Constellation Brands Inc $STZ Shares Acquired by Oppenheimer Asset Management Inc.

Key Points

• Oppenheimer Asset Management raised its stake in Constellation Brands by 329.8% in Q3 to 73,323 shares (about $9.87M), while institutional investors own 77.34% of the company and Berkshire Hathaway holds 13.4M shares.
• Constellation beat quarterly estimates with EPS $3.06 vs. $2.63 expected and revenue of $2.22B (vs. $2.17B) despite revenue being down 9.8% YoY; management set FY2026 EPS guidance of 11.30–11.60, while analysts average a "Hold" rating and a $176.91 price target (consensus EPS ~13.5).
• The company announced a quarterly dividend of $1.02 (annualized $4.08), a yield of 2.5% and a payout ratio of 64.35%, with the ex-dividend and record dates on January 29 and payment on February 12.

Oppenheimer Asset Management Inc. lifted its stake in Constellation Brands Inc (NYSE:STZ - Free Report) by 329.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 73,323 shares of the company's stock after purchasing an additional 56,263 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Constellation Brands were worth $9,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in STZ. Ameriprise Financial Inc. increased its position in Constellation Brands by 650.6% during the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company's stock worth $287,889,000 after purchasing an additional 1,533,961 shares during the last quarter. Norges Bank purchased a new stake in shares of Constellation Brands in the 2nd quarter valued at approximately $239,737,000. Berkshire Hathaway Inc increased its holdings in shares of 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 during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of 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 valued at $597,988,000 after buying an additional 1,042,904 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Constellation Brands by 13.6% during the 2nd quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company's stock valued at $605,293,000 after buying an additional 448,259 shares during the period. Institutional investors and hedge funds own 77.34% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on STZ. JPMorgan Chase & Co. initiated coverage on Constellation Brands in a research report on Friday, November 7th. They issued a "neutral" rating and a $153.00 price objective for the company. Sanford C. Bernstein increased their price target on Constellation Brands from $195.00 to $197.00 and gave the stock an "outperform" rating in a report on Friday, January 9th. Barclays boosted their price objective on shares of Constellation Brands from $147.00 to $148.00 and gave the company an "equal weight" rating in a report on Monday, January 12th. Piper Sandler lowered their target price on shares of Constellation Brands from $155.00 to $135.00 and set a "neutral" rating for the company in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $160.00 price target on shares of Constellation Brands in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $176.91.

Constellation Brands Price Performance

Constellation Brands stock opened at $163.57 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a 52-week low of $126.45 and a 52-week high of $196.91. The firm has a market cap of $28.36 billion, a PE ratio of 25.80, a price-to-earnings-growth ratio of 0.49 and a beta of 0.44. The company's 50 day moving average is $149.00 and its two-hundred day moving average is $146.80.

Constellation Brands (NYSE:STZ - Get Free Report) last posted its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.43. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the company earned $3.25 earnings per share. The company's 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. On average, research analysts expect that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.5%. Constellation Brands's dividend payout ratio (DPR) is 64.35%.

Constellation Brands Company 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.

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