Constellation Brands Inc $STZ Shares Sold by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. cut its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 96.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,041 shares of the company’s stock after selling 64,180 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in Constellation Brands were worth $275,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in STZ. Ameriprise Financial Inc. grew its position in shares of Constellation Brands by 650.6% in the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock valued at $287,889,000 after purchasing an additional 1,533,961 shares during the period. Norges Bank acquired a new stake in Constellation Brands in the 2nd quarter worth about $239,737,000. Berkshire Hathaway Inc increased its stake in Constellation Brands by 11.6% during the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after buying an additional 1,391,000 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its stake in 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 buying an additional 1,042,904 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Constellation Brands by 3.3% during the third quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock valued at $2,451,346,000 after acquiring an additional 573,766 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on STZ shares. Citigroup lifted their price target on Constellation Brands from $148.00 to $155.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $160.00 target price on shares of Constellation Brands in a report on Monday, December 15th. Wells Fargo & Company set a $165.00 price target on shares of Constellation Brands in a research note on Thursday, January 8th. Weiss Ratings upgraded shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. Finally, UBS Group set a $168.00 price objective on shares of Constellation Brands in a research note 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 issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $176.91.

Constellation Brands Stock Down 0.1%

NYSE STZ opened at $149.92 on Thursday. The business’s fifty day simple moving average is $155.08 and its 200-day simple moving average is $144.68. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The firm has a market cap of $26.00 billion, a PE ratio of 23.65, a P/E/G ratio of 0.42 and a beta of 0.44. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91.

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. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the firm posted $3.25 earnings per share. Constellation Brands’s quarterly revenue 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, equities analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

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

About Constellation Brands

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.