The Boston Beer Company, Inc. $SAM Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its position in The Boston Beer Company, Inc. (NYSE:SAM) by 35.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 123,034 shares of the company’s stock after acquiring an additional 32,382 shares during the period. American Century Companies Inc. owned about 1.15% of Boston Beer worth $26,012,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Calamos Advisors LLC raised its holdings in Boston Beer by 12.1% in the 3rd quarter. Calamos Advisors LLC now owns 65,364 shares of the company’s stock worth $13,819,000 after purchasing an additional 7,035 shares during the period. Savoir Faire Capital Management L.P. grew its holdings in Boston Beer by 28.4% in the third quarter. Savoir Faire Capital Management L.P. now owns 38,825 shares of the company’s stock valued at $8,208,000 after purchasing an additional 8,585 shares during the period. Savant Capital LLC acquired a new stake in Boston Beer in the third quarter valued at approximately $2,030,000. Acadian Asset Management LLC purchased a new stake in shares of Boston Beer in the second quarter valued at approximately $12,795,000. Finally, SG Americas Securities LLC raised its stake in shares of Boston Beer by 835.1% during the 3rd quarter. SG Americas Securities LLC now owns 5,667 shares of the company’s stock worth $1,198,000 after buying an additional 5,061 shares during the period. 81.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SAM shares. Morgan Stanley decreased 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. Royal Bank Of Canada restated a “sector perform” rating and set a $245.00 price objective on shares of Boston Beer in a research report on Friday, February 20th. Zacks Research downgraded shares of Boston Beer from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Piper Sandler dropped their target price on shares of Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, UBS Group cut their target price on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Ten investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $233.31.

Boston Beer Price Performance

Shares of NYSE:SAM opened at $232.88 on Monday. The Boston Beer Company, Inc. has a 1 year low of $185.34 and a 1 year high of $260.00. The firm has a market capitalization of $2.43 billion, a PE ratio of 23.91, a P/E/G ratio of 2.53 and a beta of 1.00. The business’s 50 day moving average price is $221.33 and its 200-day moving average price is $214.28.

Boston Beer (NYSE:SAM) last posted its quarterly earnings data on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, beating the consensus estimate of ($2.33) by $0.21. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The firm had revenue of $385.68 million during the quarter, compared to the consensus estimate of $381.75 million. During the same period in the prior year, the company earned ($1.68) EPS. The firm’s revenue 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. As a group, analysts expect 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.