Capital Research Global Investors Sells 101,656 Shares of Constellation Brands Inc $STZ

Capital Research Global Investors cut its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 17.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 496,340 shares of the company’s stock after selling 101,656 shares during the quarter. Capital Research Global Investors’ holdings in Constellation Brands were worth $66,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of STZ. Capital International Inc. CA boosted its holdings in Constellation Brands by 2.4% in the third quarter. Capital International Inc. CA now owns 125,261 shares of the company’s stock worth $16,869,000 after purchasing an additional 2,897 shares during the last quarter. Capital International Investors raised its stake in Constellation Brands by 0.7% during the 3rd quarter. Capital International Investors now owns 4,337,054 shares of the company’s stock valued at $584,135,000 after buying an additional 28,036 shares during the last quarter. Legal & General Group Plc raised its stake in Constellation Brands by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 776,179 shares of the company’s stock valued at $104,528,000 after buying an additional 11,393 shares during the last quarter. Schroder Investment Management Group lifted its holdings in shares of Constellation Brands by 84.5% during the 3rd quarter. Schroder Investment Management Group now owns 10,146 shares of the company’s stock valued at $1,366,000 after buying an additional 4,648 shares during the period. Finally, Diversify Advisory Services LLC lifted its holdings in shares of Constellation Brands by 29.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 2,099 shares of the company’s stock valued at $275,000 after buying an additional 480 shares during the period. 77.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $160.00 price objective on shares of Constellation Brands in a report on Monday, December 15th. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Wells Fargo & Company set a $165.00 target price on Constellation Brands in a research report on Thursday, January 8th. Piper Sandler cut their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, November 21st. Finally, Citigroup upped their price target on shares of Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. One 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 stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $176.91.

Constellation Brands Price Performance

Shares of Constellation Brands stock opened at $149.92 on Thursday. Constellation Brands Inc has a one year low of $126.45 and a one year high of $196.91. The stock’s fifty day moving average is $155.08 and its 200 day moving average is $144.68. The stock has a market cap of $26.00 billion, a P/E ratio of 23.65, a P/E/G ratio of 0.42 and a beta of 0.44. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34.

Constellation Brands (NYSE:STZ) last released its earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.43. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the previous year, the business earned $3.25 earnings per share. Constellation Brands’s quarterly revenue was down 9.8% compared to the same quarter last year. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Sell-side analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current year.

Constellation Brands Announces Dividend

The business 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. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands’s payout ratio is presently 64.35%.

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.