Florida Trust Wealth Management Co Cuts Holdings in Constellation Brands Inc $STZ

Florida Trust Wealth Management Co decreased its holdings in Constellation Brands Inc (NYSE:STZ) by 33.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,233 shares of the company’s stock after selling 8,024 shares during the period. Florida Trust Wealth Management Co’s holdings in Constellation Brands were worth $2,186,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of STZ. AlphaQuest LLC raised its position in shares of Constellation Brands by 350.7% in the 2nd quarter. AlphaQuest LLC now owns 5,178 shares of the company’s stock worth $842,000 after acquiring an additional 4,029 shares in the last quarter. Arlington Partners LLC purchased a new position in Constellation Brands in the second quarter valued at about $2,333,000. 49 Wealth Management LLC bought a new position in Constellation Brands in the second quarter worth about $373,000. Heritage Investors Management Corp lifted its position in shares of Constellation Brands by 6.2% during the second quarter. Heritage Investors Management Corp now owns 146,827 shares of the company’s stock valued at $23,886,000 after buying an additional 8,613 shares during the last quarter. Finally, Matrix Asset Advisors Inc. NY purchased a new stake in shares of Constellation Brands during the third quarter valued at about $5,236,000. Institutional investors own 77.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on STZ shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Constellation Brands in a research report on Monday, December 29th. Citigroup lifted their price target on shares of Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Wells Fargo & Company set a $165.00 price objective on Constellation Brands in a report on Thursday, January 8th. Barclays raised their price objective on Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Finally, Sanford C. Bernstein upped their target price on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $180.35.

Constellation Brands Trading Down 1.3%

NYSE:STZ opened at $156.74 on Tuesday. The company has a market capitalization of $27.18 billion, a P/E ratio of 24.72, a PEG ratio of 0.46 and a beta of 0.45. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91. The firm has a fifty day simple moving average of $140.41 and a 200-day simple moving average of $147.85.

Constellation Brands (NYSE:STZ) last released its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The firm’s revenue was down 9.8% on a year-over-year basis. During the same period in the prior year, the firm earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, equities research analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.

About Constellation Brands

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.