Bank of America Cuts Constellation Brands (NYSE:STZ) Price Target to $145.00

Constellation Brands (NYSE:STZ) had its target price dropped by stock analysts at Bank of America from $152.00 to $145.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “underperform” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 4.97% from the stock’s previous close.

STZ has been the topic of several other reports. Piper Sandler restated a “neutral” rating and set a $160.00 price target on shares of Constellation Brands in a research note on Wednesday. Citigroup reiterated a “buy” rating on shares of Constellation Brands in a research report on Monday, May 18th. Weiss Ratings reissued a “hold (c-)” rating on shares of Constellation Brands in a report on Monday, May 4th. JPMorgan Chase & Co. lowered their price objective on Constellation Brands from $169.00 to $165.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, BMO Capital Markets set a $174.00 target price on Constellation Brands in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $167.05.

Constellation Brands Stock Performance

NYSE STZ traded up $1.26 during midday trading on Thursday, hitting $138.14. The company had a trading volume of 543,255 shares, compared to its average volume of 2,299,110. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 1.16. The stock has a market cap of $23.79 billion, a price-to-earnings ratio of 13.18, a P/E/G ratio of 4.10 and a beta of 0.39. The firm has a fifty day simple moving average of $145.47 and a two-hundred day simple moving average of $150.16. Constellation Brands has a fifty-two week low of $126.45 and a fifty-two week high of $178.13.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing analysts’ consensus estimates of $3.69 by ($0.26). The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.39 billion. Constellation Brands had a net margin of 18.87% and a return on equity of 25.97%. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the company posted $3.22 EPS. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Equities analysts forecast that Constellation Brands will post 11.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP James O. Bourdeau sold 4,407 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total value of $631,258.68. Following the sale, the executive vice president owned 9,109 shares of the company’s stock, valued at $1,304,773.16. The trade was a 32.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 12.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of STZ. Nordea Investment Management AB boosted its holdings in shares of Constellation Brands by 6.1% in the 4th quarter. Nordea Investment Management AB now owns 867,776 shares of the company’s stock worth $120,300,000 after acquiring an additional 49,625 shares in the last quarter. Hudson Edge Investment Partners Inc. increased its holdings in Constellation Brands by 36.1% during the 4th quarter. Hudson Edge Investment Partners Inc. now owns 48,062 shares of the company’s stock valued at $6,631,000 after purchasing an additional 12,746 shares in the last quarter. Swiss Life Asset Management Ltd raised its position in Constellation Brands by 99.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock valued at $5,310,000 after purchasing an additional 19,161 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Constellation Brands by 3.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,854,686 shares of the company’s stock valued at $249,819,000 after purchasing an additional 57,434 shares during the last quarter. Finally, AIA Group Ltd acquired a new position in Constellation Brands in the third quarter worth $925,000. 77.34% of the stock is currently owned by institutional investors and hedge funds.

Key Constellation Brands News

Here are the key news stories impacting Constellation Brands this week:

• Positive Sentiment: Constellation Brands posted stronger-than-expected Q1 results, with earnings and revenue topping estimates on solid beer demand and pricing power. Constellation Brands (STZ) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The company raised its EPS outlook for fiscal 2027, signaling management confidence despite a softer consumer backdrop. Constellation Brands Reports Better-Than-Expected Q1: Details
• Positive Sentiment: Needham and RBC reaffirmed bullish views, both keeping a $185 price target, suggesting analysts still see meaningful upside from current levels. Analyst rating updates
• Neutral Sentiment: Several firms trimmed price targets but largely maintained neutral or hold ratings, reflecting a more cautious stance rather than a strong bearish turn. Analyst rating updates
• Negative Sentiment: Management noted softer volume trends and pressure from higher gas prices and inflation, which could weigh on near-term beverage demand. Constellation Brands beats quarterly profit estimates on beer demand
• Negative Sentiment: Deutsche Bank, Barclays and Morgan Stanley all lowered price targets after the quarter, highlighting concerns about sales growth and the durability of recent momentum. Analyst rating updates

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.