Principal Financial Group Inc. Has $21.44 Million Position in Constellation Brands Inc $STZ

Principal Financial Group Inc. cut its position in shares of Constellation Brands Inc (NYSE:STZ) by 9.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 159,190 shares of the company’s stock after selling 17,131 shares during the quarter. Principal Financial Group Inc. owned 0.09% of Constellation Brands worth $21,438,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in STZ. Root Financial Partners LLC acquired a new stake in Constellation Brands during the third quarter valued at approximately $26,000. Salomon & Ludwin LLC acquired a new stake in Constellation Brands in the 3rd quarter valued at $30,000. Abound Wealth Management grew its position in Constellation Brands by 341.8% in the third quarter. Abound Wealth Management now owns 243 shares of the company’s stock valued at $33,000 after acquiring an additional 188 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Constellation Brands during the second quarter worth $49,000. Finally, Curio Wealth LLC lifted its holdings in shares of Constellation Brands by 29,900.0% during the second quarter. Curio Wealth LLC now owns 300 shares of the company’s stock valued at $49,000 after acquiring an additional 299 shares during the period. Institutional investors and hedge funds own 77.34% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. began coverage on shares of Constellation Brands in a report on Friday, November 7th. They set a “neutral” rating and a $153.00 price target for the company. UBS Group set a $168.00 price objective on shares of Constellation Brands in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 target price on shares of Constellation Brands in a report on Monday, December 15th. Citigroup increased their price target on Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, Weiss Ratings upgraded Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Constellation Brands has an average rating of “Hold” and an average target price of $176.91.

Constellation Brands Stock Down 0.5%

Shares of NYSE STZ opened at $164.66 on Friday. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $196.91. The firm’s 50-day moving average is $148.48 and its 200-day moving average is $147.09. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. The firm has a market capitalization of $28.55 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 0.49 and a beta of 0.44.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the prior year, the business posted $3.25 EPS. The firm’s quarterly revenue 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 analysts expect that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The business 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 dividend of $1.02 per share. The ex-dividend date is Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.5%. Constellation Brands’s dividend payout ratio is currently 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.