Gamco Investors INC. ET AL Acquires 5,089 Shares of The Boston Beer Company, Inc. $SAM

Key Points

• Gamco Investors raised its stake in The Boston Beer Company by 29.6%, buying 5,089 shares to hold 22,294 shares (0.21% of the company) worth approximately $4.713 million at quarter-end.
• Analysts have trimmed targets and ratings recently, leaving a consensus rating of "Reduce" with an average price target of $233.31 (10 Hold ratings and 3 Sell ratings).
• Boston Beer beat Q results with EPS of ($2.12) versus consensus ($2.33) and revenue of $385.68M (down 4.1% YoY), and set FY2026 EPS guidance of 8.50–11.00, while analysts expect about 9.29 EPS for the year.

Gamco Investors INC. ET AL raised its holdings in The Boston Beer Company, Inc. (NYSE:SAM - Free Report) by 29.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,294 shares of the company's stock after buying an additional 5,089 shares during the quarter. Gamco Investors INC. ET AL owned 0.21% of Boston Beer worth $4,713,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC bought a new stake in shares of Boston Beer in the third quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB increased its position in Boston Beer by 137.3% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company's stock worth $34,000 after acquiring an additional 92 shares during the period. GAMMA Investing LLC increased its position in Boston Beer by 81.7% during the third quarter. GAMMA Investing LLC now owns 189 shares of the company's stock worth $40,000 after acquiring an additional 85 shares during the period. TD Waterhouse Canada Inc. raised its stake in Boston Beer by 606.1% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 233 shares of the company's stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in Boston Beer in the 2nd quarter valued at $50,000. 81.13% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on SAM. Morgan Stanley decreased their price target on shares of Boston Beer from $245.00 to $235.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 25th. Piper Sandler decreased their target price on Boston Beer from $230.00 to $220.00 and set a "neutral" rating on the stock in a research report on Friday, November 21st. Weiss Ratings lowered Boston Beer from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, February 25th. Citigroup raised their price objective on Boston Beer from $220.00 to $230.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 25th. Finally, Zacks Research lowered Boston Beer from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 24th. Ten investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus target price of $233.31.

Boston Beer Stock Down 0.5%

NYSE SAM opened at $230.93 on Tuesday. The Boston Beer Company, Inc. has a twelve month low of $185.34 and a twelve month high of $260.00. The stock has a market cap of $2.41 billion, a P/E ratio of 23.71, a PEG ratio of 2.53 and a beta of 1.00. The company's 50-day simple moving average is $222.00 and its 200 day simple moving average is $214.37.

Boston Beer (NYSE:SAM - Get Free Report) last announced its quarterly earnings results 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 net margin of 5.20% and a return on equity of 12.16%. The firm had revenue of $385.68 million during the quarter, compared to analysts' expectations of $381.75 million. During the same quarter last year, the company earned ($1.68) earnings per share. The company's revenue for the quarter was down 4.1% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. Research analysts anticipate that The Boston Beer Company, Inc. will post 9.29 earnings per share for the current year.

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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