Sen. Tommy Tuberville Sells Off Shares of Constellation Brands, Inc. (NYSE:STZ)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Constellation Brands, Inc. NYSE: STZ. In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in Constellation Brands stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Duke Energy NYSE: DUK on 4/15/2025.
• Sold $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/15/2025.
• Sold $1,001 - $15,000 in shares of Bristol-Myers Squibb NYSE: BMY on 4/15/2025.
• Sold $15,001 - $50,000 in shares of PayPal NASDAQ: PYPL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 4/15/2025.
• Sold $15,001 - $50,000 in shares of The Goldman Sachs Group NYSE: GS on 4/15/2025.
• Purchased $50,001 - $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF NASDAQ: USIG on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Mastercard NYSE: MA on 4/15/2025.
• Sold $15,001 - $50,000 in shares of Amgen NASDAQ: AMGN on 4/15/2025.

Constellation Brands Trading Up 2.0%

Shares of STZ opened at $190.50 on Friday. The company has a market capitalization of $33.91 billion, a P/E ratio of 51.21, a P/E/G ratio of 1.52 and a beta of 1.75. Constellation Brands, Inc. has a one year low of $160.46 and a one year high of $265.70. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.46 and a current ratio of 1.10. The stock has a 50-day moving average price of $183.90 and a 200 day moving average price of $199.73.

Constellation Brands (NYSE:STZ - Get Free Report) last released its earnings results on Wednesday, April 9th. The company reported $2.63 EPS for the quarter, topping analysts' consensus estimates of $2.28 by $0.35. Constellation Brands had a return on equity of 26.55% and a net margin of 6.27%. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same quarter last year, the business posted $2.26 EPS. Constellation Brands's quarterly revenue was up 1.2% compared to the same quarter last year. Sell-side analysts forecast that Constellation Brands, Inc. will post 13.5 EPS for the current fiscal year.

Constellation Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Tuesday, April 29th were issued a $1.02 dividend. The ex-dividend date of this dividend was Tuesday, April 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.14%. This is an increase from Constellation Brands's previous quarterly dividend of $1.01. Constellation Brands's dividend payout ratio is currently -800.00%.

Institutional Trading of Constellation Brands

Several large investors have recently added to or reduced their stakes in STZ. Mainstream Capital Management LLC acquired a new stake in Constellation Brands in the 4th quarter valued at approximately $25,000. SBI Securities Co. Ltd. acquired a new position in shares of Constellation Brands during the 4th quarter valued at $26,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Constellation Brands during the 4th quarter valued at $27,000. Union Bancaire Privee UBP SA acquired a new position in shares of Constellation Brands during the 4th quarter valued at $28,000. Finally, Minot DeBlois Advisors LLC acquired a new position in shares of Constellation Brands during the 4th quarter valued at $29,000. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

STZ has been the topic of a number of research analyst reports. Piper Sandler downgraded Constellation Brands from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $245.00 to $200.00 in a report on Monday, February 3rd. BMO Capital Markets reduced their target price on Constellation Brands from $260.00 to $215.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Citigroup dropped their price target on Constellation Brands from $200.00 to $190.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Truist Financial upgraded Constellation Brands from a "hold" rating to a "buy" rating and set a $215.00 price target on the stock in a research report on Wednesday, May 7th. Finally, Barclays increased their price target on Constellation Brands from $203.00 to $207.00 and gave the stock an "overweight" rating in a research report on Monday, April 14th. Ten investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, Constellation Brands has an average rating of "Moderate Buy" and an average target price of $225.74.

Insider Activity

In other news, EVP Samuel J. Glaetzer sold 3,150 shares of Constellation Brands stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $188.54, for a total transaction of $593,901.00. Following the transaction, the executive vice president now directly owns 3,126 shares in the company, valued at approximately $589,376.04. This trade represents a 50.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 12.19% of the stock is owned by insiders.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville's career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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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