Robertson Stephens Wealth Management LLC Buys New Stake in Constellation Brands Inc $STZ

Key Points

• Robertson Stephens purchased a new Q4 stake of 15,217 shares in Constellation Brands (≈$2.10M), while other institutions also added positions — Nordea now holds 867,776 shares and institutional investors own about 77.34% of the company.
• Constellation beat expectations with quarterly EPS of $1.90 vs. $1.71 expected and revenue of $1.92B vs. $1.84B expected, though revenue was down 11.3% year‑over‑year.
• The company raised its quarterly dividend to $1.03 (annualized $4.12, ~2.7% yield), and analysts maintain a consensus "Moderate Buy" rating with an average target price of $178.14.

Robertson Stephens Wealth Management LLC bought a new stake in Constellation Brands Inc (NYSE:STZ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,217 shares of the company's stock, valued at approximately $2,099,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its holdings in Constellation Brands by 329.8% in 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 during the period. Bayforest Capital Ltd boosted its position in shares of Constellation Brands by 5,810.2% during the 3rd quarter. Bayforest Capital Ltd now owns 6,974 shares of the company's stock worth $939,000 after purchasing an additional 6,856 shares in the last quarter. Hudson Edge Investment Partners Inc. boosted its position in shares of Constellation Brands by 22.7% during the 3rd quarter. Hudson Edge Investment Partners Inc. now owns 35,316 shares of the company's stock worth $4,756,000 after purchasing an additional 6,542 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Constellation Brands by 6.1% during the 4th quarter. Nordea Investment Management AB now owns 867,776 shares of the company's stock worth $120,300,000 after purchasing an additional 49,625 shares in the last quarter. Finally, Arlington Partners LLC boosted its position in shares of Constellation Brands by 146.9% during the 3rd quarter. Arlington Partners LLC now owns 35,407 shares of the company's stock worth $4,768,000 after purchasing an additional 21,067 shares in the last quarter. Institutional investors own 77.34% of the company's stock.

Analysts Set New Price Targets

STZ has been the topic of several recent research reports. Roth Mkm reaffirmed a "buy" rating on shares of Constellation Brands in a research report on Thursday, April 9th. BMO Capital Markets reiterated an "outperform" rating and issued a $190.00 price objective on shares of Constellation Brands in a research note on Friday, January 9th. Citigroup reiterated a "buy" rating on shares of Constellation Brands in a research note on Friday, April 10th. Evercore set a $175.00 price target on shares of Constellation Brands and gave the stock an "outperform" rating in a research note on Friday, April 10th. Finally, Morgan Stanley raised their price target on shares of Constellation Brands from $160.00 to $183.00 and gave the stock an "equal weight" rating in a research note on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $178.14.

Constellation Brands Stock Down 2.4%

STZ opened at $152.88 on Friday. The company has a fifty day moving average price of $154.67 and a 200-day moving average price of $147.71. The firm has a market capitalization of $26.33 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 3.35 and a beta of 0.43. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 0.55. Constellation Brands Inc has a one year low of $126.45 and a one year high of $196.91.

Constellation Brands (NYSE:STZ - Get Free Report) last released its quarterly earnings results on Wednesday, April 8th. The company reported $1.90 EPS for the quarter, beating analysts' consensus estimates of $1.71 by $0.19. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.84 billion. Constellation Brands had a net margin of 17.29% and a return on equity of 26.18%. The business's revenue for the quarter was down 11.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.63 EPS. Equities research analysts expect that Constellation Brands Inc will post 11.9 earnings per share for the current fiscal year.

Constellation Brands Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Wednesday, April 29th will be paid a $1.03 dividend. This is an increase from Constellation Brands's previous quarterly dividend of $1.02. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, April 29th. Constellation Brands's payout ratio is 42.96%.

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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