Constellation Brands Inc $STZ Shares Sold by Florida Trust Wealth Management Co

Florida Trust Wealth Management Co cut its holdings in Constellation Brands Inc (NYSE:STZ) by 33.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,233 shares of the company’s stock after selling 8,024 shares during the quarter. Florida Trust Wealth Management Co’s holdings in Constellation Brands were worth $2,186,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Berkshire Hathaway Inc lifted its holdings in Constellation Brands by 11.6% in the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock valued at $2,179,912,000 after purchasing an additional 1,391,000 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Constellation Brands by 13.6% in the 2nd quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock worth $605,293,000 after acquiring an additional 448,259 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its holdings in shares of Constellation Brands by 39.6% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock worth $597,988,000 after acquiring an additional 1,042,904 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Constellation Brands by 2.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,969,081 shares of the company’s stock valued at $320,329,000 after acquiring an additional 46,959 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Constellation Brands by 650.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock valued at $287,889,000 after acquiring an additional 1,533,961 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Analyst Ratings Changes

STZ has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Constellation Brands in a research note on Monday, December 29th. Morgan Stanley cut their price target on shares of Constellation Brands from $176.00 to $160.00 and set an “equal weight” rating for the company in a report on Tuesday, October 7th. UBS Group set a $168.00 price objective on Constellation Brands in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 target price on shares of Constellation Brands in a research note on Monday, December 15th. Finally, Sanford C. Bernstein upped their price target on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Constellation Brands currently has an average rating of “Hold” and an average target price of $180.35.

Constellation Brands Price Performance

STZ opened at $156.74 on Tuesday. The stock’s 50-day moving average price is $140.41 and its 200 day moving average price is $147.85. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month high of $196.91. The firm has a market cap of $27.18 billion, a price-to-earnings ratio of 24.72, a PEG ratio of 0.46 and a beta of 0.45. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) 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 business’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.25 earnings per share. 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 earnings per share for the current year.

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th will be given a $1.02 dividend. 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 currently 64.35%.

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.