Odyssean LLC Boosts Stock Position in The Boston Beer Company, Inc. $SAM

Odyssean LLC raised its holdings in The Boston Beer Company, Inc. (NYSE:SAM) by 152.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,344 shares of the company’s stock after acquiring an additional 9,867 shares during the quarter. Odyssean LLC owned approximately 0.16% of Boston Beer worth $2,893,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC boosted its stake in shares of Boston Beer by 340.4% during the third quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock valued at $136,801,000 after purchasing an additional 500,120 shares during the period. Quantinno Capital Management LP lifted its holdings in Boston Beer by 155.2% during the 1st quarter. Quantinno Capital Management LP now owns 230,587 shares of the company’s stock valued at $53,127,000 after buying an additional 140,247 shares in the last quarter. Woodson Capital Management LP purchased a new stake in Boston Beer in the 4th quarter valued at about $19,513,000. Vanguard Group Inc. grew its stake in Boston Beer by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock worth $202,776,000 after acquiring an additional 89,053 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Boston Beer by 278.0% during the second quarter. Qube Research & Technologies Ltd now owns 112,507 shares of the company’s stock worth $21,467,000 after acquiring an additional 82,742 shares during the period. Hedge funds and other institutional investors own 81.13% of the company’s stock.

Boston Beer Trading Down 1.5%

NYSE SAM opened at $169.14 on Friday. The firm’s fifty day simple moving average is $180.70 and its two-hundred day simple moving average is $201.23. The firm has a market capitalization of $1.76 billion, a P/E ratio of -24.91 and a beta of 0.83. The Boston Beer Company, Inc. has a 12-month low of $158.68 and a 12-month high of $264.46.

Boston Beer (NYSE:SAM) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $3.65 EPS for the quarter, missing the consensus estimate of $4.83 by ($1.18). The company had revenue of $568.34 million during the quarter, compared to analysts’ expectations of $566.68 million. Boston Beer had a negative net margin of 3.42% and a positive return on equity of 9.99%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $5.45 earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, sell-side analysts predict that The Boston Beer Company, Inc. will post 8.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on SAM shares. Wall Street Zen raised Boston Beer from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada dropped their price target on Boston Beer from $234.00 to $210.00 and set a “sector perform” rating on the stock in a research report on Friday, July 24th. Roth Capital restated a “buy” rating and set a $295.00 price target (down from $315.00) on shares of Boston Beer in a research note on Friday, July 24th. Citigroup decreased their price objective on Boston Beer from $195.00 to $185.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Boston Beer in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $206.91.

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.