Gamco Investors INC. ET AL Has $4.71 Million Stock Holdings in The Boston Beer Company, Inc. $SAM

Gamco Investors INC. ET AL increased its position in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 29.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,294 shares of the company’s stock after purchasing an additional 5,089 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Boston Beer were worth $4,713,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd grew its stake in 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 buying an additional 82,742 shares during the last quarter. Acadian Asset Management LLC acquired a new position in shares of Boston Beer in the 2nd quarter worth approximately $12,795,000. Arrowstreet Capital Limited Partnership grew its position in Boston Beer by 34.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 239,109 shares of the company’s stock worth $45,624,000 after acquiring an additional 60,880 shares during the last quarter. Quantinno Capital Management LP increased its holdings in Boston Beer by 266.7% during the 2nd quarter. Quantinno Capital Management LP now owns 77,337 shares of the company’s stock valued at $14,757,000 after purchasing an additional 56,248 shares in the last quarter. Finally, American Century Companies Inc. raised its position in Boston Beer by 159.0% in the 2nd quarter. American Century Companies Inc. now owns 90,652 shares of the company’s stock valued at $17,298,000 after purchasing an additional 55,645 shares during the last quarter. 81.13% of the stock is owned by institutional investors.

Boston Beer Trading Down 0.5%

Shares of NYSE:SAM opened at $230.93 on Tuesday. The Boston Beer Company, Inc. has a 1-year low of $185.34 and a 1-year high of $260.00. The stock has a market capitalization of $2.41 billion, a P/E ratio of 23.71, a P/E/G ratio of 2.53 and a beta of 1.00. The business has a 50-day moving average price of $222.00 and a two-hundred day moving average price of $214.37.

Boston Beer (NYSE:SAM) last issued 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 company had revenue of $385.68 million during the quarter, compared to analysts’ expectations of $381.75 million. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. Boston Beer’s revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($1.68) EPS. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, equities analysts predict that The Boston Beer Company, Inc. will post 9.29 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. UBS Group decreased their target price on Boston Beer from $234.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Weiss Ratings lowered shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 25th. Zacks Research downgraded shares of Boston Beer from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. Piper Sandler decreased their price target on shares of Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $245.00 price target on shares of Boston Beer in a report 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus 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.