Capital World Investors Decreases Holdings in Constellation Brands Inc $STZ

Capital World Investors lessened its stake in Constellation Brands Inc (NYSE:STZ) by 43.3% in the third quarter, HoldingsChannel reports. The fund owned 6,684,601 shares of the company’s stock after selling 5,103,810 shares during the period. Capital World Investors’ holdings in Constellation Brands were worth $900,277,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in Constellation Brands in the 3rd quarter worth approximately $26,000. Salomon & Ludwin LLC bought a new position in shares of Constellation Brands during the third quarter valued at $30,000. Abound Wealth Management raised its holdings in Constellation Brands by 341.8% in the 3rd quarter. Abound Wealth Management now owns 243 shares of the company’s stock worth $33,000 after acquiring an additional 188 shares during the last quarter. CVA Family Office LLC raised its stake in shares of Constellation Brands by 713.2% in the third quarter. CVA Family Office LLC now owns 309 shares of the company’s stock worth $42,000 after purchasing an additional 271 shares during the last quarter. Finally, Accredited Wealth Management LLC lifted its stake in Constellation Brands by 572.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 316 shares of the company’s stock valued at $43,000 after acquiring an additional 269 shares during the period. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Constellation Brands Stock Performance

NYSE STZ opened at $150.21 on Wednesday. The company has a market cap of $26.05 billion, a P/E ratio of 23.69, a P/E/G ratio of 0.42 and a beta of 0.44. The business’s 50 day moving average price is $154.84 and its 200-day moving average price is $144.64. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings data 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 net margin of 11.08% and a return on equity of 29.15%. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Sell-side analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands’s payout ratio is currently 64.35%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on STZ. UBS Group set a $168.00 target price on Constellation Brands in a research report on Friday, January 9th. Needham & Company LLC reiterated a “buy” rating and issued a $180.00 price target on shares of Constellation Brands in a research note on Tuesday, January 6th. Sanford C. Bernstein lifted their price objective 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. Weiss Ratings upgraded shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, February 5th. Finally, Barclays raised their price objective on Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $176.91.

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.