Lakewood Capital Management LP Raises Holdings in Constellation Brands Inc $STZ

Lakewood Capital Management LP increased its position in Constellation Brands Inc (NYSE:STZ) by 96.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,500 shares of the company’s stock after buying an additional 13,500 shares during the period. Lakewood Capital Management LP’s holdings in Constellation Brands were worth $3,703,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Constellation Brands by 23.0% in the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after acquiring an additional 187 shares during the last quarter. Woodline Partners LP bought a new position in shares of Constellation Brands during the 1st quarter valued at approximately $2,409,000. Savant Capital LLC grew its holdings in shares of Constellation Brands by 2.6% in the second quarter. Savant Capital LLC now owns 3,644 shares of the company’s stock valued at $593,000 after purchasing an additional 94 shares in the last quarter. Prospera Financial Services Inc grew its holdings in shares of Constellation Brands by 6.2% in the second quarter. Prospera Financial Services Inc now owns 4,202 shares of the company’s stock valued at $684,000 after purchasing an additional 247 shares in the last quarter. Finally, Midwest Trust Co bought a new stake in Constellation Brands in the second quarter worth $247,000. 77.34% of the stock is owned by institutional investors.

Constellation Brands Stock Performance

STZ stock opened at $150.22 on Friday. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91. The firm has a market cap of $26.05 billion, a price-to-earnings ratio of 23.69, a PEG ratio of 0.41 and a beta of 0.44. The business’s fifty day simple moving average is $155.47 and its two-hundred day simple moving average is $144.61. 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 issued 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. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The business’s revenue was down 9.8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have commented on STZ. Sanford C. Bernstein lifted their price objective 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. BMO Capital Markets restated an “outperform” rating and set a $190.00 target price on shares of Constellation Brands in a research report on Friday, January 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $180.00 price target on shares of Constellation Brands in a report on Tuesday, January 6th. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a research report on Thursday, January 8th. Finally, Barclays upped 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 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 given a Sell rating to the company. Based on data from MarketBeat.com, Constellation Brands presently has a consensus rating of “Hold” and an average target price of $176.91.

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.