National Pension Service Increases Holdings in Constellation Brands Inc $STZ

National Pension Service raised its holdings in Constellation Brands Inc (NYSE:STZ) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 267,567 shares of the company’s stock after purchasing an additional 8,580 shares during the period. National Pension Service owned 0.15% of Constellation Brands worth $36,033,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. raised its stake in Constellation Brands by 650.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock valued at $287,889,000 after purchasing an additional 1,533,961 shares during the last quarter. Norges Bank purchased a new stake in shares of Constellation Brands during the 2nd quarter valued at about $239,737,000. Berkshire Hathaway Inc increased its stake in Constellation Brands by 11.6% during the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after buying an additional 1,391,000 shares during the period. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in Constellation Brands by 39.6% in the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock valued at $597,988,000 after purchasing an additional 1,042,904 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Constellation Brands by 13.6% during the 2nd quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock valued at $605,293,000 after purchasing an additional 448,259 shares in the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on STZ. Piper Sandler dropped their target price on shares of Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. UBS Group set a $168.00 price objective on Constellation Brands in a research note on Friday, January 9th. Wells Fargo & Company set a $165.00 price objective on shares of Constellation Brands in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $160.00 price objective on shares of Constellation Brands in a research note on Monday, December 15th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Constellation Brands in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Performance

Shares of STZ opened at $155.69 on Tuesday. The stock has a market capitalization of $27.00 billion, a P/E ratio of 24.56, a P/E/G ratio of 0.47 and a beta of 0.44. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. The firm’s 50 day moving average is $146.11 and its 200-day moving average is $147.11. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month high of $196.91.

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

Constellation Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a dividend of $1.02 per share. 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 currently 64.35%.

Constellation Brands Profile

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.