Delta Global Management LP Purchases 3,939 Shares of Constellation Brands Inc $STZ

Delta Global Management LP raised its position in Constellation Brands Inc (NYSE:STZ) by 29.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,495 shares of the company’s stock after buying an additional 3,939 shares during the period. Delta Global Management LP’s holdings in Constellation Brands were worth $2,356,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Constellation Brands by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock worth $2,451,346,000 after acquiring an additional 573,766 shares in the last quarter. Berkshire Hathaway Inc grew its position in Constellation Brands by 11.6% during the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after acquiring an additional 1,391,000 shares during the last quarter. Capital International Investors increased its holdings in Constellation Brands by 0.7% during the 3rd quarter. Capital International Investors now owns 4,337,054 shares of the company’s stock valued at $584,135,000 after purchasing an additional 28,036 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its holdings in Constellation Brands by 1.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,710,940 shares of the company’s stock valued at $499,752,000 after purchasing an additional 35,085 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Constellation Brands by 76.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,126,644 shares of the company’s stock valued at $421,059,000 after purchasing an additional 1,356,903 shares during the last quarter. 77.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on STZ. UBS Group set a $168.00 target price on Constellation Brands in a report on Friday, January 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $180.00 price target on shares of Constellation Brands in a report on Tuesday, January 6th. BMO Capital Markets reiterated an “outperform” rating and set a $190.00 price target on shares of Constellation Brands in a research report on Friday, January 9th. Wells Fargo & Company set a $165.00 price objective on shares of Constellation Brands in a report on Thursday, January 8th. Finally, Weiss Ratings raised shares of 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 given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $176.91.

Constellation Brands Trading Up 0.7%

Shares of STZ opened at $151.15 on Tuesday. The stock’s fifty day simple moving average is $155.64 and its 200-day simple moving average is $144.34. The firm has a market capitalization of $26.21 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 0.42 and a beta of 0.44. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month 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.

Constellation Brands (NYSE:STZ) last announced 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 firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company’s revenue was down 9.8% on a year-over-year basis. During the same period last year, the company earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, research analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were given a dividend of $1.02 per share. The ex-dividend date was Thursday, January 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. Constellation Brands’s payout ratio is currently 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.