Gamco Investors INC. ET AL Buys 5,776 Shares of The Boston Beer Company, Inc. $SAM

Gamco Investors INC. ET AL boosted its position in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 25.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,070 shares of the company’s stock after acquiring an additional 5,776 shares during the period. Gamco Investors INC. ET AL’s holdings in Boston Beer were worth $5,477,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Boston Beer by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after acquiring an additional 89,053 shares during the period. AQR Capital Management LLC lifted its position in Boston Beer by 340.4% in the third quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock worth $136,801,000 after purchasing an additional 500,120 shares during the period. Dimensional Fund Advisors LP lifted its position in Boston Beer by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock worth $56,191,000 after purchasing an additional 3,336 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Boston Beer by 8.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 258,403 shares of the company’s stock worth $54,632,000 after purchasing an additional 19,294 shares during the period. Finally, Gotham Asset Management LLC lifted its position in Boston Beer by 1,752.2% in the third quarter. Gotham Asset Management LLC now owns 213,266 shares of the company’s stock worth $45,089,000 after purchasing an additional 201,752 shares during the period. 81.13% of the stock is currently owned by institutional investors.

Boston Beer Stock Performance

SAM opened at $178.36 on Wednesday. The firm’s 50-day simple moving average is $226.27 and its 200-day simple moving average is $216.31. The Boston Beer Company, Inc. has a twelve month low of $169.98 and a twelve month high of $264.46. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of -28.31, a PEG ratio of 2.24 and a beta of 0.88.

Boston Beer (NYSE:SAM) last posted its earnings results on Thursday, April 30th. The company reported $1.64 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $436.06 million. During the same period in the previous year, the company posted $2.16 EPS. The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, sell-side analysts anticipate that The Boston Beer Company, Inc. will post 9.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SAM. Sanford C. Bernstein reduced their target price on Boston Beer from $218.00 to $210.00 and set a “market perform” rating for the company in a research report on Tuesday, May 5th. Evercore set a $240.00 target price on shares of Boston Beer in a research note on Friday, May 1st. Morgan Stanley lowered their target price on shares of Boston Beer from $235.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 6th. Roth Mkm set a $315.00 target price on shares of Boston Beer in a research note on Friday, May 1st. Finally, Zacks Research raised shares of Boston Beer from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 23rd. Ten research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Boston Beer has a consensus rating of “Reduce” and an average target price of $235.64.

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.