Constellation Brands Inc $STZ Shares Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 30.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 373,526 shares of the company’s stock after acquiring an additional 88,237 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.21% of Constellation Brands worth $50,303,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of STZ. Oppenheimer Asset Management Inc. increased its holdings in Constellation Brands by 329.8% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 73,323 shares of the company’s stock worth $9,874,000 after purchasing an additional 56,263 shares during the last quarter. Matrix Asset Advisors Inc. NY bought a new stake in shares of Constellation Brands in the third quarter worth $5,236,000. Bayforest Capital Ltd increased its stake in shares of Constellation Brands by 5,810.2% in the third quarter. Bayforest Capital Ltd now owns 6,974 shares of the company’s stock worth $939,000 after buying an additional 6,856 shares during the last quarter. Inceptionr LLC boosted its stake in Constellation Brands by 125.2% during the 2nd quarter. Inceptionr LLC now owns 10,718 shares of the company’s stock valued at $1,744,000 after acquiring an additional 5,958 shares during the last quarter. Finally, 1832 Asset Management L.P. bought a new position in Constellation Brands during the 2nd quarter valued at $2,057,000. 77.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

STZ has been the topic of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $180.00 target price on shares of Constellation Brands in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $160.00 price objective on shares of Constellation Brands in a research note on Monday, December 15th. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a report on Thursday, January 8th. BMO Capital Markets restated an “outperform” rating and set a $190.00 price objective on shares of Constellation Brands in a research note on Friday, January 9th. Finally, Weiss Ratings raised 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 assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $176.91.

Constellation Brands Price Performance

Shares of NYSE STZ opened at $148.22 on Friday. The stock has a market cap of $25.70 billion, a P/E ratio of 23.38, a P/E/G ratio of 0.42 and a beta of 0.44. The firm’s 50-day simple moving average is $155.29 and its 200 day simple moving average is $144.70. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29.

Constellation Brands (NYSE:STZ) last released its earnings results on Wednesday, January 7th. The company reported $3.06 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 firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter last year, the company earned $3.25 EPS. 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. Equities analysts expect that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is currently 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.