Clough Capital Partners L P Purchases Shares of 7,440 The Boston Beer Company, Inc. $SAM

Clough Capital Partners L P purchased a new stake in The Boston Beer Company, Inc. (NYSE:SAM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,440 shares of the company’s stock, valued at approximately $1,573,000. Clough Capital Partners L P owned 0.07% of Boston Beer as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in Boston Beer by 4.7% in the 3rd quarter. Vanguard Group Inc. now owns 950,131 shares of the company’s stock valued at $200,877,000 after purchasing an additional 43,045 shares during the last quarter. AQR Capital Management LLC lifted its stake in Boston Beer by 340.4% during the third quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock worth $136,801,000 after purchasing an additional 500,120 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Boston Beer by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock worth $56,191,000 after buying an additional 3,336 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Boston Beer by 8.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 258,403 shares of the company’s stock valued at $54,632,000 after buying an additional 19,294 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Boston Beer by 35.7% in the third quarter. American Century Companies Inc. now owns 123,034 shares of the company’s stock valued at $26,012,000 after buying an additional 32,382 shares in the last quarter. Hedge funds and other institutional investors own 81.13% of the company’s stock.

Boston Beer Trading Up 1.2%

Shares of SAM opened at $231.89 on Friday. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 2.53 and a beta of 1.00. The firm’s fifty day simple moving average is $224.81 and its 200-day simple moving average is $214.76. The Boston Beer Company, Inc. has a twelve month low of $185.34 and a twelve month high of $260.00.

Boston Beer (NYSE:SAM) last issued its 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 the consensus estimate of $381.75 million. During the same quarter in the previous year, the firm posted ($1.68) earnings per share. The company’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. On average, analysts predict that The Boston Beer Company, Inc. will post 9.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on SAM. 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 note on Wednesday, February 25th. Zacks Research downgraded Boston Beer from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. Weiss Ratings lowered shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 25th. Piper Sandler reduced their price target 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, Citigroup lifted their price objective on shares of Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Ten investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $233.31.

Boston Beer 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.