Constellation Brands Inc $STZ Shares Sold by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC lowered its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 55.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,264 shares of the company’s stock after selling 15,078 shares during the period. Richard Bernstein Advisors LLC’s holdings in Constellation Brands were worth $1,652,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of STZ. Brighton Jones LLC increased its position in Constellation Brands by 23.0% during the fourth quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after buying an additional 187 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Constellation Brands during the first quarter valued at $2,409,000. Savant Capital LLC increased its position in Constellation Brands by 2.6% during the 2nd quarter. Savant Capital LLC now owns 3,644 shares of the company’s stock worth $593,000 after purchasing an additional 94 shares in the last quarter. Wedbush Securities Inc. raised its stake in Constellation Brands by 3.9% in the 2nd quarter. Wedbush Securities Inc. now owns 2,531 shares of the company’s stock valued at $412,000 after purchasing an additional 96 shares during the last quarter. Finally, Prospera Financial Services Inc raised its position in shares of Constellation Brands by 6.2% in the second quarter. Prospera Financial Services Inc now owns 4,202 shares of the company’s stock valued at $684,000 after buying an additional 247 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Constellation Brands Price Performance

Constellation Brands stock opened at $148.88 on Tuesday. The firm has a fifty day moving average of $154.64 and a 200-day moving average of $144.76. Constellation Brands Inc has a 52-week low of $126.45 and a 52-week high of $196.91. 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 firm has a market capitalization of $25.82 billion, a P/E ratio of 23.48, a PEG ratio of 0.41 and a beta of 0.44.

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

Constellation Brands Dividend Announcement

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 of this dividend was Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.7%. Constellation Brands’s dividend payout ratio (DPR) is 64.35%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Piper Sandler cut their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, November 21st. Needham & Company LLC reissued a “buy” rating and issued a $180.00 price target on shares of Constellation Brands in a research note on Tuesday, January 6th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price objective on shares of Constellation Brands in a research note on Friday, January 9th. UBS Group set a $168.00 target price on shares of Constellation Brands in a research report on Friday, January 9th. Finally, Wells Fargo & Company set a $165.00 price target on shares of Constellation Brands in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Constellation Brands has a consensus rating of “Hold” and an average price target of $176.91.

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.