Swiss National Bank Decreases Stock Position in Constellation Brands Inc $STZ

Swiss National Bank lessened its position in shares of Constellation Brands Inc (NYSE:STZ) by 12.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 431,900 shares of the company’s stock after selling 60,400 shares during the period. Swiss National Bank’s holdings in Constellation Brands were worth $58,164,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA raised its stake in Constellation Brands by 0.7% in the 3rd quarter. Private Trust Co. NA now owns 11,001 shares of the company’s stock valued at $1,481,000 after acquiring an additional 75 shares during the period. Rise Advisors LLC boosted its position in Constellation Brands by 8.8% during 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 period. Harbor Capital Advisors Inc. increased its stake 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 purchasing an additional 79 shares in the last quarter. Savant Capital LLC increased its stake in shares of Constellation Brands by 2.6% in the second quarter. Savant Capital LLC now owns 3,644 shares of the company’s stock worth $593,000 after purchasing an additional 94 shares in the last quarter. Finally, Wedbush Securities Inc. raised its position in shares of Constellation Brands by 3.9% in the second quarter. Wedbush Securities Inc. now owns 2,531 shares of the company’s stock valued at $412,000 after purchasing an additional 96 shares during the period. Institutional investors own 77.34% of the company’s stock.

Analyst Ratings Changes

STZ has been the subject of several analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a report on Friday, January 9th. Wells Fargo & Company set a $165.00 target price on Constellation Brands in a research report on Thursday, January 8th. Piper Sandler cut 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. Needham & Company LLC reiterated a “buy” rating and set a $180.00 price objective on shares of Constellation Brands in a research note on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 price objective on shares of Constellation Brands in a report on Monday, December 15th. One research 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 MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Performance

Shares of STZ opened at $149.92 on Thursday. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month high of $196.91. The company has a market cap of $26.00 billion, a PE ratio of 23.65, a price-to-earnings-growth ratio of 0.42 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. The stock has a 50-day moving average price of $155.08 and a 200-day moving average price of $144.68.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. Constellation Brands had a net margin of 11.08% and a return on equity of 29.15%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the firm earned $3.25 EPS. The business’s revenue for the quarter 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. As a group, equities analysts forecast that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Dividend Announcement

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

Constellation Brands Profile

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.