Gabelli Funds LLC Increases Position in The Boston Beer Company, Inc. $SAM

Key Points

• Gabelli Funds LLC increased its stake in The Boston Beer Company by 62.4% in Q3, buying 11,800 shares to hold 30,700 shares worth about $6.49 million (roughly 0.29% of the company).
• Boston Beer beat Q4 estimates with EPS of ($2.12) vs. consensus ($2.33) and revenue of $385.68M (vs. $381.75M), though revenue was down 4.1% YoY; the company set FY2026 guidance of 8.50–11.00 EPS while analysts average 9.29 EPS and assign a consensus price target of $233.31 with an overall "Reduce" rating.

Gabelli Funds LLC grew its position in shares of The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 62.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,700 shares of the company's stock after purchasing an additional 11,800 shares during the period. Gabelli Funds LLC owned approximately 0.29% of Boston Beer worth $6,491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. California State Teachers Retirement System grew its stake in shares of Boston Beer by 0.7% in the second quarter. California State Teachers Retirement System now owns 8,414 shares of the company's stock valued at $1,605,000 after buying an additional 57 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Boston Beer by 2.8% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,115 shares of the company's stock worth $404,000 after acquiring an additional 58 shares in the last quarter. Great Valley Advisor Group Inc. lifted its stake in Boston Beer by 5.3% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,192 shares of the company's stock worth $227,000 after acquiring an additional 60 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Boston Beer by 81.7% during the 3rd quarter. GAMMA Investing LLC now owns 189 shares of the company's stock valued at $40,000 after acquiring an additional 85 shares during the period. Finally, US Bancorp DE boosted its holdings in Boston Beer by 28.2% during the 3rd quarter. US Bancorp DE now owns 386 shares of the company's stock valued at $82,000 after acquiring an additional 85 shares during the period. 81.13% of the stock is currently owned by hedge funds and other institutional investors.

Boston Beer Price Performance

SAM stock opened at $230.93 on Tuesday. The business's 50-day moving average is $222.00 and its two-hundred day moving average is $214.37. The firm 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 Boston Beer Company, Inc. has a 1 year low of $185.34 and a 1 year high of $260.00.

Boston Beer (NYSE:SAM - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, topping analysts' consensus estimates of ($2.33) by $0.21. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The business had revenue of $385.68 million during the quarter, compared to the consensus estimate of $381.75 million. During the same period in the previous year, the company posted ($1.68) earnings per share. The business's revenue for the quarter was down 4.1% on a year-over-year basis. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. On average, analysts expect that The Boston Beer Company, Inc. will post 9.29 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SAM. Royal Bank Of Canada reiterated a "sector perform" rating and set a $245.00 price target on shares of Boston Beer in a research note on Friday, February 20th. Zacks Research lowered shares of Boston Beer from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 24th. Weiss Ratings cut shares of Boston Beer from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, February 25th. Citigroup upped their target price on shares of Boston Beer from $220.00 to $230.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 25th. Finally, Morgan Stanley decreased their price target on shares of Boston Beer from $245.00 to $235.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 25th. Ten equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Boston Beer presently has an average 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.

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