Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in Constellation Brands Inc (NYSE:STZ – Free Report) by 65.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 74,042 shares of the company’s stock after buying an additional 29,320 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Constellation Brands were worth $9,971,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. raised its holdings in Constellation Brands by 650.6% in the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock worth $287,889,000 after buying an additional 1,533,961 shares during the last quarter. Norges Bank purchased a new position in Constellation Brands in the 2nd quarter worth approximately $239,737,000. Berkshire Hathaway Inc lifted its position in Constellation Brands by 11.6% in the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock valued at $2,179,912,000 after acquiring an additional 1,391,000 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its stake in Constellation Brands by 39.6% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock valued at $597,988,000 after purchasing an additional 1,042,904 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings 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 in the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a report on Thursday, January 8th. Barclays raised their price target on shares of Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Sanford C. Bernstein boosted their price objective on shares of Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Zacks Research upgraded shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Finally, The Goldman Sachs Group lowered their price target on Constellation Brands from $196.00 to $168.00 and set a “buy” rating on the stock in a report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $176.91.
Constellation Brands Trading Down 1.3%
Shares of Constellation Brands stock opened at $158.68 on Friday. Constellation Brands Inc has a 1-year low of $126.45 and a 1-year high of $196.91. The company’s fifty day simple moving average is $142.92 and its 200-day simple moving average is $147.74. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. The stock has a market capitalization of $27.52 billion, a PE ratio of 25.03, a P/E/G ratio of 0.47 and a beta of 0.45.
Constellation Brands (NYSE:STZ – Get Free Report) last released its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The business’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, equities analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current year.
Constellation Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th will be given a dividend of $1.02 per share. The ex-dividend date is Thursday, January 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.6%. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.
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.
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