Shares of Constellation Brands Inc (NYSE:STZ – Get Free Report) have been given a consensus rating of “Hold” by the twenty-six brokerages that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $180.3478.
Several brokerages have issued reports on STZ. UBS Group set a $168.00 price objective on Constellation Brands in a report on Friday, January 9th. Barclays upped their target price on Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research report on Monday. Sanford C. Bernstein lifted their price target on Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. JPMorgan Chase & Co. assumed coverage on Constellation Brands in a report on Friday, November 7th. They issued a “neutral” rating and a $153.00 price objective for the company. Finally, Wells Fargo & Company set a $165.00 target price on shares of Constellation Brands in a research report on Thursday, January 8th.
Read Our Latest Report on Constellation Brands
Constellation Brands Stock Up 1.5%
Constellation Brands (NYSE:STZ – Get Free Report) last issued its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same quarter in the prior year, the business posted $3.25 EPS. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Research analysts expect that Constellation Brands will post 13.5 earnings per share for the current fiscal year.
Constellation Brands Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.
Institutional Investors Weigh In On Constellation Brands
Several hedge funds have recently made changes to their positions in the business. Brighton Jones LLC lifted its position in Constellation Brands by 23.0% during the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after acquiring an additional 187 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Constellation Brands by 3.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,676 shares of the company’s stock worth $3,244,000 after purchasing an additional 563 shares during the last quarter. Woodline Partners LP purchased a new stake in shares of Constellation Brands during the first quarter worth approximately $2,409,000. Integrity Alliance LLC. acquired a new stake in shares of Constellation Brands during the first quarter worth $513,000. Finally, Geneos Wealth Management Inc. grew its position in Constellation Brands by 9.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 813 shares of the company’s stock valued at $149,000 after buying an additional 73 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.
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.
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