Constellation Brands Inc $STZ Shares Acquired by Portside Wealth Group LLC

Portside Wealth Group LLC increased its position in shares of Constellation Brands Inc (NYSE:STZ) by 455.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,971 shares of the company’s stock after purchasing an additional 7,357 shares during the quarter. Portside Wealth Group LLC’s holdings in Constellation Brands were worth $1,208,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Constellation Brands by 23.0% in the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after buying an additional 187 shares during the last quarter. Woodline Partners LP bought a new position in Constellation Brands in the first quarter worth about $2,409,000. Wealthcare Advisory Partners LLC boosted its stake in Constellation Brands by 6.0% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,993 shares of the company’s stock valued at $324,000 after acquiring an additional 112 shares during the period. Vontobel Holding Ltd. boosted its stake in Constellation Brands by 33.0% in the second quarter. Vontobel Holding Ltd. now owns 6,648 shares of the company’s stock valued at $1,081,000 after acquiring an additional 1,650 shares during the period. Finally, Tectonic Advisors LLC grew its holdings in shares of Constellation Brands by 27.4% during the second quarter. Tectonic Advisors LLC now owns 5,632 shares of the company’s stock valued at $916,000 after purchasing an additional 1,210 shares during the last quarter. Institutional investors own 77.34% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on STZ shares. Sanford C. Bernstein raised their price target on Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Piper Sandler cut their target price on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. BMO Capital Markets reissued an “outperform” rating and set a $190.00 price target on shares of Constellation Brands in a report on Friday, January 9th. JPMorgan Chase & Co. assumed coverage on shares of Constellation Brands in a report on Friday, November 7th. They issued a “neutral” rating and a $153.00 price objective on the stock. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Constellation Brands in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Constellation Brands has a consensus rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Performance

STZ stock opened at $165.52 on Friday. The company has a 50-day simple moving average of $147.92 and a 200 day simple moving average of $147.31. The company has a market capitalization of $28.70 billion, a P/E ratio of 26.11, a PEG ratio of 0.50 and a beta of 0.44. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91.

Constellation Brands (NYSE:STZ) last released its earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.63 by $0.43. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. Constellation Brands’s quarterly revenue was down 9.8% on a year-over-year basis. During the same quarter last year, the company earned $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Sell-side analysts predict that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.5%. Constellation Brands’s payout ratio 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.