The Boston Beer Company, Inc. $SAM Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. boosted its stake in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 4.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 950,131 shares of the company’s stock after purchasing an additional 43,045 shares during the period. Vanguard Group Inc. owned approximately 8.91% of Boston Beer worth $200,877,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Calamos Advisors LLC lifted its holdings in Boston Beer by 12.1% in the third quarter. Calamos Advisors LLC now owns 65,364 shares of the company’s stock valued at $13,819,000 after acquiring an additional 7,035 shares during the period. Savant Capital LLC acquired a new stake in shares of Boston Beer during the 3rd quarter worth approximately $2,030,000. Savoir Faire Capital Management L.P. increased its holdings in shares of Boston Beer by 28.4% during the 3rd quarter. Savoir Faire Capital Management L.P. now owns 38,825 shares of the company’s stock valued at $8,208,000 after purchasing an additional 8,585 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Boston Beer in the 2nd quarter valued at $12,795,000. Finally, SG Americas Securities LLC boosted its holdings in Boston Beer by 835.1% during the third quarter. SG Americas Securities LLC now owns 5,667 shares of the company’s stock worth $1,198,000 after buying an additional 5,061 shares in the last quarter. Institutional investors and hedge funds own 81.13% of the company’s stock.

Boston Beer Trading Up 0.4%

NYSE:SAM opened at $226.49 on Monday. The company has a market cap of $2.41 billion, a P/E ratio of 23.25, a P/E/G ratio of 2.47 and a beta of 1.00. The Boston Beer Company, Inc. has a twelve month low of $185.34 and a twelve month high of $260.00. The company’s 50-day moving average price is $218.06 and its 200-day moving average price is $213.95.

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on SAM shares. Citigroup lifted their price objective on shares of Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Weiss Ratings cut Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. Piper Sandler dropped their price objective on Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. Zacks Research downgraded Boston Beer from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $245.00 price target on shares of Boston Beer in a research note on Friday, February 20th. Ten equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $233.31.

Boston Beer Company Profile

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.