192,534 Shares in Constellation Brands Inc $STZ Bought by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership bought a new stake in Constellation Brands Inc (NYSE:STZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 192,534 shares of the company’s stock, valued at approximately $25,929,000. Artisan Partners Limited Partnership owned 0.11% of Constellation Brands at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Diversify Wealth Management LLC increased its stake in shares of Constellation Brands by 65.1% in the 3rd quarter. Diversify Wealth Management LLC now owns 3,227 shares of the company’s stock valued at $422,000 after acquiring an additional 1,272 shares during the last quarter. DNB Asset Management AS increased its stake in Constellation Brands by 70.1% in the third quarter. DNB Asset Management AS now owns 70,449 shares of the company’s stock valued at $9,487,000 after purchasing an additional 29,043 shares in the last quarter. MAI Capital Management increased its stake in Constellation Brands by 54.0% in the third quarter. MAI Capital Management now owns 9,885 shares of the company’s stock valued at $1,331,000 after purchasing an additional 3,468 shares in the last quarter. Cary Street Partners Financial LLC raised its holdings in Constellation Brands by 23.8% in the third quarter. Cary Street Partners Financial LLC now owns 1,270 shares of the company’s stock worth $171,000 after purchasing an additional 244 shares during the period. Finally, JFS Wealth Advisors LLC boosted its position in shares of Constellation Brands by 1,229.6% during the third quarter. JFS Wealth Advisors LLC now owns 944 shares of the company’s stock worth $127,000 after purchasing an additional 873 shares in the last quarter. Institutional investors own 77.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on STZ. UBS Group set a $168.00 price objective on shares of Constellation Brands in a research report on Friday, January 9th. Citigroup increased their price target on Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Barclays lifted their price objective on Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. 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, Needham & Company LLC restated a “buy” rating and set a $180.00 target price on shares of Constellation Brands in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Constellation Brands currently has an average rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Trading Up 1.2%

NYSE:STZ opened at $157.67 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91. The company has a market cap of $27.34 billion, a P/E ratio of 24.87, a price-to-earnings-growth ratio of 0.47 and a beta of 0.44. The business has a 50 day moving average price of $153.27 and a two-hundred day moving average price of $145.60.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 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 business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the previous year, the firm posted $3.25 earnings per share. The firm’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. As a group, analysts expect that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were given a $1.02 dividend. The ex-dividend date of this dividend was Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.6%. Constellation Brands’s payout ratio 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.