Monster Beverage in a report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $71.86.

View Our Latest Analysis on MNST

About Monster Beverage

(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.