Mediolanum International Funds Ltd Purchases 55,124 Shares of Constellation Brands Inc $STZ

Mediolanum International Funds Ltd lifted its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 780.2% in the third quarter, HoldingsChannel.com reports. The fund owned 62,189 shares of the company’s stock after acquiring an additional 55,124 shares during the period. Mediolanum International Funds Ltd’s holdings in Constellation Brands were worth $8,487,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of STZ. Brighton Jones LLC increased its position in shares of Constellation Brands by 23.0% during the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock valued at $221,000 after purchasing an additional 187 shares during the last quarter. Woodline Partners LP bought a new position in Constellation Brands during the first quarter valued at about $2,409,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Constellation Brands by 2.8% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,033 shares of the company’s stock worth $4,723,000 after buying an additional 787 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in Constellation Brands by 6.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 1,993 shares of the company’s stock worth $324,000 after buying an additional 112 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its position in Constellation Brands by 6.6% in the second quarter. DAVENPORT & Co LLC now owns 221,377 shares of the company’s stock worth $35,937,000 after acquiring an additional 13,722 shares during the period. 77.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on STZ shares. UBS Group set a $168.00 target price on shares of Constellation Brands in a research report on Friday, January 9th. Needham & Company LLC reissued a “buy” rating and issued a $180.00 target price on shares of Constellation Brands in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $160.00 price target on shares of Constellation Brands in a research report on Monday, December 15th. Barclays lifted their price objective on Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Finally, Sanford C. Bernstein boosted their price objective on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $176.91.

Constellation Brands Stock Down 0.6%

Shares of NYSE STZ opened at $155.69 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The company has a market cap of $27.00 billion, a P/E ratio of 24.56, a P/E/G ratio of 0.47 and a beta of 0.44. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91. The business has a 50-day simple moving average of $146.11 and a two-hundred day simple moving average of $147.11.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.43. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same period in the prior year, the business posted $3.25 earnings per share. The company’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. Research analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.

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.