Nordea Investment Management AB Buys 49,625 Shares of Constellation Brands Inc $STZ

Nordea Investment Management AB raised its stake in shares of Constellation Brands Inc (NYSE:STZ) by 6.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 867,776 shares of the company’s stock after buying an additional 49,625 shares during the period. Nordea Investment Management AB owned about 0.50% of Constellation Brands worth $120,300,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of STZ. Private Trust Co. NA increased its position in Constellation Brands by 0.7% during the third quarter. Private Trust Co. NA now owns 11,001 shares of the company’s stock valued at $1,481,000 after acquiring an additional 75 shares during the last quarter. Rise Advisors LLC boosted its position in Constellation Brands by 8.8% in the third quarter. Rise Advisors LLC now owns 937 shares of the company’s stock worth $126,000 after purchasing an additional 76 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Constellation Brands by 2.6% in the third quarter. Harbor Capital Advisors Inc. now owns 3,113 shares of the company’s stock worth $419,000 after purchasing an additional 79 shares during the last quarter. Stablepoint Partners LLC grew its stake in shares of Constellation Brands by 1.3% during the 2nd quarter. Stablepoint Partners LLC now owns 7,438 shares of the company’s stock valued at $1,210,000 after purchasing an additional 97 shares during the period. Finally, CW Advisors LLC grew its stake in shares of Constellation Brands by 1.0% during the 2nd quarter. CW Advisors LLC now owns 11,054 shares of the company’s stock valued at $1,798,000 after purchasing an additional 108 shares during the period. 77.34% of the stock is owned by institutional investors.

Constellation Brands Stock Performance

STZ opened at $149.69 on Monday. The firm has a market cap of $25.96 billion, a P/E ratio of 23.61, a PEG ratio of 0.42 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. The company has a 50 day simple moving average of $156.16 and a two-hundred day simple moving average of $144.23. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70.

Constellation Brands (NYSE:STZ) last announced 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. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period last year, the firm earned $3.25 EPS. The company’s 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 forecast that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, January 29th. Constellation Brands’s payout ratio is presently 64.35%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on STZ shares. Barclays increased their price objective 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. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Constellation Brands in a research report on Wednesday. UBS Group set a $168.00 price target on shares of Constellation Brands in a research note on Friday, January 9th. Finally, Citigroup raised shares of Constellation Brands from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $155.00 to $175.00 in a research report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $177.82.

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.