Constellation Brands Inc $STZ Shares Sold by Davis R M Inc.

Davis R M Inc. cut its position in shares of Constellation Brands Inc (NYSE:STZ) by 64.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,354 shares of the company’s stock after selling 4,298 shares during the quarter. Davis R M Inc.’s holdings in Constellation Brands were worth $317,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Constellation Brands by 3.3% during the third quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock worth $2,451,346,000 after acquiring an additional 573,766 shares during the period. Berkshire Hathaway Inc boosted its position in shares of Constellation Brands by 11.6% during the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock valued at $2,179,912,000 after purchasing an additional 1,391,000 shares in the last quarter. Geode Capital Management LLC grew its stake 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 worth $605,293,000 after purchasing an additional 448,259 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Constellation Brands by 39.6% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock worth $597,988,000 after purchasing an additional 1,042,904 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of 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 worth $320,329,000 after purchasing an additional 46,959 shares in the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Analyst Ratings Changes

STZ has been the subject of a number of research reports. Citigroup raised their target price on shares of Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. UBS Group set a $168.00 target price on Constellation Brands in a report on Friday, January 9th. Piper Sandler reduced their target price on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Sanford C. Bernstein increased their price target on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Barclays boosted their price objective on Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $176.91.

Constellation Brands Stock Down 0.8%

Shares of Constellation Brands stock opened at $156.54 on Tuesday. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $196.91. The company has a market cap of $27.15 billion, a P/E ratio of 24.69, a P/E/G ratio of 0.47 and a beta of 0.44. 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 stock has a 50-day moving average price of $153.57 and a 200 day moving average price of $145.33.

Constellation Brands (NYSE:STZ) last released its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.43. The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The business’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.25 EPS. 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 EPS for the current fiscal year.

Constellation Brands Announces Dividend

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