Vanguard Group Inc. Buys 89,053 Shares of The Boston Beer Company, Inc. $SAM

Vanguard Group Inc. raised its stake in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 9.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,039,184 shares of the company’s stock after purchasing an additional 89,053 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Boston Beer worth $202,776,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quent Capital LLC bought a new position in Boston Beer during the 3rd quarter valued at about $27,000. MassMutual Private Wealth & Trust FSB lifted its stake in Boston Beer by 137.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock valued at $34,000 after acquiring an additional 92 shares during the period. Flagship Harbor Advisors LLC bought a new position in Boston Beer during the 4th quarter valued at about $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 valued at $49,000 after acquiring an additional 141 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake 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 valued at $52,000 after acquiring an additional 239 shares during the period. Institutional investors own 81.13% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on SAM shares. Weiss Ratings cut shares of Boston Beer from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday. Zacks Research upgraded shares of Boston Beer from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $233.00 price objective on shares of Boston Beer in a research note on Friday, May 1st. UBS Group lowered their price objective on shares of Boston Beer from $250.00 to $245.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Finally, Jefferies Financial Group set a $230.00 price objective on shares of Boston Beer in a research note on Friday, May 1st. Ten analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $235.64.

Boston Beer Trading Down 2.6%

NYSE SAM opened at $197.68 on Friday. The Boston Beer Company, Inc. has a 12 month low of $185.34 and a 12 month high of $264.46. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of -31.38, a PEG ratio of 2.54 and a beta of 0.88. The company’s 50 day moving average is $233.64 and its two-hundred day moving average is $218.59.

Boston Beer (NYSE:SAM) last released its earnings results on Thursday, April 30th. The company reported $1.64 EPS 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 firm had revenue of $433.93 million for the quarter, compared to the consensus estimate of $436.06 million. During the same quarter in the previous year, the business posted $2.16 EPS. Boston Beer’s 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. Sell-side analysts forecast that The Boston Beer Company, Inc. will post 9.77 EPS for the current year.

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.