Oak Asset Management LLC Reduces Stock Position in Constellation Brands Inc $STZ

Oak Asset Management LLC trimmed its stake in shares of Constellation Brands Inc (NYSE:STZ) by 61.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,645 shares of the company’s stock after selling 10,496 shares during the period. Oak Asset Management LLC’s holdings in Constellation Brands were worth $917,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings 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 purchasing an additional 187 shares during the last quarter. Woodline Partners LP acquired a new stake in Constellation Brands in the first quarter valued at $2,409,000. Coldstream Capital Management Inc. increased its position in shares of Constellation Brands by 22.0% in the second quarter. Coldstream Capital Management Inc. now owns 2,280 shares of the company’s stock valued at $371,000 after buying an additional 411 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of Constellation Brands during the 2nd quarter worth $331,000. Finally, CreativeOne Wealth LLC raised its stake in shares of Constellation Brands by 14.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 1,500 shares of the company’s stock worth $244,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Constellation Brands Stock Up 0.6%

STZ stock opened at $151.34 on Friday. The company has a 50 day moving average price of $155.79 and a two-hundred day moving average price of $144.43. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34. The stock has a market capitalization of $26.24 billion, a P/E ratio of 23.87, a PEG ratio of 0.42 and a beta of 0.44. Constellation Brands Inc has a one year low of $126.45 and a one year high of $196.91.

Constellation Brands (NYSE:STZ) last issued 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 company had revenue of $2.22 billion for 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 business’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, sell-side analysts expect that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th were paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.

Wall Street Analyst Weigh In

STZ has been the topic of a number of research reports. Wells Fargo & Company set a $165.00 price objective on shares of Constellation Brands in a research note on Thursday, January 8th. Barclays lifted their target price 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, January 12th. Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. Sanford C. Bernstein increased their price target on shares of Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Constellation Brands in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Constellation Brands has a consensus rating of “Moderate Buy” and a consensus target price of $177.82.

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.