California State Teachers Retirement System Grows Stock Holdings in Constellation Brands Inc $STZ

California State Teachers Retirement System increased its position in Constellation Brands Inc (NYSE:STZ) by 14,134.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 34,381,935 shares of the company’s stock after buying an additional 34,140,390 shares during the quarter. California State Teachers Retirement System owned approximately 0.20% of Constellation Brands worth $4,782,183,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Capital International Investors raised its holdings in Constellation Brands by 48.5% during the fourth quarter. Capital International Investors now owns 6,442,600 shares of the company’s stock valued at $888,930,000 after acquiring an additional 2,105,546 shares during the period. Norges Bank bought a new position in shares of Constellation Brands in the fourth quarter worth about $267,798,000. Ameriprise Financial Inc. boosted its stake in shares of Constellation Brands by 650.6% in the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock worth $287,889,000 after acquiring an additional 1,533,961 shares during the period. Wellington Management Group LLP grew its position in shares of Constellation Brands by 14.0% during the fourth quarter. Wellington Management Group LLP now owns 6,018,653 shares of the company’s stock worth $830,333,000 after purchasing an additional 739,393 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of Constellation Brands during the second quarter worth about $83,687,000. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Key Headlines Impacting Constellation Brands

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

• Positive Sentiment: Constellation Brands plans to redeem all $600 million of its outstanding 4.350% senior notes due 2027 on September 18, 2026. The move could reduce future interest expense and indicates management is actively optimizing its debt structure, although the cash outlay may limit the immediate financial benefit. Constellation Brands Announces Delivery of Notice of Redemption for 4.350% Senior Notes Due 2027
• Neutral Sentiment: Analysts remain cautiously optimistic, with a reported median price target of $172 versus the stock’s recent level near its 12-month low. However, the wide range of targets reflects uncertainty over the pace of recovery, and STZ has significantly underperformed the broader consumer defensive sector over the past year. Constellation Brands Stock: Is STZ Underperforming the Consumer Defensive Sector?
• Negative Sentiment: Management’s conference commentary renewed concerns about demand. August off-premise trends were described as lackluster after a stronger summer, while elevated fuel costs may be pressuring household spending and premium-beer consumption. Management also warned that second-half gross margins could be compressed by logistics inflation, commodity costs, seasonal factors, and increased marketing spending. These comments reinforce limited near-term visibility around beer sales, which are guided to range from a 1% decline to 1% growth. Constellation Brands Warns Logistics and Commodity Costs Will Compress H2 Margins

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Constellation Brands from $155.00 to $150.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. Piper Sandler reaffirmed a “neutral” rating and set a $160.00 price objective on shares of Constellation Brands in a report on Wednesday, July 1st. Needham & Company LLC reiterated a “buy” rating and set a $185.00 price objective on shares of Constellation Brands in a research report on Thursday, July 2nd. Jefferies Financial Group set a $147.00 target price on shares of Constellation Brands in a report on Thursday, July 2nd. Finally, Freedom Capital downgraded shares of Constellation Brands from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Eleven research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $170.00.

Constellation Brands Trading Up 0.4%

Shares of STZ stock opened at $121.50 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $20.75 billion, a price-to-earnings ratio of 11.59, a price-to-earnings-growth ratio of 2.28 and a beta of 0.41. Constellation Brands Inc has a 12-month low of $120.25 and a 12-month high of $168.60. The stock’s 50-day moving average price is $131.98 and its 200-day moving average price is $143.37.

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

Constellation Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Thursday, July 30th. Constellation Brands’s dividend payout ratio is 39.31%.

About Constellation Brands

Constellation Brands, Inc (NYSE: STZ) is a beverage alcohol company that produces, markets and distributes beer, wine and spirits. Its portfolio includes well-known beer brands such as Corona Extra, Modelo Especial, Modelo Negra, Pacifico and Victoria, along with wine brands including Robert Mondavi, The Prisoner, Kim Crawford and Meiomi. Its spirits portfolio includes brands such as Casa Noble tequila and High West whiskey.

The company’s beer business is focused primarily on the United States, where Constellation markets and sells Mexican beer brands brewed by its production operations in Mexico.