Wesbanco Bank Inc. Lowers Position in Constellation Brands Inc $STZ

Wesbanco Bank Inc. decreased its stake in shares of Constellation Brands Inc (NYSE:STZ) by 67.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,293 shares of the company’s stock after selling 29,036 shares during the quarter. Wesbanco Bank Inc.’s holdings in Constellation Brands were worth $1,925,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Gilbert & Cook Inc. lifted its stake in Constellation Brands by 2.6% in the 2nd quarter. Gilbert & Cook Inc. now owns 2,385 shares of the company’s stock worth $388,000 after purchasing an additional 60 shares in the last quarter. Private Trust Co. NA grew its position in shares of Constellation Brands by 0.7% during the third quarter. Private Trust Co. NA now owns 11,001 shares of the company’s stock valued at $1,481,000 after purchasing an additional 75 shares in the last quarter. Rise Advisors LLC increased its holdings in shares of Constellation Brands by 8.8% in the third quarter. Rise Advisors LLC now owns 937 shares of the company’s stock worth $126,000 after purchasing an additional 76 shares during the last quarter. RNC Capital Management LLC lifted its position in shares of Constellation Brands by 0.6% in the second quarter. RNC Capital Management LLC now owns 13,561 shares of the company’s stock worth $2,206,000 after buying an additional 77 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Constellation Brands by 2.6% in the third quarter. Harbor Capital Advisors Inc. now owns 3,113 shares of the company’s stock worth $419,000 after buying an additional 79 shares in the last quarter. 77.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. UBS Group set a $168.00 price target on Constellation Brands in a report on Friday, January 9th. Zacks Research upgraded Constellation Brands from a “strong sell” rating to a “hold” rating in a research report on Monday, November 3rd. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a report on Friday, January 9th. Piper Sandler reduced their price target on shares of Constellation Brands from $155.00 to $135.00 and set a “neutral” rating on the stock in a research report on Friday, November 21st. Finally, Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Constellation Brands presently has an average rating of “Hold” and a consensus target price of $176.91.

Constellation Brands Stock Performance

NYSE STZ opened at $165.68 on Wednesday. The business’s 50 day moving average price is $149.55 and its 200-day moving average price is $146.73. Constellation Brands Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91. The company has a market cap of $28.73 billion, a P/E ratio of 26.13, a P/E/G ratio of 0.49 and a beta of 0.44. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.70 and a current ratio of 1.34.

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

Constellation Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, January 29th. Constellation Brands’s dividend 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.