Financial Solutions Advisory Group Inc. Invests $825,000 in Constellation Brands Inc $STZ

Financial Solutions Advisory Group Inc. bought a new position in shares of Constellation Brands Inc (NYSE:STZ) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,498 shares of the company’s stock, valued at approximately $825,000.

A number of other large investors have also added to or reduced their stakes in the business. Capital World Investors increased its holdings in shares of Constellation Brands by 8.3% in the fourth quarter. Capital World Investors now owns 7,238,575 shares of the company’s stock valued at $998,740,000 after purchasing an additional 553,974 shares during the last quarter. State Street Corp lifted its stake in shares of Constellation Brands by 5.0% during the 4th quarter. State Street Corp now owns 6,911,369 shares of the company’s stock worth $953,492,000 after buying an additional 329,337 shares during the last quarter. Capital International Investors lifted its stake in shares of Constellation Brands by 48.5% during the 4th quarter. Capital International Investors now owns 6,442,600 shares of the company’s stock worth $888,930,000 after buying an additional 2,105,546 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Constellation Brands by 14.0% during the 4th quarter. Wellington Management Group LLP now owns 6,018,653 shares of the company’s stock worth $830,333,000 after buying an additional 739,393 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Constellation Brands by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 3,739,549 shares of the company’s stock worth $513,871,000 after buying an additional 54,184 shares during the period. Institutional investors own 77.34% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on STZ shares. UBS Group lowered their price target on shares of Constellation Brands from $186.00 to $175.00 and set a “buy” rating on the stock in a report on Wednesday, June 17th. Citigroup restated a “buy” rating on shares of Constellation Brands in a report on Monday, May 18th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a research report on Thursday, July 2nd. Morgan Stanley lowered their target price on Constellation Brands from $183.00 to $158.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 2nd. Finally, Roth Capital reiterated a “buy” rating and set a $209.00 target price on shares of Constellation Brands in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Constellation Brands currently has a consensus rating of “Hold” and an average target price of $167.53.

Constellation Brands Price Performance

NYSE:STZ opened at $130.30 on Friday. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $174.32. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.48 and a current ratio of 0.91. The firm’s 50-day simple moving average is $137.64 and its 200 day simple moving average is $148.75. The firm has a market cap of $22.25 billion, a price-to-earnings ratio of 12.43, a P/E/G ratio of 4.05 and a beta of 0.39.

Constellation Brands (NYSE:STZ) last posted 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 net margin of 18.87% and a return on equity of 25.58%. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the prior year, the firm earned $3.22 EPS. The business’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. As a group, sell-side analysts predict that Constellation Brands Inc will post 11.84 earnings per share for the current year.

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th will be given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Thursday, July 30th. Constellation Brands’s payout ratio is presently 39.31%.

Insider Activity

In related news, EVP James O. Bourdeau sold 4,407 shares of the 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 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 filing with the SEC, which is available through the SEC website. Company insiders own 12.20% 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.