JPMorgan Chase & Co. Buys 175,587 Shares of Molson Coors Beverage Company $TAP
JPMorgan Chase & Co. increased its stake in Molson Coors Beverage Company ($TAP) by 20.4%, acquiring an additional 175,587 shares, bringing their total ownership to 1,036,110 shares valued at approximately $49.83 million. This increase in institutional investment comes as Molson Coors reported an earnings miss for the quarter and set its FY2025 guidance, maintaining an average "Hold" rating from analysts with a target price of $53.59. The company also declared a quarterly dividend of $0.47, reflecting a 4.0% yield.
https://www.marketbeat.com/instant-alerts/filing-jpmorgan-chase-co-buys-175587-shares-of-molson-coors-beverage-company-tap-2025-12-01/