Janus Henderson Group PLC Buys 31,749 Shares of Constellation Brands Inc $STZ

Janus Henderson Group PLC boosted its stake in shares of Constellation Brands Inc (NYSE:STZ) by 5.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 585,891 shares of the company’s stock after purchasing an additional 31,749 shares during the period. Janus Henderson Group PLC’s holdings in Constellation Brands were worth $87,884,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in STZ. Choreo LLC boosted its holdings in shares of Constellation Brands by 2.1% in the 4th quarter. Choreo LLC now owns 3,116 shares of the company’s stock valued at $437,000 after buying an additional 63 shares during the last quarter. HM Payson & Co. lifted its stake in Constellation Brands by 10.0% in the fourth quarter. HM Payson & Co. now owns 701 shares of the company’s stock valued at $97,000 after acquiring an additional 64 shares during the last quarter. Clearstead Trust LLC increased its stake in shares of Constellation Brands by 14.2% during the 4th quarter. Clearstead Trust LLC now owns 548 shares of the company’s stock worth $76,000 after purchasing an additional 68 shares during the last quarter. Johnson Financial Group Inc. increased its stake in shares of Constellation Brands by 24.9% during the 4th quarter. Johnson Financial Group Inc. now owns 346 shares of the company’s stock worth $48,000 after purchasing an additional 69 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of Constellation Brands by 0.7% in the 1st quarter. HB Wealth Management LLC now owns 10,795 shares of the company’s stock valued at $1,619,000 after purchasing an additional 72 shares during the period. Institutional investors and hedge funds own 77.34% of the company’s stock.

Insiders Place Their Bets

In other Constellation Brands news, EVP James O. Bourdeau sold 4,407 shares of Constellation Brands stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total value of $631,258.68. Following the transaction, the executive vice president owned 9,109 shares in the company, valued at $1,304,773.16. The trade was a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 12.20% of the stock is owned by company insiders.

Constellation Brands Stock Down 0.1%

NYSE STZ opened at $130.30 on Friday. The company has a 50 day moving average of $137.64 and a 200-day moving average of $148.75. The company has a market cap of $22.25 billion, a price-to-earnings ratio of 12.43, a PEG ratio of 4.06 and a beta of 1.75. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. Constellation Brands Inc has a 1-year low of $126.45 and a 1-year high of $174.32.

Constellation Brands (NYSE:STZ) last released its earnings results on Tuesday, June 30th. The company reported $3.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.70 by ($0.27). The company had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.39 billion. Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period last year, the company posted $3.22 earnings per share. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. On average, equities research analysts expect that Constellation Brands Inc will post 11.84 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, July 30th. Constellation Brands’s dividend payout ratio (DPR) is currently 39.31%.

Wall Street Analyst Weigh In

STZ has been the subject of a number of research analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of Constellation Brands in a report on Wednesday, July 1st. Piper Sandler reaffirmed a “neutral” rating and issued a $160.00 price objective on shares of Constellation Brands in a research report on Wednesday, July 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Constellation Brands in a research note on Monday, May 4th. Royal Bank Of Canada reissued an “outperform” rating and set a $185.00 target price on shares of Constellation Brands in a report on Thursday, July 2nd. Finally, UBS Group dropped their price target on Constellation Brands from $186.00 to $175.00 and set a “buy” rating on the stock in a research note on Wednesday, June 17th. Eleven analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $167.53.

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.