Savoir Faire Capital Management L.P. Sells 17,062 Shares of The Boston Beer Company, Inc. $SAM

Savoir Faire Capital Management L.P. reduced its stake in The Boston Beer Company, Inc. (NYSE:SAM) by 43.9% during the 4th quarter, HoldingsChannel reports. The fund owned 21,763 shares of the company’s stock after selling 17,062 shares during the quarter. Boston Beer comprises 2.0% of Savoir Faire Capital Management L.P.’s investment portfolio, making the stock its 20th largest position. Savoir Faire Capital Management L.P.’s holdings in Boston Beer were worth $4,247,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Quent Capital LLC bought a new position in Boston Beer during the 3rd quarter worth about $27,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Boston Beer by 137.3% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock valued at $34,000 after purchasing an additional 92 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of Boston Beer during the fourth quarter worth about $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Boston Beer by 154.9% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock worth $49,000 after buying an additional 141 shares during the period. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Boston Beer by 4,780.0% during the third quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock worth $52,000 after buying an additional 239 shares in the last quarter. 81.13% of the stock is owned by institutional investors and hedge funds.

More Boston Beer News

Here are the key news stories impacting Boston Beer this week:

• Positive Sentiment: Debt-free balance sheet, strong cash flow and continued share buybacks bolster the company’s financial flexibility and support long-term investor return potential. Boston Beer: Lessons From The Hard Seltzer Bust – Now An Opportunity
• Positive Sentiment: Analyst/author views that current price discounts litigation and near-term weakness, framing SAM as a recovery/“premiumization” play with potential M&A interest if the sector consolidates. Boston Beer: Lessons From The Hard Seltzer Bust – Now An Opportunity
• Neutral Sentiment: New product/marketing: Dogfish Head launched a limited-time Survivor collaboration (brand activity can help premium positioning but is not material to near-term earnings). Dogfish Head & Survivor Nationwide Launch
• Negative Sentiment: Q1 results missed expectations — EPS $1.64 vs. consensus ~$1.96 and revenue ~$433.9M vs. ~$436.1M; revenues fell ~4.4% year-over-year, weighing on near-term profit momentum. Boston Beer (NYSE:SAM) Posts Q1 CY2026 Sales In Line With Estimates
• Negative Sentiment: Litigation hit: a recent jury verdict in favor of Ardagh led Boston Beer to record sizable litigation-related expenses, swinging results and prompting management to contest the ruling — this is the largest immediate driver of the earnings miss and investor concern. Boston Beer Swings to Loss, Cuts Outlook Citing Litigation Expenses
• Negative Sentiment: FY2026 EPS guidance set to $8.50–$10.50 vs. consensus ~9.98 — a cautious range that signals near-term earnings uncertainty and helps explain the stock’s weakness. Boston Beer Reports First Quarter Financial Results

Analysts Set New Price Targets

A number of brokerages recently issued reports on SAM. Zacks Research raised Boston Beer from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 23rd. Citigroup raised their price target on shares of Boston Beer from $230.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $245.00 price objective on shares of Boston Beer in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Boston Beer from $226.00 to $211.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Finally, Wall Street Zen upgraded shares of Boston Beer from a “sell” rating to a “hold” rating in a report on Sunday, April 12th. Ten analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $232.30.

Boston Beer Stock Performance

SAM opened at $236.87 on Friday. The business’s 50-day simple moving average is $235.05 and its 200 day simple moving average is $219.01. The Boston Beer Company, Inc. has a 52-week low of $185.34 and a 52-week high of $264.46. The firm has a market capitalization of $2.48 billion, a PE ratio of 24.32, a PEG ratio of 2.26 and a beta of 0.90.

Boston Beer (NYSE:SAM) last posted its quarterly 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). The company had revenue of $433.93 million during the quarter, compared to the consensus estimate of $436.06 million. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.16 earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, research analysts forecast that The Boston Beer Company, Inc. will post 10.08 earnings per share for the current year.

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.