Richard Bernstein Advisors LLC Reduces Position in Constellation Brands Inc $STZ

Key Points

• Richard Bernstein Advisors LLC cut its stake in Constellation Brands by 55.1% in Q3, selling 15,078 shares and retaining 12,264 shares valued at $1.652 million, according to its 13F filing.
• Constellation beat quarterly EPS estimates ($3.06 vs. $2.63) with revenue of $2.22B (down 9.8% YoY) and set FY2026 guidance of 11.300–11.600 EPS while sell‑side analysts forecast about 13.5 EPS for the year.
• Shares trade near $148.88 with a market cap of $25.82B and a PE of 23.48; the company pays a quarterly dividend of $1.02 (annual $4.08, yield ~2.7%, payout ratio ~64%), and the consensus analyst rating is Hold with a $176.91 price target.

Richard Bernstein Advisors LLC cut its holdings in Constellation Brands Inc (NYSE:STZ - Free Report) by 55.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,264 shares of the company's stock after selling 15,078 shares during the period. Richard Bernstein Advisors LLC's holdings in Constellation Brands were worth $1,652,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in STZ. Root Financial Partners LLC purchased a new stake in Constellation Brands during the third quarter worth approximately $26,000. Salomon & Ludwin LLC acquired a new position in shares of Constellation Brands in the 3rd quarter valued at $30,000. Abound Wealth Management grew its position in shares of Constellation Brands by 341.8% in the 3rd quarter. Abound Wealth Management now owns 243 shares of the company's stock valued at $33,000 after buying an additional 188 shares during the last quarter. CVA Family Office LLC raised its stake in Constellation Brands by 713.2% during the 3rd quarter. CVA Family Office LLC now owns 309 shares of the company's stock worth $42,000 after acquiring an additional 271 shares in the last quarter. Finally, Accredited Wealth Management LLC boosted its stake in Constellation Brands by 572.3% in the third quarter. Accredited Wealth Management LLC now owns 316 shares of the company's stock valued at $43,000 after acquiring an additional 269 shares in the last quarter. 77.34% of the stock is owned by institutional investors and hedge funds.

Constellation Brands Trading Up 1.6%

Shares of STZ stock opened at $148.88 on Tuesday. Constellation Brands Inc has a 1-year low of $126.45 and a 1-year high of $196.91. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. The business's fifty day moving average price is $154.64 and its 200 day moving average price is $144.76. The firm has a market capitalization of $25.82 billion, a PE ratio of 23.48, a P/E/G ratio of 0.41 and a beta of 0.44.

Constellation Brands (NYSE:STZ - Get Free Report) last issued its earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same period in the previous year, the firm earned $3.25 EPS. The business'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. As a group, sell-side analysts forecast that Constellation Brands Inc will post 13.5 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were issued a $1.02 dividend. The ex-dividend date was Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. Constellation Brands's dividend payout ratio is currently 64.35%.

Analysts Set New Price Targets

Several analysts have recently weighed in on STZ shares. Barclays boosted their target price on Constellation Brands from $147.00 to $148.00 and gave the company an "equal weight" rating in a report on Monday, January 12th. Needham & Company LLC reissued a "buy" rating and issued a $180.00 price objective on shares of Constellation Brands in a report on Tuesday, January 6th. UBS Group set a $168.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Citigroup increased their price target on shares of Constellation Brands from $148.00 to $155.00 and gave the stock a "neutral" rating in a research note on Friday, January 9th. Finally, Piper Sandler reduced their target price on shares of Constellation Brands from $155.00 to $135.00 and set a "neutral" rating for the company in a report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $176.91.

Constellation Brands 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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