Constellation Brands Inc $STZ Shares Acquired by ICICI Prudential Asset Management Co Ltd

ICICI Prudential Asset Management Co Ltd lifted its holdings in Constellation Brands Inc (NYSE:STZ) by 22.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,700 shares of the company’s stock after buying an additional 11,000 shares during the quarter. ICICI Prudential Asset Management Co Ltd’s holdings in Constellation Brands were worth $8,174,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its position 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 purchasing an additional 1,533,961 shares in the last quarter. Norges Bank acquired a new stake in shares of Constellation Brands in the second quarter valued at about $239,737,000. Berkshire Hathaway Inc boosted its holdings in Constellation Brands by 11.6% during the second quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after buying an additional 1,391,000 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in Constellation Brands by 39.6% during 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 in 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 worth $2,451,346,000 after buying an additional 573,766 shares during the period. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on STZ shares. JPMorgan Chase & Co. started coverage on shares of Constellation Brands in a research report on Friday, November 7th. They set a “neutral” rating and a $153.00 price target for the company. Zacks Research raised shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Piper Sandler reduced their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. UBS Group set a $168.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Finally, Weiss Ratings upgraded Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $176.91.

Constellation Brands Trading Down 1.2%

Constellation Brands stock opened at $154.43 on Friday. The firm has a market capitalization of $26.78 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 0.46 and a beta of 0.44. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a 52-week low of $126.45 and a 52-week high of $196.91. The firm has a 50-day moving average price of $151.26 and a two-hundred day moving average price of $146.31.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 29.15% and a net margin of 11.08%.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 business earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Sell-side analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th were paid a $1.02 dividend. The ex-dividend date was Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.6%. Constellation Brands’s payout ratio is 64.35%.

About Constellation Brands

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.