Intech Investment Management LLC Sells 9,660 Shares of Constellation Brands Inc $STZ

Intech Investment Management LLC lessened its holdings in Constellation Brands Inc (NYSE:STZ) by 33.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,580 shares of the company’s stock after selling 9,660 shares during the period. Intech Investment Management LLC’s holdings in Constellation Brands were worth $2,637,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in STZ. Root Financial Partners LLC purchased a new position in shares of Constellation Brands during the 3rd quarter worth $26,000. Salomon & Ludwin LLC purchased a new stake in shares of Constellation Brands in the 3rd quarter worth $30,000. Abound Wealth Management raised its holdings in Constellation Brands by 341.8% in the 3rd quarter. Abound Wealth Management now owns 243 shares of the company’s stock worth $33,000 after purchasing an additional 188 shares during the period. CVA Family Office LLC lifted its position in Constellation Brands by 713.2% during the third quarter. CVA Family Office LLC now owns 309 shares of the company’s stock valued at $42,000 after purchasing an additional 271 shares in the last quarter. Finally, Sentry Investment Management LLC purchased a new position in Constellation Brands during the third quarter valued at $46,000. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Analyst Ratings Changes

STZ has been the subject of a number of analyst reports. Piper Sandler reduced their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a research report on Friday, November 21st. Needham & Company LLC reissued a “buy” rating and issued a $180.00 target price on shares of Constellation Brands in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $160.00 target price on shares of Constellation Brands in a research note on Monday, December 15th. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price target on shares of Constellation Brands 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 note on Thursday, February 5th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Trading Down 0.8%

Shares of STZ opened at $156.54 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $196.91. The company has a 50 day simple moving average of $153.57 and a two-hundred day simple moving average of $145.33. The firm has a market cap of $27.15 billion, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 0.47 and a beta of 0.44.

Constellation Brands (NYSE:STZ) last released 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. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The company’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, equities analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were given a dividend of $1.02 per share. The ex-dividend date was Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.6%. Constellation Brands’s dividend payout ratio (DPR) is presently 64.35%.

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.