Wealth Enhancement Advisory Services LLC Has $6.15 Million Position in Constellation Brands Inc $STZ

Wealth Enhancement Advisory Services LLC cut its stake in shares of Constellation Brands Inc (NYSE:STZ) by 78.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,893 shares of the company’s stock after selling 163,753 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Constellation Brands were worth $6,151,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in STZ. AlphaQuest LLC increased its position in Constellation Brands by 350.7% during the second quarter. AlphaQuest LLC now owns 5,178 shares of the company’s stock worth $842,000 after acquiring an additional 4,029 shares during the period. 49 Wealth Management LLC bought a new position in shares of Constellation Brands during the second quarter worth approximately $373,000. Matrix Asset Advisors Inc. NY acquired a new stake in shares of Constellation Brands in the third quarter valued at approximately $5,236,000. Heritage Investors Management Corp boosted its stake in shares of Constellation Brands by 6.2% in the second quarter. Heritage Investors Management Corp now owns 146,827 shares of the company’s stock valued at $23,886,000 after buying an additional 8,613 shares during the period. Finally, Apollon Wealth Management LLC grew its position in Constellation Brands by 230.2% during the second quarter. Apollon Wealth Management LLC now owns 6,471 shares of the company’s stock worth $1,053,000 after buying an additional 4,511 shares in the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Stock Down 1.3%

STZ stock opened at $158.68 on Monday. The firm has a 50-day moving average price of $142.92 and a 200-day moving average price of $147.59. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91. 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 market capitalization of $27.52 billion, a P/E ratio of 25.03, a price-to-earnings-growth ratio of 0.47 and a beta of 0.45.

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

Constellation Brands Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Sanford C. Bernstein upped their target price on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $160.00 price target on shares of Constellation Brands in a research note on Monday, December 15th. Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 price objective on shares of Constellation Brands in a research report on Tuesday, January 6th. The Goldman Sachs Group decreased their target price on shares of Constellation Brands from $196.00 to $168.00 and set a “buy” rating on the stock in a report on Thursday, October 2nd. Finally, Morgan Stanley dropped their target price on shares of Constellation Brands from $176.00 to $160.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, eleven have given 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, the stock presently has a consensus rating of “Hold” and an average target price of $176.91.

About Constellation Brands

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.