Constellation Brands Inc $STZ Shares Sold by Stock Yards Bank & Trust Co.

Stock Yards Bank & Trust Co. lessened its stake in shares of Constellation Brands Inc (NYSE:STZ) by 17.7% during the fourth quarter, HoldingsChannel reports. The firm owned 72,193 shares of the company’s stock after selling 15,533 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Constellation Brands were worth $9,960,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Constellation Brands by 3.3% during the third quarter. Vanguard Group Inc. now owns 18,202,611 shares of the company’s stock worth $2,451,346,000 after acquiring an additional 573,766 shares during the last quarter. Berkshire Hathaway Inc increased its position in shares of Constellation Brands by 11.6% during the second quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock worth $2,179,912,000 after acquiring an additional 1,391,000 shares during the last quarter. Capital International Investors increased its position in shares of Constellation Brands by 0.7% during the third quarter. Capital International Investors now owns 4,337,054 shares of the company’s stock worth $584,135,000 after acquiring an additional 28,036 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Constellation Brands by 1.0% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,710,940 shares of the company’s stock worth $499,752,000 after acquiring an additional 35,085 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Constellation Brands by 76.7% during the third quarter. Ameriprise Financial Inc. now owns 3,126,644 shares of the company’s stock worth $421,059,000 after acquiring an additional 1,356,903 shares during the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

STZ has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 target price on shares of Constellation Brands in a research report on Thursday, April 2nd. Barclays lifted their target price on Constellation Brands from $148.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 2nd. BMO Capital Markets restated an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a research note on Friday, January 9th. Wells Fargo & Company set a $165.00 price target on shares of Constellation Brands in a research report on Thursday, January 8th. Finally, UBS Group lifted their price target on Constellation Brands from $168.00 to $176.00 and gave the stock a “buy” rating in a research note on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.50.

Constellation Brands Stock Performance

Shares of STZ opened at $155.24 on Tuesday. The business’s fifty day moving average price is $154.68 and its 200 day moving average price is $145.07. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month high of $196.91. The stock has a market capitalization of $26.92 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 0.42 and a beta of 0.44. 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 (NYSE:STZ) last announced its quarterly earnings data on Wednesday, January 7th. The company reported $3.06 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same period last year, the business posted $3.25 earnings per share. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Equities research analysts forecast that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

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