MAI Capital Management Purchases 3,468 Shares of Constellation Brands Inc $STZ

MAI Capital Management increased its position in shares of Constellation Brands Inc (NYSE:STZFree Report) by 54.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,885 shares of the company’s stock after acquiring an additional 3,468 shares during the period. MAI Capital Management’s holdings in Constellation Brands were worth $1,331,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Cary Street Partners Financial LLC boosted its holdings in shares of Constellation Brands by 23.8% in the 3rd quarter. Cary Street Partners Financial LLC now owns 1,270 shares of the company’s stock valued at $171,000 after purchasing an additional 244 shares in the last quarter. JFS Wealth Advisors LLC lifted its position in shares of Constellation Brands by 1,229.6% during the 3rd quarter. JFS Wealth Advisors LLC now owns 944 shares of the company’s stock worth $127,000 after buying an additional 873 shares during the last quarter. Greenland Capital Management LP acquired a new stake in Constellation Brands in the third quarter valued at about $2,962,000. Cowa LLC bought a new position in Constellation Brands in the third quarter valued at about $304,000. Finally, Mufg Securities Americas Inc. grew its position in Constellation Brands by 13.5% in the third quarter. Mufg Securities Americas Inc. now owns 3,851 shares of the company’s stock valued at $519,000 after acquiring an additional 459 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

STZ has been the subject of a number of research reports. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. UBS Group set a $168.00 price objective on shares of Constellation Brands in a research report on Friday, January 9th. Zacks Research raised shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Needham & Company LLC restated a “buy” rating and issued a $180.00 target price on shares of Constellation Brands in a research report on Tuesday, January 6th. Finally, Barclays boosted their target price on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $176.91.

View Our Latest Stock Analysis on Constellation Brands

Constellation Brands Stock Up 1.2%

NYSE:STZ opened at $157.67 on Friday. Constellation Brands Inc has a one year low of $126.45 and a one year high of $196.91. 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 company has a market cap of $27.34 billion, a PE ratio of 24.87, a P/E/G ratio of 0.47 and a beta of 0.44. The firm’s 50 day simple moving average is $153.27 and its 200 day simple moving average is $145.60.

Constellation Brands (NYSE:STZGet Free Report) 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. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations 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 was down 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $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 Inc will post 13.5 earnings per share for the current 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 issued a dividend of $1.02 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.6%. Constellation Brands’s payout ratio is presently 64.35%.

Constellation Brands Profile

(Free Report)

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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Institutional Ownership by Quarter for Constellation Brands (NYSE:STZ)

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