Tower Bridge Advisors Has $236,000 Position in Constellation Brands Inc $STZ

Tower Bridge Advisors cut its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 80.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 hedge funds also recently modified their holdings of STZ. Root Financial Partners LLC acquired a new stake in shares of Constellation Brands in the third quarter valued at about $26,000. Salomon & Ludwin LLC acquired a new position in Constellation Brands during the third quarter valued at approximately $30,000. Abound Wealth Management grew its stake in Constellation Brands by 341.8% in the third quarter. Abound Wealth Management now owns 243 shares of the company’s stock valued at $33,000 after purchasing an additional 188 shares in the last quarter. CVA Family Office LLC increased its position in shares of Constellation Brands by 713.2% during 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 increased its position in shares of Constellation Brands by 572.3% during the 3rd 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 last quarter. Institutional investors own 77.34% of the company’s stock.

Analysts Set New Price Targets

STZ has been the subject of several recent analyst reports. Citigroup increased their price objective on Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, January 9th. Wells Fargo & Company set a $165.00 price target on shares of Constellation Brands in a research note on Thursday, January 8th. Sanford C. Bernstein lifted their price objective on shares of Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Barclays boosted their price objective 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, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 target price on shares of Constellation Brands in a research note 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. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Down 3.2%

Constellation Brands stock opened at $151.05 on Thursday. The company’s 50-day moving average price is $154.13 and its two-hundred day moving average price is $145.29. 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 has a market cap of $26.19 billion, a P/E ratio of 23.82, a P/E/G ratio of 0.44 and a beta of 0.44. Constellation Brands Inc has a twelve month low of $126.45 and a twelve month high of $196.91.

Constellation Brands (NYSE:STZ) last posted its earnings results 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 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 firm’s revenue for the quarter was down 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. As a group, analysts expect that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were issued 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 dividend yield of 2.7%. 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.