Gotham Asset Management LLC Acquires 201,752 Shares of The Boston Beer Company, Inc. $SAM

Gotham Asset Management LLC increased its holdings in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 1,752.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 213,266 shares of the company’s stock after acquiring an additional 201,752 shares during the quarter. Gotham Asset Management LLC owned approximately 2.00% of Boston Beer worth $45,089,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. California State Teachers Retirement System increased its position in shares of Boston Beer by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 8,414 shares of the company’s stock valued at $1,605,000 after purchasing an additional 57 shares during 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 worth $404,000 after buying an additional 58 shares during 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 worth $227,000 after buying an additional 60 shares during the last quarter. GAMMA Investing LLC grew its position in Boston Beer by 81.7% during the third 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 period. Finally, US Bancorp DE grew its position in Boston Beer by 28.2% during the third 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 period. Hedge funds and other institutional investors own 81.13% of the company’s stock.

Boston Beer Price Performance

Shares of SAM opened at $231.89 on Monday. The Boston Beer Company, Inc. has a 1-year low of $185.34 and a 1-year high of $260.00. The company has a market capitalization of $2.42 billion, a P/E ratio of 23.81, a P/E/G ratio of 2.53 and a beta of 1.00. The firm’s 50 day simple moving average is $224.81 and its 200 day simple moving average is $214.70.

Boston Beer (NYSE:SAM) last released 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. The business had revenue of $385.68 million during the quarter, compared to analysts’ expectations 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 company earned ($1.68) EPS. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. On average, equities analysts anticipate that The Boston Beer Company, Inc. will post 9.29 earnings per share for the current year.

Analyst Ratings Changes

SAM has been the topic of several research reports. Weiss Ratings lowered shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 25th. Citigroup increased their target price on shares of Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a research report on Wednesday, February 25th. UBS Group lowered their price target on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Piper Sandler dropped their price objective on Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $245.00 price objective on shares of Boston Beer in a report on Friday, February 20th. Ten investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Boston Beer currently has an average rating of “Reduce” and an average 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.