Oppenheimer Asset Management Inc. Boosts Stock Position in Constellation Brands Inc $STZ

Oppenheimer Asset Management Inc. raised its holdings in Constellation Brands Inc (NYSE:STZ) by 329.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,323 shares of the company’s stock after buying an additional 56,263 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Constellation Brands were worth $9,874,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaQuest LLC grew its position in Constellation Brands by 350.7% in the 2nd quarter. AlphaQuest LLC now owns 5,178 shares of the company’s stock valued at $842,000 after buying an additional 4,029 shares during the last quarter. 49 Wealth Management LLC acquired a new stake in shares of Constellation Brands in the 2nd quarter worth $373,000. Matrix Asset Advisors Inc. NY purchased a new stake in shares of Constellation Brands in the third quarter valued at about $5,236,000. Heritage Investors Management Corp increased its stake in shares of Constellation Brands by 6.2% during the second quarter. Heritage Investors Management Corp now owns 146,827 shares of the company’s stock worth $23,886,000 after acquiring an additional 8,613 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in shares of Constellation Brands by 230.2% during the second quarter. Apollon Wealth Management LLC now owns 6,471 shares of the company’s stock worth $1,053,000 after acquiring an additional 4,511 shares during the period. 77.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on STZ shares. Zacks Research raised Constellation Brands from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Sanford C. Bernstein lifted their price target on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. UBS Group set a $168.00 price objective on Constellation Brands in a research report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 target price on shares of Constellation Brands in a report on Monday, December 15th. Finally, Citigroup increased their price target on shares of Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating 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 assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Constellation Brands currently has an average rating of “Hold” and an average price target of $176.91.

Constellation Brands Stock Down 0.5%

Constellation Brands stock opened at $163.57 on Tuesday. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91. The firm has a market capitalization of $28.36 billion, a price-to-earnings ratio of 25.80, a price-to-earnings-growth ratio of 0.49 and a beta of 0.44. The stock’s fifty day moving average is $149.00 and its two-hundred day moving average is $146.80. 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 (NYSE:STZ) last released its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping 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 business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the previous year, the firm earned $3.25 EPS. The business’s revenue for the quarter was down 9.8% compared to the same quarter last year. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Analysts predict that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, January 29th. Constellation Brands’s payout ratio is currently 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.