OLD Republic International Corp Takes $14.75 Million Position in Constellation Brands Inc $STZ

OLD Republic International Corp purchased a new position in shares of Constellation Brands Inc (NYSE:STZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 109,500 shares of the company’s stock, valued at approximately $14,746,000. OLD Republic International Corp owned 0.06% of Constellation Brands at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AlphaQuest LLC lifted its stake in shares of Constellation Brands by 350.7% during the 2nd quarter. AlphaQuest LLC now owns 5,178 shares of the company’s stock worth $842,000 after purchasing an additional 4,029 shares during the last quarter. Arlington Partners LLC bought a new position in Constellation Brands in the second quarter worth about $2,333,000. 49 Wealth Management LLC bought a new position in Constellation Brands in the second quarter worth about $373,000. Heritage Investors Management Corp boosted its holdings in shares of Constellation Brands by 6.2% in the 2nd quarter. Heritage Investors Management Corp now owns 146,827 shares of the company’s stock valued at $23,886,000 after buying an additional 8,613 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in shares of Constellation Brands by 969.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 83,656 shares of the company’s stock worth $13,609,000 after buying an additional 75,834 shares during the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on STZ. Zacks Research upgraded shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. The Goldman Sachs Group decreased their price objective on Constellation Brands from $196.00 to $168.00 and set a “buy” rating for the company in a report on Thursday, October 2nd. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a research report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $160.00 target price on shares of Constellation Brands in a research report on Monday, December 15th. Finally, Piper Sandler lowered their price target on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Constellation Brands presently has a consensus rating of “Hold” and an average target price of $183.21.

Constellation Brands Price Performance

Shares of NYSE STZ opened at $147.12 on Monday. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $207.90. The business’s 50 day moving average price is $137.24 and its 200 day moving average price is $148.31. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29. The firm has a market cap of $25.75 billion, a P/E ratio of 23.20, a P/E/G ratio of 0.44 and a beta of 0.45.

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

Constellation Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, January 29th. Constellation Brands’s payout ratio 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.