Madison Asset Management LLC Boosts Stake in Constellation Brands Inc $STZ

Madison Asset Management LLC raised its stake in shares of Constellation Brands Inc (NYSE:STZ) by 44.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 58,900 shares of the company’s stock after buying an additional 18,000 shares during the period. Madison Asset Management LLC’s holdings in Constellation Brands were worth $7,932,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of STZ. Root Financial Partners LLC purchased a new stake in shares of Constellation Brands in the third quarter valued at $26,000. Salomon & Ludwin LLC purchased a new stake in Constellation Brands during the 3rd quarter worth about $30,000. Abound Wealth Management raised its stake in Constellation Brands by 341.8% in the 3rd quarter. Abound Wealth Management now owns 243 shares of the company’s stock valued at $33,000 after purchasing an additional 188 shares during the last quarter. CVA Family Office LLC lifted its holdings in Constellation Brands by 713.2% in the 3rd quarter. CVA Family Office LLC now owns 309 shares of the company’s stock valued at $42,000 after purchasing an additional 271 shares in the last quarter. Finally, Sentry Investment Management LLC purchased a new position in Constellation Brands in the 3rd quarter valued at about $46,000. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on STZ. JPMorgan Chase & Co. initiated coverage on shares of Constellation Brands in a report on Friday, November 7th. They set a “neutral” rating and a $153.00 price target for the company. Sanford C. Bernstein lifted their target price on shares of Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a research note on Friday, January 9th. Weiss Ratings upgraded Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. Zacks Research raised Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, Barclays lifted their price objective on Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $176.91.

Constellation Brands Trading Down 1.5%

STZ stock opened at $163.21 on Thursday. 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 company has a market cap of $28.30 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 0.49 and a beta of 0.44. The business has a fifty day simple moving average of $150.06 and a 200-day simple moving average of $146.84. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91.

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, beating analysts’ consensus estimates of $2.63 by $0.43. The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The firm’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, equities research analysts expect that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a $1.02 dividend. The ex-dividend date is Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.5%. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.

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.