The Boston Beer Company, Inc. $SAM Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. lessened its stake in shares of The Boston Beer Company, Inc. (NYSE:SAM) by 10.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,836 shares of the company’s stock after selling 5,003 shares during the quarter. Pacer Advisors Inc. owned 0.39% of Boston Beer worth $8,163,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Flagship Harbor Advisors LLC acquired a new position in shares of Boston Beer in the 4th quarter worth approximately $35,000. Covestor Ltd increased its holdings in Boston Beer by 180.9% in the 4th quarter. Covestor Ltd now owns 250 shares of the company’s stock valued at $49,000 after purchasing an additional 161 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Boston Beer by 154.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after purchasing an additional 141 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in Boston Beer by 4,780.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock valued at $52,000 after purchasing an additional 239 shares during the last quarter. Finally, Group One Trading LLC purchased a new stake in Boston Beer in the fourth quarter valued at approximately $52,000. 81.13% of the stock is currently owned by institutional investors and hedge funds.

Boston Beer Price Performance

Shares of NYSE SAM opened at $175.51 on Monday. The business has a 50-day moving average of $200.49 and a two-hundred day moving average of $212.72. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of -27.86, a price-to-earnings-growth ratio of 2.27 and a beta of 0.79. The Boston Beer Company, Inc. has a 1 year low of $158.68 and a 1 year high of $264.46.

Boston Beer (NYSE:SAM) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.64 EPS for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The business had revenue of $433.93 million during the quarter, compared to analysts’ expectations of $436.06 million. During the same quarter in the previous year, the company posted $2.16 EPS. The company’s revenue was down 4.4% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, equities research analysts expect that The Boston Beer Company, Inc. will post 9.77 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on SAM shares. Citigroup lowered their price target on Boston Beer from $270.00 to $250.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Roth Mkm set a $315.00 price objective on Boston Beer in a report on Friday, May 1st. Jefferies Financial Group set a $230.00 target price on Boston Beer in a research note on Friday, May 1st. Wall Street Zen upgraded Boston Beer from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Sanford C. Bernstein lowered their target price on Boston Beer from $218.00 to $210.00 and set a “market perform” rating for the company in a report on Tuesday, May 5th. Ten analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $235.64.

About Boston Beer

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.