Banco Bilbao Vizcaya Argentaria S.A. Has $5.82 Million Stake in Constellation Brands Inc $STZ

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Constellation Brands Inc by 732.7%, now holding 31,710 shares worth approximately $5.82 million.
• Several institutional investors, including Vanguard Group Inc. and Berkshire Hathaway Inc., have also significantly boosted their positions in Constellation Brands, which now has 77.34% of its stock owned by institutional investors.
• Despite a reported earnings miss for the quarter on July 1st, Constellation Brands has set a fiscal year 2026 guidance of 12.600-12.900 EPS, with analysts predicting an EPS of 13.5 for the current fiscal year.

Banco Bilbao Vizcaya Argentaria S.A. grew its position in Constellation Brands Inc (NYSE:STZ - Free Report) by 732.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,710 shares of the company's stock after purchasing an additional 27,902 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Constellation Brands were worth $5,819,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Constellation Brands by 18.6% in the first quarter. Vanguard Group Inc. now owns 18,417,604 shares of the company's stock valued at $3,379,999,000 after purchasing an additional 2,882,817 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in shares of Constellation Brands in the fourth quarter valued at approximately $1,242,976,000. Wellington Management Group LLP grew its position in shares of Constellation Brands by 127.9% in the first quarter. Wellington Management Group LLP now owns 4,480,788 shares of the company's stock valued at $822,314,000 after purchasing an additional 2,514,517 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Constellation Brands by 7.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,922,122 shares of the company's stock valued at $352,748,000 after purchasing an additional 139,158 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Constellation Brands by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,693,827 shares of the company's stock valued at $310,851,000 after purchasing an additional 76,186 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company's stock.

Wall Street Analyst Weigh In

STZ has been the topic of several research reports. Barclays set a $202.00 target price on Constellation Brands and gave the company an "overweight" rating in a research report on Thursday, June 26th. CJS Securities reduced their price target on Constellation Brands from $196.00 to $194.00 in a research report on Monday, May 19th. Truist Financial raised Constellation Brands from a "hold" rating to a "buy" rating and increased their price target for the stock from $190.00 to $215.00 in a research report on Wednesday, May 7th. Roth Capital reduced their price target on Constellation Brands from $256.00 to $239.00 and set a "buy" rating on the stock in a research report on Tuesday, May 20th. Finally, Wall Street Zen raised Constellation Brands from a "sell" rating to a "hold" rating in a research report on Tuesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Constellation Brands presently has an average rating of "Moderate Buy" and a consensus price target of $213.74.

Insider Buying and Selling at Constellation Brands

In other Constellation Brands news, EVP James O. Bourdeau sold 821 shares of the firm's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $169.00, for a total value of $138,749.00. Following the sale, the executive vice president owned 9,438 shares of the company's stock, valued at approximately $1,595,022. This trade represents a 8.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 12.45% of the company's stock.

Constellation Brands Trading Up 0.2%

Shares of STZ stock opened at $166.1850 on Thursday. The stock's fifty day moving average price is $168.40 and its two-hundred day moving average price is $176.05. The company has a market cap of $29.30 billion, a PE ratio of -69.53, a P/E/G ratio of 10.04 and a beta of 0.67. Constellation Brands Inc has a fifty-two week low of $159.35 and a fifty-two week high of $261.06. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.68 and a current ratio of 1.07.

Constellation Brands (NYSE:STZ - Get Free Report) last issued its earnings results on Tuesday, July 1st. The company reported $3.22 earnings per share for the quarter, missing analysts' consensus estimates of $3.45 by ($0.23). The business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $2.57 billion. Constellation Brands had a negative net margin of 4.11% and a positive return on equity of 31.41%. The company's revenue for the quarter was down 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $3.57 EPS. Constellation Brands has set its FY 2026 guidance at 12.600-12.900 EPS. Equities analysts predict that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Shareholders of record on Wednesday, July 30th were issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Wednesday, July 30th. Constellation Brands's dividend payout ratio (DPR) is currently -170.71%.

Constellation Brands Profile

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.

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