Nordea Investment Management AB Grows Holdings in Constellation Brands Inc $STZ

Nordea Investment Management AB grew its position in Constellation Brands Inc (NYSE:STZ) by 34.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 818,151 shares of the company’s stock after acquiring an additional 211,205 shares during the period. Nordea Investment Management AB owned about 0.47% of Constellation Brands worth $110,254,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Berkshire Hathaway Inc raised its holdings in 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. Geode Capital Management LLC grew its holdings in Constellation Brands by 13.6% in the second quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock valued at $605,293,000 after purchasing an additional 448,259 shares during the period. Grantham Mayo Van Otterloo & Co. LLC increased its position 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 valued at $597,988,000 after buying an additional 1,042,904 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Constellation Brands by 2.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,969,081 shares of the company’s stock worth $320,329,000 after buying an additional 46,959 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Constellation Brands by 650.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock worth $287,889,000 after buying an additional 1,533,961 shares during the period. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Piper Sandler dropped their price target on shares of Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Constellation Brands in a report on Monday, December 29th. Citigroup lifted their target price on shares of Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday. Barclays upped their price target on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Zacks Research raised shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Constellation Brands presently has an average rating of “Hold” and a consensus price target of $180.35.

Constellation Brands Price Performance

Shares of NYSE STZ opened at $153.01 on Wednesday. The firm has a 50-day simple moving average of $138.13 and a 200-day simple moving average of $148.18. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $26.78 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 0.45 and a beta of 1.75. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. The company had revenue of $2.22 billion during 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%. Constellation Brands’s revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, equities analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th will be given a $1.02 dividend. The ex-dividend date is 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%.

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.