Tejara Capital Ltd Makes New $1.35 Million Investment in The Boston Beer Company, Inc. $SAM

Tejara Capital Ltd acquired a new position in The Boston Beer Company, Inc. (NYSE:SAM) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 6,900 shares of the company’s stock, valued at approximately $1,346,000.

Other hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC lifted its stake 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 acquiring an additional 500,120 shares during the period. Gotham Asset Management LLC increased its position in Boston Beer by 1,752.2% during the 3rd quarter. Gotham Asset Management LLC now owns 213,266 shares of the company’s stock valued at $45,089,000 after purchasing an additional 201,752 shares during the period. Vanguard Group Inc. increased its position in Boston Beer by 9.4% during the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after purchasing an additional 89,053 shares during the period. Qube Research & Technologies Ltd raised its holdings in Boston Beer by 278.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 112,507 shares of the company’s stock worth $21,467,000 after purchasing an additional 82,742 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Boston Beer by 266.7% in the 2nd quarter. Quantinno Capital Management LP now owns 77,337 shares of the company’s stock worth $14,757,000 after purchasing an additional 56,248 shares in the last quarter. 81.13% of the stock is owned by hedge funds and other institutional investors.

Boston Beer Price Performance

NYSE:SAM opened at $172.74 on Friday. The firm’s 50-day moving average price is $229.65 and its 200-day moving average price is $217.27. The company has a market capitalization of $1.80 billion, a PE ratio of -27.42, a P/E/G ratio of 2.31 and a beta of 0.88. The Boston Beer Company, Inc. has a 1-year low of $169.98 and a 1-year high of $264.46.

Boston Beer (NYSE:SAM) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The business had revenue of $433.93 million for the quarter, compared to analysts’ expectations of $436.06 million. During the same period last year, the business earned $2.16 earnings per share. The company’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. Equities analysts anticipate that The Boston Beer Company, Inc. will post 9.77 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SAM shares. Royal Bank Of Canada cut their target price on shares of Boston Beer from $245.00 to $242.00 and set a “sector perform” rating on the stock in a research note on Friday, May 1st. Morgan Stanley decreased their price target on shares of Boston Beer from $235.00 to $220.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 6th. Jefferies Financial Group set a $230.00 price objective on Boston Beer in a research report on Friday, May 1st. Weiss Ratings downgraded Boston Beer from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Finally, Citigroup decreased their target price on Boston Beer from $270.00 to $250.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Ten research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $235.64.

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.