Entropy Technologies LP Has $2.35 Million Stock Holdings in Constellation Brands Inc $STZ

Entropy Technologies LP lifted its stake in shares of Constellation Brands Inc (NYSE:STZ) by 43.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,661 shares of the company’s stock after purchasing an additional 4,709 shares during the quarter. Entropy Technologies LP’s holdings in Constellation Brands were worth $2,349,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of STZ. MV Capital Management Inc. acquired a new stake in Constellation Brands during the fourth quarter worth about $26,000. Stance Capital LLC acquired a new stake in shares of Constellation Brands during the 3rd quarter worth approximately $26,000. Strive Financial Group LLC bought a new position in Constellation Brands in the fourth quarter valued at approximately $27,000. Cedar Mountain Advisors LLC bought a new position in Constellation Brands in the first quarter valued at approximately $33,000. Finally, Root Financial Partners LLC raised its position in Constellation Brands by 231.3% during the first quarter. Root Financial Partners LLC now owns 222 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares in the last quarter. Institutional investors own 77.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on STZ shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $185.00 target price on shares of Constellation Brands in a report on Thursday, July 2nd. JPMorgan Chase & Co. dropped their price objective on Constellation Brands from $169.00 to $165.00 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Constellation Brands in a research report on Wednesday, July 1st. Evercore set a $175.00 target price on shares of Constellation Brands and gave the stock an “outperform” rating in a report on Friday, April 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Constellation Brands in a research note on Monday, May 4th. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Constellation Brands presently has a consensus rating of “Hold” and a consensus price target of $167.53.

Insider Buying and Selling

In other Constellation Brands news, EVP James O. Bourdeau sold 4,407 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $143.24, for a total transaction of $631,258.68. Following the sale, the executive vice president directly owned 9,109 shares of the company’s stock, valued at $1,304,773.16. The trade was a 32.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 12.20% of the stock is currently owned by corporate insiders.

Constellation Brands Price Performance

Constellation Brands stock opened at $130.19 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $22.23 billion, a PE ratio of 12.42, a P/E/G ratio of 4.05 and a beta of 0.39. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $176.32. The stock has a 50-day moving average price of $139.46 and a two-hundred day moving average price of $149.27.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.27). The firm had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.39 billion. Constellation Brands had a net margin of 18.87% and a return on equity of 25.58%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business posted $3.22 earnings per share. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Analysts expect that Constellation Brands Inc will post 11.84 EPS for the current year.

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be given a dividend of $1.03 per share. The ex-dividend date is Thursday, July 30th. This represents a $4.12 annualized dividend and a yield of 3.2%. Constellation Brands’s dividend payout ratio (DPR) is currently 39.31%.

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.