Constellation Brands Inc $STZ Holdings Lifted by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its holdings in Constellation Brands Inc (NYSE:STZ) by 16.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,695 shares of the company’s stock after acquiring an additional 6,333 shares during the quarter. Quantinno Capital Management LP’s holdings in Constellation Brands were worth $6,854,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of STZ. MV Capital Management Inc. acquired a new stake in Constellation Brands during the fourth quarter valued at approximately $26,000. Stance Capital LLC bought a new position in shares of Constellation Brands in the third quarter valued at $26,000. Strive Financial Group LLC bought a new position in shares of Constellation Brands in the fourth quarter valued at $27,000. Cedar Mountain Advisors LLC acquired a new stake in shares of Constellation Brands during the 1st quarter valued at $33,000. Finally, Root Financial Partners LLC lifted its position in shares of Constellation Brands by 231.3% during the 1st quarter. Root Financial Partners LLC now owns 222 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. 77.34% of the stock is owned by institutional investors and hedge funds.

Constellation Brands Stock Down 0.7%

Constellation Brands stock opened at $130.55 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. Constellation Brands Inc has a 1-year low of $126.45 and a 1-year high of $174.32. The firm’s fifty day simple moving average is $136.68 and its 200-day simple moving average is $148.20. The company has a market capitalization of $22.29 billion, a P/E ratio of 12.46, a P/E/G ratio of 4.09 and a beta of 0.40.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.27). Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter in the prior year, the company posted $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. Sell-side analysts forecast that Constellation Brands Inc will post 11.84 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 3.2%. The ex-dividend date is Thursday, July 30th. Constellation Brands’s payout ratio is 39.31%.

Insider Transactions at Constellation Brands

In other Constellation Brands news, EVP James O. Bourdeau sold 4,407 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total transaction of $631,258.68. Following the completion of the sale, the executive vice president owned 9,109 shares of the company’s stock, valued at $1,304,773.16. This represents a 32.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 12.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

STZ has been the topic of a number of recent research reports. Needham & Company LLC restated a “buy” rating and issued a $185.00 target price on shares of Constellation Brands in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Constellation Brands from $155.00 to $150.00 and set a “hold” rating for the company in a research report on Thursday, July 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Constellation Brands in a research note on Friday, July 31st. Bank of America lowered their price objective on shares of Constellation Brands from $152.00 to $145.00 and set an “underperform” rating on the stock in a research report on Thursday, July 2nd. Finally, Evercore set a $175.00 target price on shares of Constellation Brands and gave the company an “outperform” rating in a research note on Friday, April 10th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $167.53.

Constellation Brands Company 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.