Constellation Brands Inc $STZ Shares Sold by Aberdeen Group plc

Aberdeen Group plc lessened its stake in shares of Constellation Brands Inc (NYSE:STZ) by 24.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 104,529 shares of the company’s stock after selling 33,714 shares during the quarter. Aberdeen Group plc owned about 0.06% of Constellation Brands worth $14,265,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc increased its stake in shares of 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 purchasing an additional 1,391,000 shares during the period. Geode Capital Management LLC raised its position in shares of Constellation Brands by 13.6% in the 2nd quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock valued at $605,293,000 after acquiring an additional 448,259 shares during the period. Grantham Mayo Van Otterloo & Co. LLC grew its stake 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 in the last quarter. Charles Schwab Investment Management Inc. raised its stake in 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 acquiring an additional 46,959 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in Constellation Brands by 650.6% during the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock worth $287,889,000 after acquiring an additional 1,533,961 shares during the last quarter. 77.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on STZ. UBS Group set a $168.00 price objective on Constellation Brands in a research note on Friday, January 9th. Citigroup increased their target price on Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 target price on shares of Constellation Brands in a research report on Monday, December 15th. Barclays boosted their price target on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Constellation Brands in a research note on Friday, November 7th. They set a “neutral” rating and a $153.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $176.91.

Constellation Brands Stock Performance

Shares of Constellation Brands stock opened at $154.43 on Friday. The company has a market capitalization of $26.78 billion, a PE ratio of 24.36, a price-to-earnings-growth ratio of 0.46 and a beta of 0.44. The stock’s fifty day moving average is $151.26 and its two-hundred day moving average is $146.31. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $2.17 billion. During the same period in the prior year, the business posted $3.25 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands’s payout ratio is presently 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.