Vanguard Group Inc. Has $2.45 Billion Position in Constellation Brands Inc $STZ

Vanguard Group Inc. increased its stake in Constellation Brands Inc (NYSE:STZ) by 3.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,202,611 shares of the company’s stock after purchasing an additional 573,766 shares during the period. Vanguard Group Inc. owned 0.10% of Constellation Brands worth $2,451,346,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Berkshire Hathaway Inc raised its position in shares of Constellation Brands by 11.6% during the second quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after acquiring an additional 1,391,000 shares during the last quarter. Geode Capital Management LLC increased its position in Constellation Brands by 13.6% in the second quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock worth $605,293,000 after purchasing an additional 448,259 shares during the period. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in Constellation Brands by 39.6% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock worth $597,988,000 after purchasing an additional 1,042,904 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Constellation Brands by 2.4% during the 2nd 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 during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Constellation Brands by 650.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock valued at $287,889,000 after purchasing an additional 1,533,961 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group set a $168.00 price target on shares of Constellation Brands in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $160.00 target price on shares of Constellation Brands in a report on Monday, December 15th. Needham & Company LLC reissued a “buy” rating and issued a $180.00 price target on shares of Constellation Brands in a research note on Tuesday, January 6th. Sanford C. Bernstein raised their price target on Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Finally, Piper Sandler dropped their price objective on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, November 21st. One investment 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Price Performance

STZ opened at $154.43 on Friday. The stock has a market cap of $26.78 billion, a P/E ratio of 24.36, a P/E/G ratio of 0.46 and a beta of 0.44. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91. 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 fifty day simple moving average of $151.26 and a 200 day simple moving average of $146.31.

Constellation Brands (NYSE:STZ) last posted its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.17 billion. During the same period in the previous year, the firm earned $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. On average, research analysts expect that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands’s dividend payout ratio 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.