Constellation Brands Inc $STZ Position Increased by Pzena Investment Management LLC

Pzena Investment Management LLC boosted its stake in shares of Constellation Brands Inc (NYSE:STZ) by 1.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 595,795 shares of the company’s stock after purchasing an additional 5,904 shares during the quarter. Pzena Investment Management LLC’s holdings in Constellation Brands were worth $89,369,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in STZ. Nordea Investment Management AB grew its position in shares of Constellation Brands by 6.1% during the fourth quarter. Nordea Investment Management AB now owns 867,776 shares of the company’s stock worth $120,300,000 after acquiring an additional 49,625 shares during the last quarter. Hudson Edge Investment Partners Inc. lifted its position in Constellation Brands by 36.1% in the 4th quarter. Hudson Edge Investment Partners Inc. now owns 48,062 shares of the company’s stock valued at $6,631,000 after purchasing an additional 12,746 shares during the last quarter. Swiss Life Asset Management Ltd boosted its stake in Constellation Brands by 99.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock valued at $5,310,000 after purchasing an additional 19,161 shares during the period. Dimensional Fund Advisors LP boosted its stake in Constellation Brands by 3.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,854,686 shares of the company’s stock valued at $249,819,000 after purchasing an additional 57,434 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its position in Constellation Brands by 36.8% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 46,802 shares of the company’s stock worth $6,299,000 after purchasing an additional 12,602 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP James O. Bourdeau sold 4,407 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $143.24, for a total value of $631,258.68. Following the transaction, the executive vice president directly owned 9,109 shares of the company’s stock, valued at approximately $1,304,773.16. This represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 12.20% of the company’s stock.

Key Stories Impacting Constellation Brands

Here are the key news stories impacting Constellation Brands this week:

• Positive Sentiment: Constellation Brands beat earnings expectations, posting adjusted EPS of $3.43 versus estimates near $3.20-$3.25, while revenue of $2.43 billion also came in ahead of forecasts. Constellation Brands (STZ) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Beer strength, pricing gains, and improved profitability helped offset weaker overall sales, and the company said it is gaining market share in a value-conscious consumer environment. Constellation Brands gains market share in a ‘value-conscious’ consumer backdrop
• Positive Sentiment: Piper Sandler reaffirmed a neutral rating but kept a $160 price target, implying upside from current levels. Piper Sandler rating note
• Positive Sentiment: The company declared a quarterly dividend of $1.03 per share, supporting the stock’s income appeal. Constellation Brands declares $1.03 dividend
• Neutral Sentiment: Management’s commentary pointed to a volatile consumer backdrop, with gas prices and broader economic uncertainty weighing on beverage demand. Constellation Brands beats quarterly profit estimates on beer demand
• Neutral Sentiment: The company raised FY2027 EPS guidance to $11.20-$11.90, but the midpoint revenue outlook was still slightly below analyst expectations, limiting enthusiasm. Corona-maker Constellation Brands beats estimates
• Negative Sentiment: Revenue still fell 3.3% year over year, highlighting ongoing softness in sales even as profits held up. Constellation Brands Q1 fiscal 2027 earnings: revenue falls 3.3%
• Negative Sentiment: Management said lower volume trends and margin pressure from inflation and higher gas prices are creating headwinds for future growth. Constellation Brands Reports Lower First-Quarter Revenue, Citing Softening Consumer Trends

Constellation Brands Stock Performance

STZ opened at $136.16 on Thursday. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 1.16. The firm has a market cap of $23.45 billion, a PE ratio of 12.99, a P/E/G ratio of 4.10 and a beta of 0.39. The business has a fifty day simple moving average of $145.47 and a 200-day simple moving average of $150.16. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $178.13.

Constellation Brands (NYSE:STZ) last announced its earnings results on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing the consensus estimate of $3.69 by ($0.26). Constellation Brands had a net margin of 18.87% and a return on equity of 25.97%. The company had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period in the prior year, the company earned $3.22 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. As a group, equities analysts predict that Constellation Brands Inc will post 11.78 EPS for the current fiscal year.

Constellation Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th will be given a dividend of $1.03 per share. The ex-dividend date is Thursday, July 30th. This represents a $4.12 dividend on an annualized basis and a yield of 3.0%. Constellation Brands’s dividend payout ratio (DPR) is presently 42.96%.

Analyst Upgrades and Downgrades

STZ has been the topic of a number of recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $185.00 price target on shares of Constellation Brands in a report on Friday, April 10th. UBS Group decreased their price objective on Constellation Brands from $186.00 to $175.00 and set a “buy” rating for the company in a report on Wednesday, June 17th. Morgan Stanley lifted their target price on Constellation Brands from $160.00 to $183.00 and gave the company an “equal weight” rating in a research note on Friday, April 10th. Evercore set a $175.00 price target on Constellation Brands and gave the stock an “outperform” rating in a research report on Friday, April 10th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Constellation Brands in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.37.

About Constellation Brands

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.