Junto Capital Management LP Invests $21.68 Million in Constellation Brands Inc $STZ

Key Points

• Junto Capital Management acquired 155,894 shares of Constellation Brands worth approximately $21.68 million, giving it a 0.09% stake. Institutional investors collectively own 77.34% of the company.
• Constellation Brands reported quarterly revenue of $2.43 billion, ahead of expectations, but EPS of $3.43 missed consensus by $0.27; revenue declined 3.3% year over year. The stock traded near its 52-week low at $121.50, well below its 52-week high of $168.60.
• The company maintains a quarterly dividend of $1.03 per share, or $4.12 annualized, yielding about 3.4%. Analysts remain mixed, with an overall “Hold” rating and an average price target of $170.

Junto Capital Management LP acquired a new stake in shares of Constellation Brands Inc (NYSE:STZ - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 155,894 shares of the company's stock, valued at approximately $21,683,000. Junto Capital Management LP owned 0.09% of Constellation Brands at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. California State Teachers Retirement System increased its stake in Constellation Brands by 14,134.2% in the 2nd quarter. California State Teachers Retirement System now owns 34,381,935 shares of the company's stock worth $4,782,183,000 after buying an additional 34,140,390 shares in the last quarter. Capital World Investors lifted its position in shares of Constellation Brands by 8.3% in the fourth quarter. Capital World Investors now owns 7,238,575 shares of the company's stock valued at $998,740,000 after acquiring an additional 553,974 shares in the last quarter. State Street Corp grew its position in shares of Constellation Brands by 5.0% during the fourth quarter. State Street Corp now owns 6,911,369 shares of the company's stock worth $953,492,000 after purchasing an additional 329,337 shares in the last quarter. Capital International Investors grew its position in shares of Constellation Brands by 48.5% during the fourth quarter. Capital International Investors now owns 6,442,600 shares of the company's stock worth $888,930,000 after purchasing an additional 2,105,546 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in Constellation Brands by 14.0% during the 4th quarter. Wellington Management Group LLP now owns 6,018,653 shares of the company's stock valued at $830,333,000 after purchasing an additional 739,393 shares during the period. Hedge funds and other institutional investors own 77.34% of the company's stock.

Constellation Brands Trading Up 0.4%

NYSE STZ opened at $121.50 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.91 and a debt-to-equity ratio of 1.06. The firm has a market cap of $20.75 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 2.28 and a beta of 0.41. The company has a 50 day moving average price of $131.98 and a 200 day moving average price of $143.37. Constellation Brands Inc has a 52 week low of $120.25 and a 52 week high of $168.60.

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

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, July 30th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 3.4%. The ex-dividend date was Thursday, July 30th. Constellation Brands's payout ratio is 39.31%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays dropped their price target on Constellation Brands from $139.00 to $132.00 and set an "equal weight" rating for the company in a research note on Tuesday, July 21st. Citigroup reiterated a "buy" rating on shares of Constellation Brands in a report on Monday, May 18th. UBS Group cut their price target on shares of Constellation Brands from $186.00 to $175.00 and set a "buy" rating on the stock in a report on Wednesday, June 17th. JPMorgan Chase & Co. reduced their target price on Constellation Brands from $169.00 to $165.00 and set a "neutral" rating on the stock in a research note on Thursday, July 2nd. Finally, Roth Capital reaffirmed a "buy" rating and set a $209.00 price target on shares of Constellation Brands in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $170.00.

Trending Headlines about Constellation Brands

Here are the key news stories impacting Constellation Brands this week:

• Positive Sentiment: Constellation Brands plans to redeem all $600 million of its outstanding 4.350% senior notes due 2027 on September 18, 2026. The move could reduce future interest expense and indicates management is actively optimizing its debt structure, although the cash outlay may limit the immediate financial benefit. Constellation Brands Announces Delivery of Notice of Redemption for 4.350% Senior Notes Due 2027
• Neutral Sentiment: Analysts remain cautiously optimistic, with a reported median price target of $172 versus the stock’s recent level near its 12-month low. However, the wide range of targets reflects uncertainty over the pace of recovery, and STZ has significantly underperformed the broader consumer defensive sector over the past year. Constellation Brands Stock: Is STZ Underperforming the Consumer Defensive Sector?
• Negative Sentiment: Management’s conference commentary renewed concerns about demand. August off-premise trends were described as lackluster after a stronger summer, while elevated fuel costs may be pressuring household spending and premium-beer consumption. Management also warned that second-half gross margins could be compressed by logistics inflation, commodity costs, seasonal factors, and increased marketing spending. These comments reinforce limited near-term visibility around beer sales, which are guided to range from a 1% decline to 1% growth. Constellation Brands Warns Logistics and Commodity Costs Will Compress H2 Margins

Constellation Brands Company Profile

Constellation Brands, Inc NYSE: STZ is a beverage alcohol company that produces, markets and distributes beer, wine and spirits. Its portfolio includes well-known beer brands such as Corona Extra, Modelo Especial, Modelo Negra, Pacifico and Victoria, along with wine brands including Robert Mondavi, The Prisoner, Kim Crawford and Meiomi. Its spirits portfolio includes brands such as Casa Noble tequila and High West whiskey.

The company's beer business is focused primarily on the United States, where Constellation markets and sells Mexican beer brands brewed by its production operations in Mexico.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.