Stonebridge Capital Advisors LLC Sells 16,445 Shares of Constellation Brands Inc $STZ

Stonebridge Capital Advisors LLC lowered its position in Constellation Brands Inc (NYSE:STZ) by 31.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,614 shares of the company’s stock after selling 16,445 shares during the period. Stonebridge Capital Advisors LLC’s holdings in Constellation Brands were worth $4,796,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in Constellation Brands by 650.6% in the second 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. Norges Bank bought a new position in shares of Constellation Brands in the 2nd quarter worth approximately $239,737,000. Berkshire Hathaway Inc lifted its stake in shares of Constellation Brands by 11.6% in the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after purchasing an additional 1,391,000 shares during the period. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of Constellation Brands by 39.6% in the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock worth $597,988,000 after buying an additional 1,042,904 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Constellation Brands by 3.3% during the third quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock valued at $2,451,346,000 after buying an additional 573,766 shares during the period. Institutional investors own 77.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price target on shares of Constellation Brands in a research report on Friday, January 9th. Barclays upped their price objective on Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Wells Fargo & Company set a $165.00 target price on Constellation Brands in a research report on Thursday, January 8th. Sanford C. Bernstein boosted 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. Finally, Citigroup upped their price target on Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Down 3.2%

NYSE STZ opened at $151.05 on Thursday. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. The stock has a market cap of $26.19 billion, a PE ratio of 23.82, a P/E/G ratio of 0.44 and a beta of 0.44. The stock’s 50 day moving average is $154.13 and its 200 day moving average is $145.29.

Constellation Brands (NYSE:STZ) last released its earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Research analysts predict that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were issued 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 payout ratio is 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.