Constellation Brands (NYSE:STZ) Price Target Raised to $151.00 at Barclays

Constellation Brands (NYSE:STZFree Report) had its target price increased by Barclays from $148.00 to $151.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Several other research analysts also recently commented on STZ. Needham & Company LLC restated a “buy” rating and set a $180.00 price objective on shares of Constellation Brands in a report on Thursday. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Royal Bank Of Canada restated an “outperform” rating on shares of Constellation Brands in a research note on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft decreased their price objective on Constellation Brands from $162.00 to $154.00 and set a “hold” rating for the company in a report on Monday. Finally, JPMorgan Chase & Co. increased their target price on shares of Constellation Brands from $155.00 to $163.00 and gave the stock a “neutral” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.50.

Read Our Latest Research Report on Constellation Brands

Constellation Brands Trading Down 0.0%

STZ stock opened at $151.03 on Thursday. Constellation Brands has a 12 month low of $126.45 and a 12 month high of $196.91. The firm’s 50-day moving average is $154.96 and its 200 day moving average is $144.65. The company has a market capitalization of $26.19 billion, a PE ratio of 23.82, a P/E/G ratio of 0.42 and a beta of 0.44. 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:STZGet Free Report) last issued its earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, research analysts anticipate that Constellation Brands will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The business also recently declared 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 of this dividend was Thursday, January 29th. Constellation Brands’s payout ratio is presently 64.35%.

Hedge Funds Weigh In On Constellation Brands

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Choreo LLC lifted its position in shares of Constellation Brands by 2.1% during the fourth quarter. Choreo LLC now owns 3,116 shares of the company’s stock valued at $437,000 after buying an additional 63 shares during the last quarter. HM Payson & Co. grew its position in shares of Constellation Brands by 10.0% in the 4th quarter. HM Payson & Co. now owns 701 shares of the company’s stock worth $97,000 after buying an additional 64 shares during the last quarter. Clearstead Trust LLC raised its stake in shares of Constellation Brands by 14.2% during the 4th quarter. Clearstead Trust LLC now owns 548 shares of the company’s stock worth $76,000 after acquiring an additional 68 shares in the last quarter. Johnson Financial Group Inc. raised its stake in shares of Constellation Brands by 24.9% during the 4th quarter. Johnson Financial Group Inc. now owns 346 shares of the company’s stock worth $48,000 after acquiring an additional 69 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in Constellation Brands by 5.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,338 shares of the company’s stock valued at $188,000 after acquiring an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 77.34% of the company’s stock.

More Constellation Brands News

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Constellation Brands Company Profile

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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.

Further Reading

Analyst Recommendations for Constellation Brands (NYSE:STZ)

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