DoubleLine ETF Adviser LP Purchases Shares of 8,254 Constellation Brands Inc $STZ

DoubleLine ETF Adviser LP acquired a new stake in Constellation Brands Inc (NYSE:STZ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,254 shares of the company’s stock, valued at approximately $1,112,000.

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

Constellation Brands Price Performance

STZ opened at $150.22 on Friday. The company has a fifty day moving average price of $155.47 and a two-hundred day moving average price of $144.51. The firm has a market capitalization of $26.05 billion, a PE ratio of 23.69, a P/E/G ratio of 0.42 and a beta of 0.44. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91.

Constellation Brands (NYSE:STZ) 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. 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 analyst estimates of $2.17 billion. During the same quarter in the previous year, the business earned $3.25 EPS. The firm’s 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. As a group, analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on STZ shares. Wells Fargo & Company set a $165.00 price objective on shares of Constellation Brands in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 target price on shares of Constellation Brands in a report on Monday, December 15th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a research report on Friday, January 9th. Barclays lifted their target price on shares of Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Finally, UBS Group set a $168.00 price target on shares of Constellation Brands in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $176.91.

Constellation Brands 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.