Tower Bridge Advisors Sells 7,413 Shares of Constellation Brands Inc $STZ

Tower Bridge Advisors lessened its holdings in Constellation Brands Inc (NYSE:STZ) by 80.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,750 shares of the company’s stock after selling 7,413 shares during the quarter. Tower Bridge Advisors’ holdings in Constellation Brands were worth $236,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of STZ. Root Financial Partners LLC acquired a new position in Constellation Brands in the third quarter valued at approximately $26,000. Salomon & Ludwin LLC bought a new stake in shares of Constellation Brands during the 3rd quarter valued at $30,000. Abound Wealth Management lifted 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 valued at $33,000 after purchasing an additional 188 shares during the period. CVA Family Office LLC boosted its position in shares of Constellation Brands by 713.2% in the 3rd quarter. CVA Family Office LLC now owns 309 shares of the company’s stock worth $42,000 after purchasing an additional 271 shares during the last quarter. Finally, Accredited Wealth Management LLC grew its stake in shares of Constellation Brands by 572.3% during the third quarter. Accredited Wealth Management LLC now owns 316 shares of the company’s stock worth $43,000 after purchasing an additional 269 shares during the period. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Price Performance

Shares of NYSE STZ opened at $151.05 on Thursday. The company has a fifty day moving average price of $154.13 and a 200 day moving average price of $145.29. The firm has a market cap of $26.19 billion, a PE ratio of 23.82, a PEG ratio of 0.44 and a beta of 0.44. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. Constellation Brands Inc has a 1-year low of $126.45 and a 1-year high of $196.91.

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

Constellation Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, January 29th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.7%. Constellation Brands’s dividend payout ratio is 64.35%.

Analysts Set New Price Targets

STZ has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 target price on shares of Constellation Brands in a research note on Monday, December 15th. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a research note on Thursday, January 8th. Barclays increased their price target on shares of Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Citigroup boosted their price objective on shares of Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, January 9th. Finally, JPMorgan Chase & Co. started coverage on shares of Constellation Brands in a research note on Friday, November 7th. They issued a “neutral” rating and a $153.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.