7,440 Shares in The Boston Beer Company, Inc. $SAM Acquired by Clough Capital Partners L P

Clough Capital Partners L P purchased a new stake in The Boston Beer Company, Inc. (NYSE:SAM) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 7,440 shares of the company’s stock, valued at approximately $1,573,000.

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Weiss Ratings cut shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 25th. Zacks Research lowered Boston Beer from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Morgan Stanley cut their target price on 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. UBS Group reduced their target price on Boston Beer from $234.00 to $230.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $245.00 target price on shares of Boston Beer in a research report on Friday, February 20th. Ten equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Boston Beer has an average rating of “Reduce” and an average target price of $233.31.

Boston Beer Stock Performance

Shares of Boston Beer stock opened at $231.89 on Friday. The Boston Beer Company, Inc. has a one year low of $185.34 and a one year high of $260.00. The company has a market cap of $2.42 billion, a P/E ratio of 23.81, a PEG ratio of 2.53 and a beta of 1.00. The firm has a fifty day moving average of $224.81 and a two-hundred day moving average of $214.76.

Boston Beer (NYSE:SAM) last issued its earnings results on Tuesday, February 24th. The company reported ($2.12) earnings per share for the quarter, beating the consensus estimate of ($2.33) by $0.21. The business had revenue of $385.68 million for the quarter, compared to the consensus estimate of $381.75 million. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. The business’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($1.68) earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, equities analysts predict 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.