The Boston Beer Company, Inc. $SAM Stock Holdings Trimmed by Centiva Capital LP

Centiva Capital LP lowered its position in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 77.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,133 shares of the company’s stock after selling 3,796 shares during the quarter. Centiva Capital LP’s holdings in Boston Beer were worth $240,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Quent Capital LLC bought a new stake in shares of Boston Beer in the 3rd quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB raised its position in shares of Boston Beer by 137.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock valued at $34,000 after acquiring an additional 92 shares in the last quarter. GAMMA Investing LLC lifted its stake in Boston Beer by 81.7% during the third quarter. GAMMA Investing LLC now owns 189 shares of the company’s stock worth $40,000 after purchasing an additional 85 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in Boston Beer by 606.1% in the second quarter. TD Waterhouse Canada Inc. now owns 233 shares of the company’s stock worth $46,000 after purchasing an additional 200 shares during the period. Finally, Elevation Point Wealth Partners LLC acquired a new position in Boston Beer in the second quarter worth $50,000. Institutional investors own 81.13% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on SAM. Morgan Stanley dropped their target price on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $245.00 price target on shares of Boston Beer in a report on Friday, February 20th. Citigroup boosted their price objective on shares of Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Wednesday, February 25th. Zacks Research cut shares of Boston Beer from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings downgraded Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 25th. Ten analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Boston Beer has an average rating of “Reduce” and a consensus target price of $233.31.

Boston Beer Stock Performance

SAM stock opened at $225.49 on Tuesday. The Boston Beer Company, Inc. has a 1 year low of $185.34 and a 1 year high of $260.00. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 2.53 and a beta of 1.00. The stock’s fifty day moving average is $225.37 and its two-hundred day moving average is $214.77.

Boston Beer (NYSE:SAM) last released its quarterly earnings results on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, topping the consensus estimate of ($2.33) by $0.21. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. The business had revenue of $385.68 million during the quarter, compared to analyst estimates of $381.75 million. During the same quarter in the prior year, the firm earned ($1.68) earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, analysts predict that The Boston Beer Company, Inc. will post 9.29 EPS for the current fiscal year.

About Boston Beer

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.