HighTower Advisors LLC Grows Position in Constellation Brands Inc $STZ

HighTower Advisors LLC raised its position in shares of Constellation Brands Inc (NYSE:STZ) by 20.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,110 shares of the company’s stock after acquiring an additional 25,565 shares during the period. HighTower Advisors LLC’s holdings in Constellation Brands were worth $20,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in Constellation Brands in the third quarter worth $26,000. Salomon & Ludwin LLC bought a new position in Constellation Brands during the third quarter valued at $30,000. Abound Wealth Management grew its stake in shares of Constellation Brands by 341.8% in the 3rd quarter. Abound Wealth Management now owns 243 shares of the company’s stock worth $33,000 after buying an additional 188 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Constellation Brands in the 2nd quarter worth about $49,000. Finally, Curio Wealth LLC increased its holdings in shares of Constellation Brands by 29,900.0% in the 2nd quarter. Curio Wealth LLC now owns 300 shares of the company’s stock worth $49,000 after buying an additional 299 shares during the last quarter. 77.34% of the stock is currently owned by institutional investors.

Constellation Brands Trading Down 1.2%

STZ opened at $154.43 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34. The stock’s 50 day moving average price is $151.26 and its 200-day moving average price is $146.31. Constellation Brands Inc has a one year low of $126.45 and a one year high of $196.91. The stock has a market cap of $26.78 billion, a price-to-earnings ratio of 24.36, a P/E/G ratio of 0.46 and a beta of 0.44.

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

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were issued a $1.02 dividend. The ex-dividend date was Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.6%. Constellation Brands’s dividend payout ratio is presently 64.35%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on STZ. JPMorgan Chase & Co. began coverage on Constellation Brands in a research report on Friday, November 7th. They issued a “neutral” rating and a $153.00 price target for the company. Piper Sandler lowered their price objective 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. Wells Fargo & Company set a $165.00 target price on Constellation Brands in a report on Thursday, January 8th. Needham & Company LLC reissued a “buy” rating and set a $180.00 target price on shares of Constellation Brands in a research report on Tuesday, January 6th. Finally, Sanford C. Bernstein increased their price target on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Constellation Brands presently has a consensus rating of “Hold” and an average price target of $176.91.

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.