Fisher Asset Management LLC Purchases 368,721 Shares of Anheuser-Busch InBev SA/NV $BUD

Fisher Asset Management LLC grew its position in Anheuser-Busch InBev SA/NV (NYSE:BUD) by 3.3% in the fourth quarter, Holdings Channel reports. The fund owned 11,380,404 shares of the consumer goods maker’s stock after acquiring an additional 368,721 shares during the quarter. Fisher Asset Management LLC’s holdings in Anheuser-Busch InBev SA/NV were worth $728,801,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Seafarer Capital Partners LLC lifted its stake in shares of Anheuser-Busch InBev SA/NV by 1.5% in the 3rd quarter. Seafarer Capital Partners LLC now owns 1,034,000 shares of the consumer goods maker’s stock valued at $61,637,000 after acquiring an additional 15,000 shares during the last quarter. Savoir Faire Capital Management L.P. bought a new position in shares of Anheuser-Busch InBev SA/NV in the 3rd quarter valued at $2,086,000. Atlantic Union Bankshares Corp lifted its stake in shares of Anheuser-Busch InBev SA/NV by 33,184.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 15,311 shares of the consumer goods maker’s stock valued at $913,000 after acquiring an additional 15,265 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Anheuser-Busch InBev SA/NV by 53.7% in the third quarter. Victory Capital Management Inc. now owns 828,670 shares of the consumer goods maker’s stock valued at $49,397,000 after purchasing an additional 289,431 shares during the period. Finally, Caprock Group LLC acquired a new stake in Anheuser-Busch InBev SA/NV in the third quarter valued at $818,000. 5.53% of the stock is currently owned by institutional investors.

Anheuser-Busch InBev SA/NV Stock Performance

Shares of Anheuser-Busch InBev SA/NV stock opened at $83.48 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.57 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $74.68 and a two-hundred day moving average price of $70.56. Anheuser-Busch InBev SA/NV has a 1-year low of $56.97 and a 1-year high of $83.71. The company has a market cap of $162.83 billion, a P/E ratio of 22.81, a PEG ratio of 1.37 and a beta of 0.57.

Anheuser-Busch InBev SA/NV (NYSE:BUD) last issued its quarterly earnings results on Tuesday, March 31st. The consumer goods maker reported $0.97 earnings per share for the quarter. Anheuser-Busch InBev SA/NV had a return on equity of 12.26% and a net margin of 11.90%.The firm had revenue of $15.27 billion during the quarter. As a group, analysts anticipate that Anheuser-Busch InBev SA/NV will post 4.3 EPS for the current year.

Key Anheuser-Busch InBev SA/NV News

Here are the key news stories impacting Anheuser-Busch InBev SA/NV this week:

• Positive Sentiment: Zacks Research raised earnings forecasts for several upcoming periods, including FY2026, FY2027, and FY2028, signaling improved profit expectations for Anheuser-Busch InBev SA/NV (NYSE: BUD). Analyst estimate updates and rating note
• Positive Sentiment: DZ Bank reaffirmed a buy rating on Anheuser-Busch InBev SA/NV (NYSE: BUD), which may help reinforce investor confidence in the stock. DZ Bank buy rating
• Positive Sentiment: Anheuser-Busch InBev SA/NV (NYSE: BUD) announced a $5.8 million investment in its Williamsburg, Virginia brewery to expand production capacity and employee skills training, reinforcing its manufacturing commitment and support for Michelob ULTRA growth. Brewery investment announcement

Analyst Ratings Changes

A number of research firms recently weighed in on BUD. JPMorgan Chase & Co. increased their price objective on Anheuser-Busch InBev SA/NV from $84.00 to $93.83 and gave the company an “overweight” rating in a report on Thursday, May 7th. Barclays restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday, May 5th. Wells Fargo & Company increased their price objective on Anheuser-Busch InBev SA/NV from $88.00 to $93.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft restated a “neutral” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. Finally, Berenberg Bank restated a “buy” rating on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.42.

Anheuser-Busch InBev SA/NV Profile

Anheuser-Busch InBev SA/NV (NYSE: BUD) is a multinational brewing company headquartered in Leuven, Belgium. It is one of the world’s largest brewers and is primarily engaged in the production, distribution and marketing of beer and related beverages. The company’s operations span brewing, packaging, logistics and retail/customer sales support, serving a broad set of channels from on-premise hospitality to retail and e-commerce.

AB InBev’s portfolio includes a mix of global, regional and local beer brands across mainstream, premium, craft and non-alcoholic categories.