Monaco Asset Management SAM Makes New $10.52 Million Investment in The Boston Beer Company, Inc. $SAM

Monaco Asset Management SAM acquired a new position in shares of The Boston Beer Company, Inc. (NYSE:SAM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 53,927 shares of the company’s stock, valued at approximately $10,523,000. Boston Beer makes up approximately 1.8% of Monaco Asset Management SAM’s investment portfolio, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SAM. Flagship Harbor Advisors LLC bought a new stake in Boston Beer during the 4th quarter worth approximately $35,000. Covestor Ltd increased its holdings in Boston Beer by 180.9% during the 4th quarter. Covestor Ltd now owns 250 shares of the company’s stock worth $49,000 after purchasing an additional 161 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Boston Beer by 154.9% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock worth $49,000 after purchasing an additional 141 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in Boston Beer by 4,780.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock worth $52,000 after purchasing an additional 239 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in Boston Beer by 254.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 280 shares of the company’s stock worth $59,000 after purchasing an additional 201 shares in the last quarter. 81.13% of the stock is owned by institutional investors.

Boston Beer Stock Down 0.2%

Shares of NYSE SAM opened at $176.97 on Monday. The Boston Beer Company, Inc. has a twelve month low of $169.98 and a twelve month high of $264.46. The stock’s 50 day moving average price is $218.83 and its 200-day moving average price is $215.20. The company has a market capitalization of $1.84 billion, a PE ratio of -28.09, a PEG ratio of 2.28 and a beta of 0.79.

Boston Beer (NYSE:SAM) last announced its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). Boston Beer had a positive return on equity of 12.08% and a negative net margin of 2.96%.The business had revenue of $433.93 million during the quarter, compared to analysts’ expectations of $436.06 million. During the same quarter in the previous year, the firm earned $2.16 EPS. Boston Beer’s quarterly revenue was down 4.4% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, research analysts expect that The Boston Beer Company, Inc. will post 9.77 EPS for the current fiscal year.

Analyst Ratings Changes

SAM has been the subject of a number of recent research reports. Zacks Research raised Boston Beer from a “strong sell” rating to a “hold” rating in a report on Thursday, April 23rd. Jefferies Financial Group set a $230.00 price objective on Boston Beer in a report on Friday, May 1st. Morgan Stanley cut their target price on Boston Beer from $235.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 6th. Evercore set a $240.00 target price on Boston Beer in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded Boston Beer from a “hold” rating to a “sell” rating in a research note on Monday, May 25th. Ten investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Boston Beer currently has a consensus rating of “Reduce” and an average target price of $235.64.

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.