5,498 Shares in Constellation Brands Inc $STZ Purchased by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. acquired a new position in shares of Constellation Brands Inc (NYSE:STZ) in the 1st quarter, Holdings Channel.com reports. The firm acquired 5,498 shares of the company’s stock, valued at approximately $825,000.

A number of other large investors have also recently bought and sold shares of STZ. Hudson Edge Investment Partners Inc. boosted its holdings in shares of Constellation Brands by 36.1% in the 4th quarter. Hudson Edge Investment Partners Inc. now owns 48,062 shares of the company’s stock valued at $6,631,000 after purchasing an additional 12,746 shares in the last quarter. Swiss Life Asset Management Ltd raised its holdings in shares of Constellation Brands by 99.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock worth $5,310,000 after buying an additional 19,161 shares in the last quarter. Swedbank AB raised its holdings in shares of Constellation Brands by 108.1% during the 4th quarter. Swedbank AB now owns 63,055 shares of the company’s stock worth $8,699,000 after buying an additional 32,757 shares in the last quarter. OLD Republic International Corp lifted its position in shares of Constellation Brands by 76.7% during the 4th quarter. OLD Republic International Corp now owns 193,500 shares of the company’s stock worth $26,695,000 after buying an additional 84,000 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Constellation Brands during the 4th quarter worth $14,639,000. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Constellation Brands

In other Constellation Brands news, EVP James O. Bourdeau sold 4,407 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total value of $631,258.68. Following the sale, the executive vice president owned 9,109 shares in the company, valued at approximately $1,304,773.16. The trade was a 32.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 12.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on STZ. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $185.00 price objective on shares of Constellation Brands in a research note on Thursday, July 2nd. UBS Group lowered their target price on Constellation Brands from $186.00 to $175.00 and set a “buy” rating for the company in a research note on Wednesday, June 17th. Citigroup restated a “buy” rating on shares of Constellation Brands in a research note on Monday, May 18th. Piper Sandler reaffirmed a “neutral” rating and set a $160.00 price target on shares of Constellation Brands in a report on Wednesday, July 1st. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Constellation Brands in a research report on Wednesday, July 1st. Eleven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $167.53.

Constellation Brands Price Performance

Shares of NYSE:STZ opened at $130.30 on Friday. The firm has a market cap of $22.25 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 4.05 and a beta of 0.39. The firm’s fifty day moving average is $137.64 and its 200-day moving average is $148.75. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.48 and a current ratio of 0.91. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $174.32.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 earnings per share for the quarter, missing the consensus estimate of $3.70 by ($0.27). The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.39 billion. Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.22 EPS. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Sell-side analysts predict that Constellation Brands Inc will post 11.84 earnings per share for the current year.

Constellation Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th will be given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Thursday, July 30th. Constellation Brands’s payout ratio is 39.31%.

Constellation Brands Company 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.