Wedbush Securities Inc. Has $1.04 Million Position in Constellation Brands Inc $STZ

Wedbush Securities Inc. grew its holdings in Constellation Brands Inc (NYSE:STZ) by 205.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,731 shares of the company’s stock after buying an additional 5,200 shares during the quarter. Wedbush Securities Inc.’s holdings in Constellation Brands were worth $1,041,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Berkshire Hathaway Inc increased its position in Constellation Brands by 11.6% in the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock valued at $2,179,912,000 after acquiring an additional 1,391,000 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Constellation Brands by 13.6% during the second quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock valued at $605,293,000 after purchasing an additional 448,259 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Constellation Brands by 39.6% during the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock valued at $597,988,000 after purchasing an additional 1,042,904 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Constellation Brands by 2.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,969,081 shares of the company’s stock valued at $320,329,000 after purchasing an additional 46,959 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Constellation Brands by 650.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock worth $287,889,000 after purchasing an additional 1,533,961 shares during the last quarter. 77.34% of the stock is owned by institutional investors.

Analyst Ratings Changes

STZ has been the topic of a number of recent research reports. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a research report on Friday, January 9th. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a research note on Thursday, January 8th. Sanford C. Bernstein raised their price target on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 price objective on shares of Constellation Brands in a research report on Monday, December 15th. Finally, Zacks Research upgraded shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Constellation Brands currently has a consensus rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Performance

Shares of STZ stock opened at $149.20 on Friday. The stock has a market cap of $25.87 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 0.44 and a beta of 0.44. The stock has a 50-day moving average of $150.68 and a 200-day moving average of $146.58. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. Constellation Brands Inc has a one year low of $126.45 and a one year high of $196.91.

Constellation Brands (NYSE:STZ) last released its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share 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 quarter last year, the firm earned $3.25 EPS. Constellation Brands’s quarterly revenue 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. As a group, sell-side analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were given 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 is currently 64.35%.

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.