Rep. Josh Gottheimer Sells Off Shares of Ambev S.A. (NYSE:ABEV)

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 Trading Up 1.1 %

ABEV stock opened at $2.24 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.89 and a current ratio of 1.20. The company’s 50-day simple moving average is $1.89 and its 200 day simple moving average is $2.13. Ambev S.A. has a 52 week low of $1.76 and a 52 week high of $2.58. The company has a market capitalization of $35.21 billion, a PE ratio of 12.42, a price-to-earnings-growth ratio of 5.80 and a beta of 0.94.

Ambev (NYSE:ABEV) last announced its quarterly earnings data 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 firm had revenue of $4.63 billion for the quarter, compared to analyst estimates of $22.42 billion. Ambev had a return on equity of 16.12% and a net margin of 17.02%. As a group, sell-side analysts anticipate that Ambev S.A. will post 0.18 earnings per share for the current year.

Ambev Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Tuesday, March 18th will be paid a $0.0221 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.09 annualized dividend and a dividend yield of 3.95%. Ambev’s dividend payout ratio (DPR) is presently 52.94%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of Ambev in a report on Wednesday, January 22nd. Barclays reduced their price target on shares of Ambev from $2.50 to $2.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. StockNews.com assumed coverage on shares of Ambev in a report on Monday, January 27th. They set a “buy” rating on the stock. Finally, Bank of America cut Ambev from a “buy” rating to a “neutral” rating in a research note on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Ambev has an average rating of “Hold” and an average price target of $2.45.

Institutional Investors Weigh In On Ambev

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Talaria Asset Management Pty Ltd bought a new stake in Ambev in the 4th quarter valued at about $38,602,000. Jefferies Financial Group Inc. bought a new stake in Ambev in the 4th quarter valued at about $99,000. Mackenzie Financial Corp purchased a new position in Ambev during the 4th quarter valued at about $801,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in Ambev during the 4th quarter valued at about $1,850,000. Finally, Two Sigma Advisers LP grew its holdings in Ambev by 329.6% during the 4th quarter. Two Sigma Advisers LP now owns 16,354,000 shares of the company’s stock valued at $30,255,000 after buying an additional 12,546,800 shares in the last quarter. 8.13% of the stock is currently owned by institutional investors.

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

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.