Nordea Investment Management AB Acquires 49,625 Shares of Constellation Brands Inc $STZ

Nordea Investment Management AB raised its stake in shares of Constellation Brands Inc (NYSE:STZ) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 867,776 shares of the company’s stock after buying an additional 49,625 shares during the quarter. Nordea Investment Management AB’s holdings in Constellation Brands were worth $120,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Oppenheimer Asset Management Inc. increased its holdings in Constellation Brands by 329.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 73,323 shares of the company’s stock valued at $9,874,000 after acquiring an additional 56,263 shares during the last quarter. Matrix Asset Advisors Inc. NY bought a new position in shares of Constellation Brands during the 3rd quarter valued at about $5,236,000. Bayforest Capital Ltd boosted its holdings in shares of Constellation Brands by 5,810.2% during the 3rd quarter. Bayforest Capital Ltd now owns 6,974 shares of the company’s stock valued at $939,000 after purchasing an additional 6,856 shares during the last quarter. Inceptionr LLC grew its position in shares of Constellation Brands by 125.2% during the second quarter. Inceptionr LLC now owns 10,718 shares of the company’s stock valued at $1,744,000 after purchasing an additional 5,958 shares in the last quarter. Finally, 1832 Asset Management L.P. bought a new stake in shares of Constellation Brands in the second quarter worth about $2,057,000. Institutional investors own 77.34% of the company’s stock.

Constellation Brands Trading Down 1.5%

STZ opened at $149.69 on Monday. The stock has a 50-day moving average of $156.16 and a 200 day moving average of $144.23. 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 Inc has a 12 month low of $126.45 and a 12 month high of $196.91. The firm has a market cap of $25.96 billion, a P/E ratio of 23.61, a P/E/G ratio of 0.42 and a beta of 0.44.

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

Constellation Brands Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 target price on shares of Constellation Brands in a research report on Monday, December 15th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a research note on Friday, January 9th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Constellation Brands in a report on Wednesday. Wells Fargo & Company set a $165.00 target price on Constellation Brands in a research report on Thursday, January 8th. Finally, UBS Group set a $168.00 target price on shares of Constellation Brands in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Constellation Brands presently has an average rating of “Moderate Buy” and an average target price of $177.82.

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.