Cibc World Market Inc. Trims Stock Holdings in Constellation Brands Inc $STZ

Cibc World Market Inc. lowered its holdings in Constellation Brands Inc (NYSE:STZ) by 32.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,323 shares of the company’s stock after selling 6,404 shares during the period. Cibc World Market Inc.’s holdings in Constellation Brands were worth $1,794,000 at the end of the most recent quarter.

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

Constellation Brands Trading Down 8.1%

STZ stock opened at $149.20 on Tuesday. The company has a market capitalization of $25.87 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 0.44 and a beta of 0.44. 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 Inc has a one year low of $126.45 and a one year high of $196.91. The company’s 50 day moving average price is $150.82 and its two-hundred day moving average price is $146.28.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations 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 was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on STZ. Needham & Company LLC reiterated a “buy” rating and set a $180.00 price target on shares of Constellation Brands in a research report on Tuesday, January 6th. Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. Zacks Research upgraded shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. UBS Group set a $168.00 price target on shares of Constellation Brands in a research report on Friday, January 9th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price target on shares of Constellation Brands in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Constellation Brands has a consensus rating of “Hold” and a consensus price target of $176.91.

Constellation Brands 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.