<div id="readability-page-1"><p>Axa S.A. reduced its position in shares of  Molson Coors Beverage Company (NYSE:TAP - Free Report) by 13.3% in the 2nd quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 329,358 shares of the company's stock after selling 50,675 shares during the period. Axa S.A. owned approximately 0.16% of Molson Coors Beverage worth $15,839,000 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 hedge funds and other institutional investors have also recently made changes to their positions in TAP. Clearstead Trust LLC boosted its position in shares of  Molson Coors Beverage by 952.8% in the 2nd quarter. Clearstead Trust LLC now owns 558 shares of the company's stock worth $27,000 after buying an additional 505 shares in the last quarter.  Elequin Capital LP purchased a new position in shares of  Molson Coors Beverage during the 1st quarter worth approximately $30,000.  Geneos Wealth Management Inc. raised its position in shares of  Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company's stock worth $49,000 after purchasing an additional 198 shares during the last quarter.  Cary Street Partners Financial LLC acquired a new position in shares of  Molson Coors Beverage during the 2nd quarter worth approximately $61,000.  Finally, Headlands Technologies LLC purchased a new stake in  Molson Coors Beverage in the 1st quarter valued at approximately $70,000. Institutional investors and hedge funds own  78.46% of the company's stock. </p><h2>Insider Activity</h2><p>In other news, Director Andrew Thomas Molson bought 7,500 shares of Molson Coors Beverage stock in a transaction on Monday, November 10th. The stock was purchased at an average cost of $46.79 per share, with a total value of $350,925.00. Following the purchase, the director directly owned 22,654 shares of the company's stock, valued at approximately $1,059,980.66. This trade represents a 49.49% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director David S. Coors purchased 2,245 shares of the company's stock in a transaction on Wednesday, November 5th. The stock was purchased at an average price of $44.47 per share, for a total transaction of $99,835.15. Following the purchase, the director directly owned 30,586 shares of the company's stock, valued at $1,360,159.42. This trade represents a 7.92% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own  2.71% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>Constellation Brands: A Fallen Star or a Hidden Value Play?</li></ul><p>Several equities analysts recently issued reports on TAP shares. Needham &amp; Company LLC reduced their price objective on shares of Molson Coors Beverage from $58.00 to $54.00 and set a &#34;buy&#34; rating on the stock in a research note on Monday, November 3rd. UBS Group lowered their price target on Molson Coors Beverage from $49.00 to $47.00 and set a &#34;neutral&#34; rating for the company in a report on Wednesday, November 5th. Weiss Ratings  restated a &#34;sell (d)&#34; rating on shares of Molson Coors Beverage in a report on Monday. Citigroup dropped their price objective on shares of Molson Coors Beverage from $51.00 to $49.00 and set a &#34;neutral&#34; rating on the stock in a research note on Thursday, October 9th. Finally, Sanford C. Bernstein reduced their target price on shares of Molson Coors Beverage from $54.00 to $50.00 and set a &#34;market perform&#34; rating on the stock in a research report on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating, ten have issued  a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock  has a consensus rating of &#34;Hold&#34; and a consensus target price of $53.59.</p><p><b>Read Our Latest Stock Report on Molson Coors Beverage</b></p><h2>Molson Coors Beverage Stock Up 3.5%</h2><ul><li>Tap Into Molson Coors Stock: A Top Beverage Value Play</li></ul><p>TAP stock opened at $46.82 on Thursday. The firm has a market cap of $9.25 billion, a price-to-earnings ratio of -4.38 and a beta of 0.45. Molson Coors Beverage Company has a 1-year low of $42.94 and a 1-year high of $64.66. The firm has a fifty day moving average price of $45.89 and a two-hundred day moving average price of $48.39. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.60 and a quick ratio of 0.45. </p><p>Molson Coors Beverage (NYSE:TAP - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $1.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.72 by ($0.05). Molson Coors Beverage had a positive return on equity of 8.78% and a negative net margin of 15.89%.The business had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $3.02 billion. Molson Coors Beverage has set its FY 2025 guidance at 5.360-5.360 EPS.  Research analysts predict that  Molson Coors Beverage Company will post 6.35 EPS for the current year. </p><h2>Molson Coors Beverage Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Investors of record on Friday, December 5th will be given a dividend of $0.47 per share. The ex-dividend date is Friday, December 5th. This represents a $1.88 dividend on an annualized basis and a yield of 4.0%. Molson Coors Beverage's payout ratio is currently -17.60%. </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>Featured Stories</h2><ul><li>Five stocks we like better than Molson Coors Beverage</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>Trading Halts Explained</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>Stock Market Upgrades: What Are They?</li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</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 reporting and unbiased coverage. 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>Axa S.A. reduced its stake in Molson Coors Beverage by 13.3% in Q2, owning 329,358 shares worth $15.8M. Several other investors adjusted their positions in TAP. Directors Andrew Molson and David Coors increased their holdings. Analysts issued mixed ratings, with a consensus "Hold" and target price of $53.59. TAP stock opened at $46.82, with a market cap of $9.25B and a P/E ratio of -4.38.</p>

Axa S.A. Cuts Stock Position in Molson Coors Beverage Company $TAP