Capital Analysts LLC Has $48,000 Stock Position in Constellation Brands Inc $STZ

Key Points

• Capital Analysts LLC significantly reduced its stake in Constellation Brands Inc by 98.1% in the first quarter, leaving them with only 264 shares valued at $48,000.
• Constellation Brands reported $3.22 earnings per share for the last quarter, missing analysts' estimates of $3.45, with revenue decreasing by 5.5% compared to the previous year.
• The company declared a quarterly dividend of $1.02 per share, representing an annualized dividend of $4.08 and a yield of 2.4%, despite having a negative payout ratio of -170.71%.

Capital Analysts LLC decreased its stake in Constellation Brands Inc (NYSE:STZ - Free Report) by 98.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 264 shares of the company's stock after selling 13,488 shares during the period. Capital Analysts LLC's holdings in Constellation Brands were worth $48,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of STZ. Minot DeBlois Advisors LLC acquired a new stake in Constellation Brands during the fourth quarter worth $29,000. Optiver Holding B.V. bought a new position in shares of Constellation Brands during the 4th quarter worth about $31,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Constellation Brands during the 1st quarter valued at about $32,000. Rakuten Securities Inc. boosted its position in shares of Constellation Brands by 805.0% during the 1st quarter. Rakuten Securities Inc. now owns 181 shares of the company's stock valued at $33,000 after acquiring an additional 161 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Constellation Brands during the 1st quarter valued at about $38,000. Institutional investors and hedge funds own 77.34% of the company's stock.

Constellation Brands Stock Up 1.6%

Shares of NYSE:STZ opened at $167.5020 on Friday. Constellation Brands Inc has a 52 week low of $159.35 and a 52 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. The company's fifty day moving average is $168.36 and its 200-day moving average is $175.97. The company has a market capitalization of $29.53 billion, a PE ratio of -70.08, a P/E/G ratio of 10.15 and a beta of 1.75.

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

Constellation Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors 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 2.4%. The ex-dividend date of this dividend was Wednesday, July 30th. Constellation Brands's payout ratio is currently -170.71%.

Insider Activity

In related news, EVP James O. Bourdeau sold 821 shares of Constellation Brands stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $169.00, for a total value of $138,749.00. Following the completion of the transaction, the executive vice president directly owned 9,438 shares of the company's stock, valued at $1,595,022. The trade was a 8.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 12.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on STZ shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Constellation Brands from $191.00 to $185.00 and set a "hold" rating on the stock in a research report on Thursday, June 5th. Piper Sandler lifted their target price on shares of Constellation Brands from $165.00 to $170.00 and gave the company a "neutral" rating in a research report on Friday, June 6th. Needham & Company LLC lifted their target price on shares of Constellation Brands from $195.00 to $200.00 and gave the company a "buy" rating in a research report on Thursday, July 3rd. CJS Securities reduced their target price on shares of Constellation Brands from $196.00 to $194.00 in a research note on Monday, May 19th. Finally, Wall Street Zen upgraded shares of Constellation Brands from a "sell" rating to a "hold" rating in a research note on Tuesday, May 20th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $213.74.

About Constellation Brands

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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