Representative Josh Gottheimer (D-New Jersey) recently sold shares of Ambev S.A. NYSE: ABEV. In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Ambev stock on February 7th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 2/28/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 2/28/2025.
- Sold $1,001 - $15,000 in shares of Block NYSE: XYZ on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of Fiserv NYSE: FI on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Vertiv NYSE: VRT on 2/25/2025.
Ambev Stock Down 2.0 %
NYSE:ABEV traded down $0.05 during midday trading on Tuesday, reaching $2.19. The company had a trading volume of 23,263,201 shares, compared to its average volume of 25,075,133. The firm has a market capitalization of $34.42 billion, a price-to-earnings ratio of 12.14, a PEG ratio of 5.80 and a beta of 0.94. The stock's fifty day simple moving average is $1.89 and its 200-day simple moving average is $2.12. Ambev S.A. has a 12-month low of $1.76 and a 12-month high of $2.58. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 0.02.
Ambev (NYSE:ABEV - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The company had revenue of $4.63 billion during the quarter, compared to analysts' expectations of $22.42 billion. Ambev had a net margin of 17.02% and a return on equity of 16.12%. On average, sell-side analysts anticipate that Ambev S.A. will post 0.18 earnings per share for the current fiscal year.
Ambev Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Tuesday, March 18th will be issued a $0.0221 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.09 dividend on an annualized basis and a yield of 4.04%. Ambev's dividend payout ratio (DPR) is presently 52.94%.
Wall Street Analyst Weigh In
ABEV has been the topic of a number of research analyst reports. StockNews.com initiated coverage on Ambev in a research report on Monday, January 27th. They set a "buy" rating on the stock. Citigroup reiterated a "neutral" rating on shares of Ambev in a research report on Wednesday, January 22nd. Barclays cut their target price on Ambev from $2.50 to $2.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 21st. Finally, Bank of America cut Ambev from a "buy" rating to a "neutral" rating in a research report on Friday, January 17th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $2.45.
Check Out Our Latest Stock Report on Ambev
Hedge Funds Weigh In On Ambev
Institutional investors have recently added to or reduced their stakes in the stock. State Street Corp increased its position in Ambev by 9.2% in the 3rd quarter. State Street Corp now owns 10,425,374 shares of the company's stock valued at $25,438,000 after acquiring an additional 878,900 shares during the period. Jane Street Group LLC increased its position in Ambev by 132.9% in the 3rd quarter. Jane Street Group LLC now owns 1,976,147 shares of the company's stock valued at $4,822,000 after acquiring an additional 1,127,719 shares during the period. HighTower Advisors LLC increased its position in Ambev by 18.3% in the 3rd quarter. HighTower Advisors LLC now owns 54,013 shares of the company's stock valued at $129,000 after acquiring an additional 8,350 shares during the period. Stifel Financial Corp increased its position in Ambev by 298.1% in the 3rd quarter. Stifel Financial Corp now owns 802,016 shares of the company's stock valued at $1,957,000 after acquiring an additional 600,545 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its position in Ambev by 32.0% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 1,067,893 shares of the company's stock valued at $2,606,000 after acquiring an additional 258,875 shares during the period. Institutional investors and hedge funds own 8.13% of the company's stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Ambev
(
Get Free Report)
Ambev SA, through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Budweiser, Bud Light, Beck, Leffe, Hoegaarden, Balboa ICE, Balboa, Atlas Golden Light, Atlas, Bucanero, Cristal, Mayabe, Presidente, Presidente Light, Brahma Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Bud 66, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.
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