Constellation Brands (NYSE:STZ) Stock Gets Price Target Trim from Needham & Company LLC

Constellation Brands (NYSE:STZ) had its price target lowered by Needham & Company LLC from $185.00 to $150.00 in a report published on Thursday, MarketBeat reports. The firm currently has a buy rating on the stock.

Several other equities research analysts have also commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $185.00 price target on shares of Constellation Brands in a report on Friday, October 2nd. Roth Capital reiterated a “buy” rating and set a $209.00 price objective on shares of Constellation Brands in a research note on Thursday, July 2nd. TD Cowen decreased their price objective on Constellation Brands from $174.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, September 17th. Sanford C. Bernstein decreased their price objective on Constellation Brands from $197.00 to $180.00 and set an “outperform” rating for the company in a report on Monday, September 28th. Finally, Citigroup restated a “negative” rating on shares of Constellation Brands in a research note on Wednesday. Twelve research analysts have rated the stock with a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, Constellation Brands presently has a consensus rating of “Hold” and a consensus price target of $153.09.

Constellation Brands Stock Performance

STZ opened at $122.42 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.48 and a debt-to-equity ratio of 1.02. Constellation Brands has a 12-month low of $110.60 and a 12-month high of $168.60. The firm has a 50 day moving average of $125.74 and a two-hundred day moving average of $138.11. The firm has a market capitalization of $20.91 billion, a PE ratio of 10.98, a P/E/G ratio of 2.43 and a beta of 0.44.

Constellation Brands (NYSE:STZ) last released its quarterly earnings data on Tuesday, October 6th. The company reported $3.74 EPS for the quarter, beating the consensus estimate of $3.62 by $0.12. The business had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.54 billion. Constellation Brands had a net margin of 19.57% and a return on equity of 24.75%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.63 EPS. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. On average, analysts anticipate that Constellation Brands will post 11.85 EPS for the current year.

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a dividend of $1.03 per share. The ex-dividend date is Friday, October 30th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.4%. Constellation Brands’s dividend payout ratio (DPR) is 36.95%.

Institutional Investors Weigh In On Constellation Brands

A number of institutional investors have recently added to or reduced their stakes in the stock. Van ECK Associates Corp raised its position in Constellation Brands by 11.0% during the fourth quarter. Van ECK Associates Corp now owns 2,397,275 shares of the company’s stock worth $330,728,000 after acquiring an additional 237,073 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Constellation Brands by 5.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,826,652 shares of the company’s stock worth $274,029,000 after purchasing an additional 88,538 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Constellation Brands by 9.5% during the first quarter. Bank of America Corp DE now owns 1,403,275 shares of the company’s stock worth $210,491,000 after purchasing an additional 121,515 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Constellation Brands by 18.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,268,672 shares of the company’s stock worth $175,026,000 after purchasing an additional 200,555 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Constellation Brands by 4.0% during the 1st quarter. Bank of New York Mellon Corp now owns 1,042,651 shares of the company’s stock worth $156,398,000 after purchasing an additional 40,124 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Trending Headlines about Constellation Brands

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

• Positive Sentiment: Constellation Brands reported fiscal second-quarter revenue of approximately $2.63 billion and comparable EPS of $3.74, exceeding Wall Street estimates of $2.54 billion and $3.62, respectively. Beer net sales increased 5%, while wine and spirits sales rose 17%. STZ Q3 CY2026 Deep Dive
• Positive Sentiment: Management reaffirmed fiscal 2027 comparable EPS guidance of $11.20 to $11.90 and cited improving September depletion trends, healthier inventories, stronger marketing execution and better beer demand. Investors are hopeful earnings could reach the upper end of the range. STZ Q2 Earnings Call Highlights
• Positive Sentiment: The company agreed to acquire ready-to-drink brand SpikedAde for $75 million. The deal expands Constellation’s exposure to flavored, convenience-focused alcoholic beverages and newer drinking occasions. SpikedAde Acquisition
• Neutral Sentiment: Analyst views remain mixed. JPMorgan raised its target to $136 while maintaining a neutral rating, and Freedom Broker upgraded the stock to buy with a $158 target. Needham and Morgan Stanley retained constructive or neutral ratings but reduced their targets.
• Negative Sentiment: Full-year revenue guidance of roughly $9 billion at the midpoint was below analyst expectations, reinforcing concerns that consumer demand for beer remains uneven. Questions persist around the durability of the turnaround, particularly for core brands such as Modelo and Corona, while increased marketing spending could pressure margins. Beer Demand Concerns
• Positive Sentiment: After a roughly 42% three-year decline, STZ appears inexpensive relative to its earnings power, with a low-teens price-to-earnings multiple and substantial analyst upside. That valuation is supporting a contrarian case, although investors may wait for clearer evidence of sustained volume growth.

Constellation Brands Company Profile

Constellation Brands, Inc is a beverage alcohol company that develops, markets and distributes beer, wine and spirits. Its portfolio includes well-known beer brands such as Modelo Especial, Corona Extra, Corona Light and Pacifico, along with wine brands including Robert Mondavi, Kim Crawford, Meiomi, The Prisoner Wine Company and Ruffino.

The company also offers spirits through brands such as Casa Noble tequila and High West whiskey. Constellation’s products are sold through retailers, distributors, restaurants and other on-premise locations, with a primary focus on the United States.