Rep. Robert Bresnahan, Jr. Buys Constellation Brands, Inc. (NYSE:STZ) Shares

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Constellation Brands, Inc. (NYSE:STZ). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Constellation Brands stock on April 8th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of Western Digital (NASDAQ:WDC) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of DexCom (NASDAQ:DXCM) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Invesco (NYSE:IVZ) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of Generac (NYSE:GNRC) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Occidental Petroleum (NYSE:OXY) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 4/8/2025.
• Sold $1,001 – $15,000 in shares of QUALCOMM (NASDAQ:QCOM) on 4/8/2025.

Constellation Brands Stock Performance

STZ opened at $190.02 on Monday. The company has a quick ratio of 0.46, a current ratio of 1.10 and a debt-to-equity ratio of 1.26. The firm has a market cap of $33.83 billion, a PE ratio of 51.08, a P/E/G ratio of 1.52 and a beta of 1.75. The business has a fifty day simple moving average of $183.37 and a 200-day simple moving average of $200.58. Constellation Brands, Inc. has a fifty-two week low of $160.46 and a fifty-two week high of $265.70.

Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Wednesday, April 9th. The company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.35. The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.14 billion. Constellation Brands had a return on equity of 26.55% and a net margin of 6.27%. Constellation Brands’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $2.26 EPS. As a group, equities analysts predict that Constellation Brands, Inc. will post 13.5 EPS for the current fiscal year.

Constellation Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 29th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date of this dividend is Tuesday, April 29th. This is an increase from Constellation Brands’s previous quarterly dividend of $1.01. Constellation Brands’s dividend payout ratio is -800.00%.

Institutional Investors Weigh In On Constellation Brands

Large investors have recently bought and sold shares of the business. Allworth Financial LP increased its position in shares of Constellation Brands by 0.8% during the 4th quarter. Allworth Financial LP now owns 7,357 shares of the company’s stock worth $1,626,000 after purchasing an additional 59 shares during the last quarter. Piscataqua Savings Bank grew its stake in shares of Constellation Brands by 1.7% in the first quarter. Piscataqua Savings Bank now owns 3,720 shares of the company’s stock valued at $683,000 after buying an additional 62 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in Constellation Brands by 5.8% during the first quarter. Strategic Financial Concepts LLC now owns 1,128 shares of the company’s stock worth $207,000 after buying an additional 62 shares during the last quarter. World Investment Advisors raised its position in Constellation Brands by 1.7% during the first quarter. World Investment Advisors now owns 3,801 shares of the company’s stock worth $698,000 after acquiring an additional 62 shares in the last quarter. Finally, BSW Wealth Partners raised its position in Constellation Brands by 4.2% during the fourth quarter. BSW Wealth Partners now owns 1,563 shares of the company’s stock worth $345,000 after acquiring an additional 63 shares in the last quarter. 77.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on STZ shares. Argus downgraded shares of Constellation Brands from a “buy” rating to a “hold” rating in a research report on Tuesday, January 14th. The Goldman Sachs Group reduced their target price on Constellation Brands from $260.00 to $225.00 and set a “buy” rating for the company in a report on Friday, April 11th. Citigroup decreased their target price on Constellation Brands from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Wells Fargo & Company decreased their price objective on Constellation Brands from $230.00 to $210.00 and set an “overweight” rating for the company in a research report on Wednesday, April 2nd. Finally, StockNews.com raised Constellation Brands from a “sell” rating to a “hold” rating in a research note on Thursday. Ten investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $225.74.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Constellation Brands

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.