Constellation Brands Inc $STZ Shares Acquired by Scientech Research LLC

Scientech Research LLC lifted its holdings in shares of Constellation Brands Inc (NYSE:STZ - Free Report) by 440.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,051 shares of the company's stock after buying an additional 4,117 shares during the period. Scientech Research LLC's holdings in Constellation Brands were worth $927,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Minot DeBlois Advisors LLC purchased a new position in Constellation Brands during the fourth quarter worth about $29,000. Laurel Wealth Advisors LLC purchased a new position in Constellation Brands during the first quarter worth about $32,000. Rakuten Securities Inc. raised its holdings in Constellation Brands by 805.0% during the first quarter. Rakuten Securities Inc. now owns 181 shares of the company's stock worth $33,000 after purchasing an additional 161 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in Constellation Brands during the first quarter worth about $38,000. Finally, WPG Advisers LLC purchased a new position in Constellation Brands during the first quarter worth about $43,000. Institutional investors and hedge funds own 77.34% of the company's stock.

Analyst Ratings Changes

STZ has been the subject of several analyst reports. CJS Securities cut their price target on shares of Constellation Brands from $196.00 to $194.00 in a report on Monday, May 19th. Barclays set a $202.00 price target on shares of Constellation Brands and gave the stock an "overweight" rating in a report on Thursday, June 26th. Roth Capital reaffirmed a "buy" rating and issued a $209.00 target price (down from $239.00) on shares of Constellation Brands in a report on Wednesday. Jefferies Financial Group dropped their target price on shares of Constellation Brands from $205.00 to $179.00 and set a "buy" rating for the company in a report on Wednesday, September 3rd. Finally, Wells Fargo & Company dropped their target price on shares of Constellation Brands from $196.00 to $170.00 and set an "overweight" rating for the company in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $194.36.

Constellation Brands Trading Up 1.7%

Shares of Constellation Brands stock opened at $148.38 on Monday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.07 and a quick ratio of 0.68. Constellation Brands Inc has a 1 year low of $144.81 and a 1 year high of $261.06. The company has a market capitalization of $26.16 billion, a P/E ratio of -62.08, a P/E/G ratio of 0.45 and a beta of 0.67. The business has a 50 day moving average price of $167.18 and a 200 day moving average price of $175.28.

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

Constellation Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Wednesday, July 30th were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, July 30th. Constellation Brands's payout ratio is currently -170.71%.

Insider Activity

In other Constellation Brands news, EVP James O. Bourdeau sold 821 shares of Constellation Brands stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $169.00, for a total value of $138,749.00. Following the completion of the sale, the executive vice president directly owned 9,438 shares of the company's stock, valued at approximately $1,595,022. The trade was a 8.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.45% of the stock is owned by corporate insiders.

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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