Arlington Trust Co LLC Sells 1,049 Shares of Constellation Brands Inc $STZ

Arlington Trust Co LLC trimmed its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 41.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,477 shares of the company’s stock after selling 1,049 shares during the period. Arlington Trust Co LLC’s holdings in Constellation Brands were worth $240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. Piscataqua Savings Bank boosted its holdings in shares of Constellation Brands by 1.7% in the 1st quarter. Piscataqua Savings Bank now owns 3,720 shares of the company’s stock valued at $683,000 after buying an additional 62 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of Constellation Brands by 5.8% in the 1st quarter. Strategic Financial Concepts LLC now owns 1,128 shares of the company’s stock valued at $207,000 after buying an additional 62 shares in the last quarter. World Investment Advisors boosted its holdings in shares of Constellation Brands by 1.7% in the 1st quarter. World Investment Advisors now owns 3,801 shares of the company’s stock valued at $698,000 after buying an additional 62 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in shares of Constellation Brands by 0.9% in the 1st quarter. Moody National Bank Trust Division now owns 6,991 shares of the company’s stock valued at $1,283,000 after buying an additional 64 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of Constellation Brands by 3.0% in the 1st quarter. Bessemer Group Inc. now owns 2,242 shares of the company’s stock valued at $412,000 after buying an additional 65 shares in the last quarter. 77.34% of the stock is currently owned by institutional investors.

Constellation Brands Price Performance

Constellation Brands stock opened at $139.52 on Monday. The company’s fifty day moving average price is $164.56 and its 200 day moving average price is $174.11. Constellation Brands Inc has a 1 year low of $139.45 and a 1 year high of $261.06. The stock has a market capitalization of $24.60 billion, a P/E ratio of -58.38, a P/E/G ratio of 0.42 and a beta of 1.75. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.68 and a current ratio of 1.07.

Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Tuesday, July 1st. The company reported $3.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.45 by ($0.23). Constellation Brands had a negative net margin of 4.11% and a positive return on equity of 31.41%. The company had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.57 billion. During the same period in the prior year, the business posted $3.57 EPS. Constellation Brands’s revenue was down 5.5% compared to the same quarter last year. Constellation Brands has set its FY 2026 guidance at 12.600-12.900 EPS. As a group, equities research analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Wednesday, July 30th were paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, July 30th. Constellation Brands’s payout ratio is -170.71%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on STZ shares. UBS Group raised their price target on shares of Constellation Brands from $195.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, July 3rd. TD Cowen lowered their target price on shares of Constellation Brands from $180.00 to $152.00 and set a “hold” rating for the company in a research note on Thursday, September 4th. Barclays reiterated an “equal weight” rating and issued a $150.00 target price (down from $202.00) on shares of Constellation Brands in a research note on Friday. BNP Paribas Exane cut shares of Constellation Brands from a “neutral” rating to an “underperform” rating and set a $123.00 target price for the company. in a research note on Wednesday, September 3rd. Finally, Raymond James Financial upgraded shares of Constellation Brands to a “strong-buy” rating in a research note on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $192.28.

Insider Transactions at Constellation Brands

In other news, EVP James O. Bourdeau sold 821 shares of the business’s stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $169.00, for a total transaction of $138,749.00. Following the transaction, the executive vice president owned 9,438 shares of the company’s stock, valued at approximately $1,595,022. The trade was a 8.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 12.45% of the stock is currently owned by company insiders.

About Constellation Brands

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.