Strs Ohio Lowers Holdings in Ambev S.A. $ABEV

Posted by Brenda Bartman on Jul 6th, 2026

Strs Ohio trimmed its position in Ambev S.A. (NYSE:ABEV – Free Report) by 13.2% in the 1st quarter, Holdings Channel reports. The firm owned 2,657,043 shares of the company’s stock after selling 404,257 shares during the quarter. Strs Ohio’s holdings in Ambev were worth $7,759,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in ABEV. Integrated Wealth Concepts LLC purchased a new stake in shares of Ambev in the first quarter worth $26,000. Millennium Management LLC increased its stake in Ambev by 62.5% in the 1st quarter. Millennium Management LLC now owns 2,399,472 shares of the company’s stock worth $5,591,000 after acquiring an additional 922,566 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Ambev by 13.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,000,107 shares of the company’s stock valued at $11,650,000 after acquiring an additional 582,153 shares in the last quarter. Focus Partners Wealth purchased a new stake in shares of Ambev in the 1st quarter valued at about $33,000. Finally, Acadian Asset Management LLC bought a new stake in shares of Ambev during the 1st quarter valued at about $264,000. 8.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ambev

In related news, insider Paulo Andre Zagman sold 136,250 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $3.41, for a total value of $464,612.50. Following the sale, the insider directly owned 230,535 shares of the company’s stock, valued at $786,124.35. This represents a 37.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ABEV shares. Weiss Ratings downgraded shares of Ambev from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. UBS Group raised their price target on Ambev from $2.65 to $2.90 and gave the company a “sell” rating in a research report on Thursday, May 14th. Barclays upped their price objective on Ambev from $3.00 to $3.50 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded Ambev from a “hold” rating to a “buy” rating in a research report on Sunday. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ambev has a consensus rating of “Reduce” and a consensus price target of $3.09.

Check Out Our Latest Research Report on ABEV

Ambev Price Performance

Shares of NYSE ABEV opened at $3.10 on Monday. Ambev S.A. has a 1 year low of $2.10 and a 1 year high of $3.45. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.03 and a quick ratio of 0.78. The company’s 50-day moving average is $3.16 and its 200 day moving average is $2.95. The stock has a market capitalization of $48.94 billion, a P/E ratio of 16.34, a P/E/G ratio of 1.78 and a beta of 0.64.

Ambev (NYSE:ABEV – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The business had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.38 billion. Ambev had a net margin of 17.69% and a return on equity of 16.63%. On average, sell-side analysts expect that Ambev S.A. will post 0.21 earnings per share for the current year.

Ambev Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 11th. Investors of record on Wednesday, June 24th will be given a dividend of $0.0092 per share. The ex-dividend date is Wednesday, June 24th. This represents a $0.04 annualized dividend and a dividend yield of 1.2%. Ambev’s payout ratio is currently 10.53%.

Ambev Profile

(Free Report)

Ambev (NYSE: ABEV) is a Brazilian-based beverage company that produces, distributes and markets a broad portfolio of alcoholic and non-alcoholic drinks. The company’s core business centers on brewing and selling beer, alongside a range of soft drinks, bottled water, energy drinks and other malt-based beverages. Headquartered in São Paulo, Ambev operates an integrated value chain that covers manufacturing, packaging, logistics and commercial sales to retail, on-premise and institutional customers.

The company traces its origins to the 1999 merger of two historic Brazilian breweries, and later became part of the broader global brewing group through subsequent industry consolidations.