Kingsview Wealth Management LLC Purchases 16,385 Shares of Constellation Brands Inc $STZ

Kingsview Wealth Management LLC increased its position in shares of Constellation Brands Inc (NYSE:STZ) by 371.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,798 shares of the company’s stock after buying an additional 16,385 shares during the period. Kingsview Wealth Management LLC’s holdings in Constellation Brands were worth $2,801,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Constellation Brands by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock valued at $2,451,346,000 after acquiring an additional 573,766 shares during the period. Berkshire Hathaway Inc lifted its stake 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 purchasing an additional 1,391,000 shares during the last quarter. Geode Capital Management LLC lifted its stake in Constellation Brands by 13.6% in the 2nd quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock valued at $605,293,000 after purchasing an additional 448,259 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its holdings in Constellation Brands by 39.6% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock worth $597,988,000 after purchasing an additional 1,042,904 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Constellation Brands by 2.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 1,969,081 shares of the company’s stock worth $320,329,000 after buying an additional 46,959 shares during the last quarter. 77.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on STZ. Needham & Company LLC restated a “buy” rating and issued a $180.00 price objective on shares of Constellation Brands in a research note on Tuesday, January 6th. Citigroup boosted their target price on Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price target on shares of Constellation Brands in a report on Friday, January 9th. JPMorgan Chase & Co. began coverage on shares of Constellation Brands in a research report on Friday, November 7th. They set a “neutral” rating and a $153.00 price objective for the company. Finally, Weiss Ratings upgraded shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Constellation Brands currently has a consensus rating of “Hold” and an average price target of $176.91.

Constellation Brands Stock Down 3.2%

STZ stock opened at $151.05 on Thursday. 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 $26.19 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 0.44 and a beta of 0.44. The business’s fifty day moving average price is $154.13 and its two-hundred day moving average price is $145.29. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91.

Constellation Brands (NYSE:STZ) last announced its 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. 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 during the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the previous year, the business posted $3.25 earnings per share. Constellation Brands’s quarterly 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. On average, equities analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th were given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, January 29th. Constellation Brands’s dividend payout ratio is presently 64.35%.

Constellation Brands Company 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.