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

Vanguard Group Inc. increased its position in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 950,131 shares of the company’s stock after buying an additional 43,045 shares during the quarter. Vanguard Group Inc. owned about 0.09% of Boston Beer worth $200,877,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SAM. Quent Capital LLC acquired a new stake in Boston Beer during the third quarter worth $27,000. MassMutual Private Wealth & Trust FSB grew its holdings 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 worth $34,000 after purchasing an additional 92 shares during the period. GAMMA Investing LLC increased its position in shares of Boston Beer by 81.7% during the 3rd 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. increased its position in shares of Boston Beer by 606.1% during the 2nd 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 last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Boston Beer in the 2nd quarter valued at about $50,000. 81.13% of the stock is currently owned by hedge funds and other institutional investors.

Boston Beer Stock Up 0.4%

Shares of 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 PEG ratio of 2.47 and a beta of 1.00. The Boston Beer Company, Inc. has a fifty-two week low of $185.34 and a fifty-two week high of $260.00. The firm’s 50 day moving average price is $218.06 and its 200 day moving average price is $213.95.

Boston Beer (NYSE:SAM) last posted 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. The business had revenue of $385.68 million during the quarter, compared to the consensus estimate of $381.75 million. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($1.68) earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. Research analysts forecast that The Boston Beer Company, Inc. will post 9.29 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SAM shares. Morgan Stanley lowered their target price on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 25th. Weiss Ratings lowered shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. UBS Group dropped their target price on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Citigroup upped their price target on Boston Beer from $220.00 to $230.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $245.00 price objective on shares of Boston Beer in a research note on Friday, February 20th. Ten investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $233.31.

Boston Beer 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.