Constellation Brands (NYSE:STZ) Upgraded at Citigroup

Citigroup upgraded shares of Constellation Brands (NYSE:STZ) from a neutral rating to a buy rating in a research note released on Wednesday, MarketBeat.com reports. Citigroup currently has $175.00 price objective on the stock, up from their previous price objective of $155.00.

Several other equities analysts have also commented on STZ. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $160.00 price objective on shares of Constellation Brands in a research report on Monday, December 15th. Sanford C. Bernstein upped their target price on shares of Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Barclays upped their target price on shares of Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Weiss Ratings upgraded Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company set a $165.00 price objective on Constellation Brands in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $177.82.

Constellation Brands Stock Down 1.5%

Shares of STZ opened at $149.69 on Wednesday. The stock has a market capitalization of $25.96 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 0.42 and a beta of 0.44. Constellation Brands has a 1 year low of $126.45 and a 1 year high of $196.91. The business’s 50 day simple moving average is $156.16 and its 200-day simple moving average is $144.29. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70.

Constellation Brands (NYSE:STZ) last posted its earnings results on Wednesday, January 7th. The company reported $3.06 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 the consensus estimate of $2.17 billion. During the same period in the prior year, the company earned $3.25 EPS. The company’s quarterly revenue was down 9.8% compared to the same quarter last year. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, equities analysts expect that Constellation Brands will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th were given 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 dividend payout ratio is 64.35%.

Hedge Funds Weigh In On Constellation Brands

Large investors have recently bought and sold shares of the business. Root Financial Partners LLC acquired a new position in shares of Constellation Brands during the 3rd quarter worth approximately $26,000. MV Capital Management Inc. acquired a new stake in Constellation Brands in the 4th quarter worth about $26,000. Stance Capital LLC acquired a new position in shares of Constellation Brands during the third quarter valued at approximately $26,000. Strive Financial Group LLC acquired a new stake in shares of Constellation Brands in the fourth quarter worth approximately $27,000. Finally, GoalVest Advisory LLC purchased a new position in Constellation Brands in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 77.34% of the company’s stock.

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.