diff --git a/databases/py-sqlalchemy/Makefile b/databases/py-sqlalchemy/Makefile
index 04974fbe799..813568d138d 100644
--- a/databases/py-sqlalchemy/Makefile
+++ b/databases/py-sqlalchemy/Makefile
@@ -1,6 +1,6 @@
 COMMENT=	database toolkit for Python
 
-MODPY_EGG_VERSION=	1.4.45
+MODPY_EGG_VERSION=	1.4.46
 DISTNAME=	SQLAlchemy-${MODPY_EGG_VERSION}
 PKGNAME=	py-sqlalchemy-${MODPY_EGG_VERSION}
 
diff --git a/databases/py-sqlalchemy/distinfo b/databases/py-sqlalchemy/distinfo
index 339a3cdd8f2..bb262e9c287 100644
--- a/databases/py-sqlalchemy/distinfo
+++ b/databases/py-sqlalchemy/distinfo
@@ -1,2 +1,2 @@
-SHA256 (SQLAlchemy-1.4.45.tar.gz) = /WmFCGAJOj9p/v4KtW0EHt/f4YUQtT2aLq7LovFfp5U=
-SIZE (SQLAlchemy-1.4.45.tar.gz) = 8535958
+SHA256 (SQLAlchemy-1.4.46.tar.gz) = aRO4JH2KKS74MVFipRkx4rQM6RaB8bbxj2lwRSAMSjA=
+SIZE (SQLAlchemy-1.4.46.tar.gz) = 8544238