Constellation Brands Inc $STZ Shares Sold by Public Sector Pension Investment Board

Public Sector Pension Investment Board cut its holdings in Constellation Brands Inc (NYSE:STZ) by 67.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,413 shares of the company’s stock after selling 23,143 shares during the quarter. Public Sector Pension Investment Board’s holdings in Constellation Brands were worth $1,537,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wedbush Securities Inc. raised its position in shares of Constellation Brands by 205.5% in the 3rd quarter. Wedbush Securities Inc. now owns 7,731 shares of the company’s stock valued at $1,041,000 after purchasing an additional 5,200 shares during the last quarter. LSV Asset Management acquired a new position in Constellation Brands during the 3rd quarter valued at approximately $33,018,000. GK Wealth Management LLC purchased a new position in shares of Constellation Brands in the third quarter worth $229,000. Caprock Group LLC acquired a new stake in shares of Constellation Brands during the third quarter worth $1,451,000. Finally, Rhumbline Advisers lifted its stake in shares of Constellation Brands by 0.4% during the third quarter. Rhumbline Advisers now owns 299,624 shares of the company’s stock worth $40,350,000 after buying an additional 1,301 shares during the period. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Stock Up 1.9%

Shares of STZ stock opened at $159.44 on Tuesday. The stock has a 50 day moving average of $151.77 and a 200 day moving average of $145.79. 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 $27.65 billion, a P/E ratio of 25.15, a P/E/G ratio of 0.46 and a beta of 0.44. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91.

Constellation Brands (NYSE:STZ) last released its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The business’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, sell-side analysts expect that Constellation Brands Inc will post 13.5 EPS for the current 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 given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.6%. The ex-dividend date was Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is currently 64.35%.

Wall Street Analyst Weigh In

STZ has been the topic of several research reports. Needham & Company LLC reissued a “buy” rating and issued a $180.00 target price on shares of Constellation Brands in a research report on Tuesday, January 6th. Wells Fargo & Company set a $165.00 price objective on Constellation Brands in a report on Thursday, January 8th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Sanford C. Bernstein increased their price target on shares of Constellation Brands from $195.00 to $197.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $176.91.

Constellation Brands Company 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.