Constellation Brands Inc $STZ Stock Holdings Cut by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. cut its position in shares of Constellation Brands Inc (NYSE:STZ) by 93.1% during the 3rd quarter, Holdings Channel reports. The firm owned 4,530 shares of the company’s stock after selling 60,878 shares during the period. Cullen Frost Bankers Inc.’s holdings in Constellation Brands were worth $610,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Root Financial Partners LLC bought a new position in Constellation Brands during the third quarter valued at about $26,000. Salomon & Ludwin LLC bought a new position in shares of Constellation Brands during the 3rd quarter valued at about $30,000. Abound Wealth Management grew its stake in shares of 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 purchasing an additional 188 shares during the last quarter. CVA Family Office LLC raised its holdings in shares of Constellation Brands by 713.2% in the 3rd quarter. CVA Family Office LLC now owns 309 shares of the company’s stock worth $42,000 after purchasing an additional 271 shares in the last quarter. Finally, Curio Wealth LLC lifted its stake in Constellation Brands by 29,900.0% during the second quarter. Curio Wealth LLC now owns 300 shares of the company’s stock valued at $49,000 after purchasing an additional 299 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on STZ shares. Barclays lifted their price target 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. UBS Group set a $168.00 target price on Constellation Brands in a research report on Friday, January 9th. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price target on shares of Constellation Brands in a research report on Friday, January 9th. Zacks Research raised Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. Finally, Piper Sandler cut their price objective on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $176.91.

Constellation Brands Trading Down 0.2%

NYSE:STZ opened at $161.16 on Wednesday. The stock’s 50-day moving average is $144.13 and its two-hundred day moving average is $147.44. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91. The stock has a market cap of $27.95 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 0.48 and a beta of 0.45. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70.

Constellation Brands (NYSE:STZ) last released its 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. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the prior year, the firm earned $3.25 EPS. The company’s revenue was down 9.8% compared to the same quarter last year. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, equities research analysts forecast that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.5%. Constellation Brands’s payout ratio is presently 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.