Constellation Brands Inc $STZ Shares Acquired by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its Constellation Brands stake by 253.1% in the second quarter, bringing its holdings to 11,160 shares valued at approximately $1.55 million. Institutional investors collectively own 77.34% of STZ.
• Analyst sentiment is mixed: 11 analysts rate STZ a Buy, nine recommend Hold and one recommends Sell, resulting in a consensus Hold rating and a $170 average price target.
• Constellation Brands shares opened at $128.19, near their 12-month low, after the company reported quarterly EPS of $3.43—below the $3.70 estimate—while revenue reached $2.43 billion and declined 3.3% year over year. The company also maintains a quarterly dividend of $1.03, yielding about 3.2%.

B. Metzler seel. Sohn & Co. AG boosted its position in Constellation Brands Inc (NYSE:STZ - Free Report) by 253.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,160 shares of the company's stock after purchasing an additional 7,999 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Constellation Brands were worth $1,552,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in STZ. Brighton Jones LLC lifted its holdings in Constellation Brands by 23.0% in the fourth quarter. Brighton Jones LLC now owns 1,001 shares of the company's stock valued at $221,000 after acquiring an additional 187 shares during the period. Woodline Partners LP purchased a new position in shares of Constellation Brands in the 1st quarter valued at about $2,409,000. Cary Street Partners Financial LLC lifted its stake in shares of Constellation Brands by 69.9% in the second quarter. Cary Street Partners Financial LLC now owns 1,026 shares of the company's stock valued at $167,000 after purchasing an additional 422 shares during the period. Bank of Nova Scotia lifted its stake in shares of Constellation Brands by 3.6% in the second quarter. Bank of Nova Scotia now owns 17,347 shares of the company's stock valued at $2,822,000 after purchasing an additional 599 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in Constellation Brands by 5.0% during the second quarter. Daiwa Securities Group Inc. now owns 23,732 shares of the company's stock worth $3,861,000 after buying an additional 1,127 shares in the last quarter. Hedge funds and other institutional investors own 77.34% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on STZ. TD Cowen restated a "buy" rating and set a $174.00 target price on shares of Constellation Brands in a research report on Wednesday, July 1st. BMO Capital Markets reissued an "outperform" rating and set a $190.00 price target on shares of Constellation Brands in a research note on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft lowered their price target on Constellation Brands from $155.00 to $150.00 and set a "hold" rating on the stock in a report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $185.00 price objective on shares of Constellation Brands in a report on Thursday, July 2nd. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Constellation Brands in a research report on Wednesday, July 1st. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $170.00.

Constellation Brands Stock Down 0.7%

Shares of NYSE STZ opened at $128.19 on Friday. The firm's 50-day moving average is $132.87 and its two-hundred day moving average is $144.06. The company has a market capitalization of $21.89 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 2.42 and a beta of 0.41. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month high of $168.60. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.91 and a quick ratio of 0.48.

Constellation Brands (NYSE:STZ - Get Free Report) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 earnings per share for the quarter, missing analysts' consensus estimates of $3.70 by ($0.27). The business had revenue of $2.43 billion for the quarter, compared to analysts' expectations of $2.39 billion. Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The company's revenue for the quarter was down 3.3% on a year-over-year basis. During the same period last year, the business earned $3.22 earnings per share. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Equities analysts anticipate that Constellation Brands Inc will post 11.84 EPS for the current fiscal year.

Constellation Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th were given a $1.03 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This represents a $4.12 annualized dividend and a dividend yield of 3.2%. Constellation Brands's dividend payout ratio is presently 39.31%.

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.

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