Ambev S.A. (ABEV)

Sep 26, 2026

State Street Corp reduced its stake in Ambev S.A. (NYSE:ABEV) by 6.5% in the second quarter, selling over 576,000 shares but still retaining a significant holding valued at $26.4 million. Other institutional investors showed mixed activity, with some increasing and others initiating new stakes. Analysts have a cautious "Reduce" consensus rating for ABEV, with a target price of $3.08, following recent downgrades and the company reporting quarterly earnings in line with estimates but revenue falling short of forecasts.

Sep 22, 2026

Bank of America Corp DE reduced its stake in Ambev S.A. by 21.1% in the second quarter, now holding 12,870,831 shares valued at $40.41 million. Other hedge funds have also adjusted their positions in Ambev, while analysts maintain a "Reduce" consensus rating with an average price target of $3.08. The company recently reported its quarterly earnings, hitting analyst estimates, and announced a quarterly dividend.

Sep 20, 2026

HighTower Advisors LLC significantly reduced its stake in Ambev S.A. (NYSE:ABEV) by 91.7% in the second quarter, now holding 41,049 shares valued at $129,000. Additionally, Ambev director Manuel Moreira sold 468,040 shares, decreasing his ownership by 13.5%. The company reported quarterly EPS in line with estimates but missed revenue expectations, and analysts maintain a "Reduce" rating with an average price target of $3.08.

Sep 19, 2026

Ambev (NYSE: ABEV) reported a strong Q2 2026, with net revenue up 6% and normalized EBITDA growing 9%, driven by its three-pillar strategy focusing on category leadership, digital ecosystem monetization, and business optimization. The company saw significant volume growth, particularly in premium and no-alcohol segments, despite adverse weather conditions in Brazil, and leveraged the FIFA World Cup for brand activation. Ambev expressed confidence in its strategy for continued profitable growth, supported by solid cash generation and an active share buyback program, while navigating economic challenges.

Sep 13, 2026

Tidal Investments LLC has reduced its stake in Ambev S.A. by 15.9% in the second quarter, selling 488,057 shares but still retaining 2.58 million shares valued at $8.09 million. Ambev reported quarterly earnings of $0.04 per share, meeting estimates, with revenue of $3.89 billion falling short of the $4.05 billion consensus. Analyst sentiment is cautious, with a consensus "Reduce" rating and a target price of $3.08.