Crestwood Advisors Group LLC Has $7.93 Million Position in Constellation Brands Inc $STZ

Crestwood Advisors Group LLC cut its position in Constellation Brands Inc (NYSE:STZ) by 32.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 58,890 shares of the company’s stock after selling 27,717 shares during the period. Crestwood Advisors Group LLC’s holdings in Constellation Brands were worth $7,931,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Constellation Brands by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock worth $2,451,346,000 after buying an additional 573,766 shares during the period. Berkshire Hathaway Inc raised its position in shares of Constellation Brands by 11.6% during the second quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after purchasing an additional 1,391,000 shares during the period. Geode Capital Management LLC lifted its holdings in shares of 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. Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Constellation Brands by 39.6% in the 2nd 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 period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Constellation Brands by 2.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,969,081 shares of the company’s stock valued at $320,329,000 after purchasing an additional 46,959 shares during the period. 77.34% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on STZ shares. Citigroup lifted their price target on shares of Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 price target on shares of Constellation Brands in a research note on Monday, December 15th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Constellation Brands in a research report on Friday, January 9th. Finally, Barclays raised their price target on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Constellation Brands has a consensus rating of “Hold” and an average price target of $176.91.

Constellation Brands Stock Down 8.1%

NYSE:STZ opened at $149.20 on Tuesday. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91. The firm has a market capitalization of $25.87 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 0.44 and a beta of 0.44. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The stock’s 50 day moving average price is $150.82 and its two-hundred day moving average price is $146.28.

Constellation Brands (NYSE:STZ) last released its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.63 by $0.43. The company had revenue of $2.22 billion during 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 for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Equities research analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is 64.35%.

Constellation Brands Company 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.