NEOS Investment Management LLC Raises Stock Position in Constellation Brands Inc $STZ

NEOS Investment Management LLC increased its stake in shares of Constellation Brands Inc (NYSE:STZ) by 54.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,125 shares of the company’s stock after acquiring an additional 5,009 shares during the quarter. NEOS Investment Management LLC’s holdings in Constellation Brands were worth $1,902,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. GSA Capital Partners LLP acquired a new stake in shares of Constellation Brands during the third quarter worth about $365,000. denkapparat Operations GmbH purchased a new position in shares of Constellation Brands in the 3rd quarter valued at approximately $211,000. Zions Bancorporation National Association UT increased its stake in Constellation Brands by 502.4% in the 3rd quarter. Zions Bancorporation National Association UT now owns 1,976 shares of the company’s stock valued at $266,000 after buying an additional 1,648 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Constellation Brands by 3.3% in the third quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock valued at $2,451,346,000 after acquiring an additional 573,766 shares in the last quarter. Finally, Eagle Rock Investment Company LLC raised its holdings in Constellation Brands by 15.3% during the third quarter. Eagle Rock Investment Company LLC now owns 28,204 shares of the company’s stock worth $3,798,000 after purchasing an additional 3,744 shares in the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Stock Performance

NYSE STZ opened at $156.43 on Friday. The stock has a market cap of $27.13 billion, a price-to-earnings ratio of 24.67, a price-to-earnings-growth ratio of 0.46 and a beta of 0.44. The business has a fifty day moving average of $151.45 and a 200-day moving average of $146.22. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week 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.

Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.43. The company had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The firm’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period last year, the company earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, analysts predict 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, February 12th. Investors of record on Thursday, January 29th were paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.6%. The ex-dividend date was Thursday, January 29th. Constellation Brands’s dividend payout ratio is presently 64.35%.

Analyst Ratings Changes

A number of brokerages recently weighed in on STZ. JPMorgan Chase & Co. initiated coverage on Constellation Brands in a report on Friday, November 7th. They set a “neutral” rating and a $153.00 price objective on the stock. Sanford C. Bernstein boosted their target price on shares of Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. Citigroup upped their price target on shares of Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 price objective on shares of Constellation Brands in a report on Monday, December 15th. Finally, Piper Sandler reduced their price target on shares of Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. One equities research 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 an average rating of “Hold” and a consensus price target of $176.91.

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.