Teacher Retirement System of Texas Reduces Stake in Constellation Brands Inc $STZ

Teacher Retirement System of Texas reduced its holdings in Constellation Brands Inc (NYSE:STZ) by 20.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 19,623 shares of the company’s stock after selling 5,080 shares during the quarter. Teacher Retirement System of Texas’ holdings in Constellation Brands were worth $2,643,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Brighton Jones LLC raised its holdings in Constellation Brands by 23.0% in the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after purchasing an additional 187 shares in the last quarter. Woodline Partners LP bought a new position in Constellation Brands in the first quarter worth about $2,409,000. Avior Wealth Management LLC lifted its holdings in Constellation Brands by 537.7% in the second quarter. Avior Wealth Management LLC now owns 1,403 shares of the company’s stock worth $228,000 after buying an additional 1,183 shares during the period. Sound Income Strategies LLC lifted its holdings in Constellation Brands by 23,150.0% in the second quarter. Sound Income Strategies LLC now owns 465 shares of the company’s stock worth $76,000 after buying an additional 463 shares during the period. Finally, V Square Quantitative Management LLC boosted its position in Constellation Brands by 3.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 1,682 shares of the company’s stock valued at $274,000 after acquiring an additional 62 shares in the last quarter. Institutional investors own 77.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on STZ. Zacks Research raised Constellation Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Constellation Brands in a research report on Monday, December 29th. Sanford C. Bernstein upped 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. UBS Group set a $168.00 price target on shares of Constellation Brands in a research note on Friday, January 9th. Finally, Barclays lifted their price target 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. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $176.91.

Constellation Brands Price Performance

Shares of NYSE:STZ opened at $154.55 on Friday. The business has a fifty day moving average price of $145.18 and a 200-day moving average price of $147.56. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. The company has a market capitalization of $26.80 billion, a PE ratio of 24.38, a PEG ratio of 0.47 and a beta of 0.45. Constellation Brands Inc has a 1-year low of $126.45 and a 1-year high of $196.91.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.63 by $0.43. The company 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%. Constellation Brands’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, equities analysts expect that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, January 29th. Constellation Brands’s payout ratio is presently 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.