Lee Danner & Bass Inc. Sells 4,066 Shares of Constellation Brands Inc $STZ

Lee Danner & Bass Inc. reduced its stake in shares of Constellation Brands Inc (NYSE:STZ) by 25.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 11,919 shares of the company’s stock after selling 4,066 shares during the period. Lee Danner & Bass Inc.’s holdings in Constellation Brands were worth $1,605,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in shares of Constellation Brands during the third quarter worth $30,000. Abound Wealth Management boosted its stake in 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 purchasing an additional 188 shares during the period. Hoey Investments Inc. bought a new position in Constellation Brands during the 2nd quarter worth about $40,000. Curio Wealth LLC raised its stake 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 valued at $49,000 after purchasing an additional 299 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Constellation Brands in the 2nd quarter valued at about $49,000. Institutional investors and hedge funds own 77.34% of the company’s stock.

Analyst Ratings Changes

STZ has been the subject of several recent research reports. JPMorgan Chase & Co. initiated coverage on Constellation Brands in a research report on Friday, November 7th. They set a “neutral” rating and a $153.00 price objective for the company. Zacks Research upgraded Constellation Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, November 3rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $190.00 price target on shares of Constellation Brands in a research report on Friday, January 9th. Barclays raised their price target on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Constellation Brands in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Constellation Brands has an average rating of “Hold” and an average price target of $180.35.

Constellation Brands Stock Down 1.3%

NYSE:STZ opened at $156.74 on Tuesday. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91. The firm has a market capitalization of $27.18 billion, a price-to-earnings ratio of 24.72, a price-to-earnings-growth ratio of 0.46 and a beta of 0.45. 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 stock’s 50 day moving average price is $140.41 and its two-hundred day moving average price is $147.85.

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 company had revenue of $2.22 billion during 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 firm’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.25 EPS. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Equities research analysts expect that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders 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 dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) 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.