<div id="readability-page-1"><p>Janney Montgomery Scott LLC decreased its stake in  Molson Coors Beverage Company (NYSE:TAP - Free Report) by 51.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,382 shares of the company's stock after selling 12,299 shares during the period. Janney Montgomery Scott LLC's holdings in Molson Coors Beverage were worth $547,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Molson Coors Beverage</strong> alerts:</span></p></div><ul><li>These 3 Consumer Staple Giants Are Oversold and Set to Skyrocket</li></ul><p>Several other institutional investors and hedge funds also recently modified their holdings of the stock. Golden State Wealth Management LLC lifted its position in  Molson Coors Beverage by 230.2% during the 1st quarter. Golden State Wealth Management LLC now owns 416 shares of the company's stock worth $25,000 after acquiring an additional 290 shares in the last quarter.  Millstone Evans Group LLC raised its stake in shares of  Molson Coors Beverage by 151.8% during the first quarter. Millstone Evans Group LLC now owns 423 shares of the company's stock valued at $26,000 after purchasing an additional 255 shares during the period.  Elequin Capital LP purchased a new stake in shares of  Molson Coors Beverage during the first quarter valued at approximately $30,000.  Eastern Bank purchased a new stake in shares of  Molson Coors Beverage during the first quarter valued at approximately $33,000.  Finally, Geneos Wealth Management Inc. grew its holdings in  Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company's stock valued at $49,000 after purchasing an additional 198 shares in the last quarter. Hedge funds and other institutional investors own  78.46% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities analysts have weighed in on the stock. Evercore ISI decreased their price objective on shares of Molson Coors Beverage from $58.00 to $53.00 and set an &#34;outperform&#34; rating for the company in a research report on Wednesday, August 6th. The Goldman Sachs Group cut their price target on Molson Coors Beverage from $67.00 to $57.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday, October 2nd. Wells Fargo &amp; Company dropped their price objective on Molson Coors Beverage from $58.00 to $55.00 and set an &#34;overweight&#34; rating on the stock in a report on Thursday, September 25th. Sanford C. Bernstein dropped their price objective on Molson Coors Beverage from $65.00 to $55.00 and set a &#34;market perform&#34; rating on the stock in a report on Wednesday, July 9th. Finally, Piper Sandler decreased their price target on shares of Molson Coors Beverage from $53.00 to $52.00 and set a &#34;neutral&#34; rating for the company in a research report on Tuesday, September 30th. Six analysts have rated the stock with a Buy rating, ten have issued  a Hold rating and one  has issued  a Sell rating to the stock. Based on data from MarketBeat.com, the company  has an average rating of &#34;Hold&#34; and an average price target of $56.62.</p><ul><li>Constellation Brands: A Fallen Star or a Hidden Value Play?</li></ul><p><b>Check Out Our Latest Analysis on Molson Coors Beverage</b></p><h2>Molson Coors Beverage Stock Performance</h2><p>Shares of TAP opened at $47.06 on Friday. The stock has a market capitalization of $9.30 billion, a PE ratio of 9.28, a price-to-earnings-growth ratio of 1.69 and a beta of 0.63. Molson Coors Beverage Company has a 12-month low of $43.80 and a 12-month high of $64.66. The business's fifty day moving average price is $48.40 and its 200 day moving average price is $51.78. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.95 and a quick ratio of 0.67. </p><ul><li>Tap Into Molson Coors Stock: A Top Beverage Value Play</li></ul><p>Molson Coors Beverage (NYSE:TAP - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $2.05 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.22. Molson Coors Beverage had a net margin of 7.81% and a return on equity of 8.61%. The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter in the prior year, the firm earned $1.92 EPS. The company's revenue for the quarter was down 1.6% compared to the same quarter last year.  Molson Coors Beverage has set its FY 2025 guidance at 5.360-5.540 EPS. Equities research analysts forecast that  Molson Coors Beverage Company will post 6.35 EPS for the current year. </p><h2>Molson Coors Beverage Company Profile</h2> (Free Report)<p>Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, spirits and energy, and ready to drink beverages.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Molson Coors Beverage</li><li>How to Use Stock Screeners to Find Stocks</li><li>Salesforce’s Long-Awaited Inflection is Here: Rally On!</li><li>Investing in the High PE Growth Stocks </li><li>Rocket Lab USA Receives Wall Street Validation: Time to Buy?</li><li>2 Rising CRM Platform Stocks That Can Surge Higher in 2025 </li><li>Archer Buys Rival's Patent Treasure Trove in Strategic Move</li></ul><p><strong>Want to see what other hedge funds are holding TAP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Molson Coors Beverage Company (NYSE:TAP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRBUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRBUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Molson Coors Beverage Right Now?</h2><p>Before you consider Molson Coors Beverage, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Molson Coors Beverage wasn't on the list.</p><p>While Molson Coors Beverage currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TAP.A

<p>Janney Montgomery Scott LLC reduced its stake in Molson Coors Beverage Company (NYSE:TAP) by 51.9% in Q2, now holding 11,382 shares valued at $547,000. Other institutional investors have also adjusted their positions. Analysts have downgraded price targets for TAP, with an average target of $56.62. The stock opened at $47.06, with a market cap of $9.30 billion and a PE ratio of 9.28. Molson Coors reported Q2 earnings of $2.05 per share, exceeding estimates, but revenue declined 1.6% year-over-year.</p>

Molson Coors Beverage Company $TAP Shares Sold by Janney Montgomery Scott LLC