Alberta Investment Management Corp Invests $3.85 Million in Constellation Brands Inc $STZ

Alberta Investment Management Corp acquired a new position in Constellation Brands Inc (NYSE:STZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 28,600 shares of the company’s stock, valued at approximately $3,852,000.

Several other institutional investors have also added to or reduced their stakes in STZ. Ameriprise Financial Inc. grew its position in shares of Constellation Brands by 650.6% during 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 in the last quarter. Norges Bank bought a new position in Constellation Brands during the 2nd quarter valued at approximately $239,737,000. Berkshire Hathaway Inc lifted its holdings in Constellation Brands by 11.6% in the second 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 lifted its holdings in shares of Constellation Brands by 39.6% during 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, Vanguard Group Inc. increased its position in shares of Constellation Brands by 3.3% during the third quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock valued at $2,451,346,000 after acquiring an additional 573,766 shares in the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on STZ. JPMorgan Chase & Co. initiated coverage on shares of Constellation Brands in a research note on Friday, November 7th. They set a “neutral” rating and a $153.00 price target on the stock. BMO Capital Markets restated an “outperform” rating and issued a $190.00 price target on shares of Constellation Brands in a report on Friday, January 9th. Zacks Research raised shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Citigroup increased their price target on Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $160.00 price objective on shares of Constellation Brands in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and two have given 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 $154.43 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34. The company’s fifty day moving average is $151.26 and its two-hundred day moving average is $146.31. The stock has a market capitalization of $26.78 billion, a P/E ratio of 24.36, a P/E/G ratio of 0.46 and a beta of 0.44. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $196.91.

Constellation Brands (NYSE:STZ) last posted its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $2.17 billion. During the same quarter in the prior year, the company earned $3.25 earnings per share. Constellation Brands’s revenue was down 9.8% compared to the same quarter last year. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, sell-side analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were given a $1.02 dividend. The ex-dividend date was Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.6%. 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.