Syntax Research Inc. Invests $808,000 in Constellation Brands Inc $STZ

Syntax Research Inc. acquired a new position in shares of Constellation Brands Inc (NYSE:STZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,000 shares of the company’s stock, valued at approximately $808,000.

Other hedge funds have also recently added to or reduced their stakes in the company. AlphaQuest LLC raised its position in shares of Constellation Brands by 350.7% in the 2nd quarter. AlphaQuest LLC now owns 5,178 shares of the company’s stock valued at $842,000 after acquiring an additional 4,029 shares during the period. 49 Wealth Management LLC acquired a new position in Constellation Brands during the second quarter valued at approximately $373,000. Matrix Asset Advisors Inc. NY bought a new stake in Constellation Brands in the third quarter valued at approximately $5,236,000. Heritage Investors Management Corp raised its holdings in Constellation Brands by 6.2% in the second quarter. Heritage Investors Management Corp now owns 146,827 shares of the company’s stock worth $23,886,000 after purchasing an additional 8,613 shares during the period. Finally, Apollon Wealth Management LLC raised its holdings in Constellation Brands by 230.2% in the second quarter. Apollon Wealth Management LLC now owns 6,471 shares of the company’s stock worth $1,053,000 after purchasing an additional 4,511 shares during the period. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Stock Up 1.2%

NYSE:STZ opened at $156.64 on Monday. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91. The firm has a market capitalization of $27.16 billion, a price-to-earnings ratio of 24.71, a price-to-earnings-growth ratio of 0.47 and a beta of 0.44. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The stock’s 50 day moving average price is $145.64 and its two-hundred day moving average price is $147.23.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.43. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Equities research analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.6%. Constellation Brands’s payout ratio is presently 64.35%.

Analysts Set New Price Targets

A number of research firms recently commented on STZ. Barclays upped their price objective on shares of Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Piper Sandler lowered their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Citigroup raised their price target on Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a research report on Friday, January 9th. Finally, Sanford C. Bernstein raised their target price on shares of Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Constellation Brands currently has a consensus rating of “Hold” and a consensus price target of $176.91.

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.