Lakewood Capital Management LP Boosts Holdings in Constellation Brands Inc $STZ

Key Points

• Lakewood Capital Management boosted its stake in Constellation Brands (NYSE:STZ) by 96.4% in Q3 to 27,500 shares, worth $3.703 million at quarter-end, and other institutions also increased exposure so that 77.34% of the stock is institutionally owned.
• Constellation beat quarterly expectations with EPS $3.06 vs. $2.63 est. and revenue of $2.22B vs. $2.17B, though revenue was down 9.8% YoY; the company set FY2026 guidance of $11.30–$11.60 EPS.
• Analysts' consensus is a "Hold" with an average price target of $176.91; STZ traded at $150.22 (12‑month range $126.45–$196.91) and pays a $1.02 quarterly dividend (≈2.7% yield).

Lakewood Capital Management LP boosted its holdings in shares of Constellation Brands Inc (NYSE:STZ - Free Report) by 96.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,500 shares of the company's stock after buying an additional 13,500 shares during the quarter. Lakewood Capital Management LP's holdings in Constellation Brands were worth $3,703,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in STZ. Oppenheimer Asset Management Inc. lifted its position in Constellation Brands by 329.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 73,323 shares of the company's stock valued at $9,874,000 after purchasing an additional 56,263 shares in the last quarter. Matrix Asset Advisors Inc. NY purchased a new stake in Constellation Brands in the third quarter worth about $5,236,000. Bayforest Capital Ltd raised its stake in shares of Constellation Brands by 5,810.2% in the third quarter. Bayforest Capital Ltd now owns 6,974 shares of the company's stock worth $939,000 after buying an additional 6,856 shares during the period. Inceptionr LLC lifted its position in shares of Constellation Brands by 125.2% during the 2nd quarter. Inceptionr LLC now owns 10,718 shares of the company's stock valued at $1,744,000 after buying an additional 5,958 shares in the last quarter. Finally, 1832 Asset Management L.P. purchased a new position in shares of Constellation Brands during the 2nd quarter valued at about $2,057,000. 77.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on STZ shares. BMO Capital Markets reissued an "outperform" rating and issued a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. UBS Group set a $168.00 price target on shares of Constellation Brands in a report on Friday, January 9th. Weiss Ratings upgraded shares of Constellation Brands from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, February 5th. Barclays increased their price objective on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an "equal weight" rating in a research note on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $160.00 target price on shares of Constellation Brands in a research note on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $176.91.

Constellation Brands Stock Up 1.3%

NYSE STZ opened at $150.22 on Friday. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. The stock has a market cap of $26.05 billion, a PE ratio of 23.69, a P/E/G ratio of 0.41 and a beta of 0.44. The stock's 50 day moving average is $155.47 and its 200 day moving average is $144.61.

Constellation Brands (NYSE:STZ - Get Free Report) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.63 by $0.43. The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company's revenue was down 9.8% on a year-over-year basis. During the same period last year, the firm posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Research analysts predict that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands's dividend payout ratio (DPR) is presently 64.35%.

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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