CIBC Bancorp USA Inc. Invests $7.14 Million in Constellation Brands Inc $STZ

CIBC Bancorp USA Inc. purchased a new stake in shares of Constellation Brands Inc (NYSE:STZ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 53,003 shares of the company’s stock, valued at approximately $7,138,000.

A number of other large investors have also recently bought and sold shares of STZ. Captrust Financial Advisors lifted its position in shares of Constellation Brands by 91.0% in the third quarter. Captrust Financial Advisors now owns 17,941 shares of the company’s stock worth $2,416,000 after buying an additional 8,546 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in shares of Constellation Brands by 8.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,474 shares of the company’s stock valued at $333,000 after acquiring an additional 194 shares during the last quarter. Danske Bank A S acquired a new position in shares of Constellation Brands during the 3rd quarter valued at about $9,885,000. Stance Capital LLC bought a new position in shares of Constellation Brands in the 3rd quarter valued at approximately $26,000. Finally, Advisory Services Network LLC lifted its holdings in Constellation Brands by 49.0% in the 3rd quarter. Advisory Services Network LLC now owns 23,745 shares of the company’s stock worth $3,198,000 after purchasing an additional 7,809 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. BMO Capital Markets reiterated an “outperform” rating and set a $190.00 price target on shares of Constellation Brands in a report on Friday, January 9th. UBS Group set a $168.00 price objective on shares of Constellation Brands in a research note on Friday, January 9th. Barclays upped their price objective 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. Piper Sandler lowered their target price on shares of Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Finally, Needham & Company LLC reissued a “buy” rating and set a $180.00 target price on shares of Constellation Brands in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.82.

Constellation Brands Stock Performance

Shares of NYSE STZ opened at $149.69 on Friday. 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 company has a market capitalization of $25.96 billion, a P/E ratio of 23.61, a P/E/G ratio of 0.42 and a beta of 0.44. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91. The stock has a 50 day moving average of $156.16 and a 200-day moving average of $144.29.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) 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 business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter last year, the firm posted $3.25 EPS. The company’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. As a group, equities research analysts predict that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

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