Confluence Investment Management LLC Sells 34,799 Shares of Constellation Brands Inc $STZ

Confluence Investment Management LLC trimmed its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 24.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 108,744 shares of the company’s stock after selling 34,799 shares during the quarter. Confluence Investment Management LLC’s holdings in Constellation Brands were worth $15,002,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of Constellation Brands by 23.0% in the 4th quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock valued at $221,000 after acquiring an additional 187 shares during the period. Woodline Partners LP bought a new stake in Constellation Brands during the first quarter valued at about $2,409,000. Cetera Investment Advisers grew its stake in Constellation Brands by 7.2% in the second quarter. Cetera Investment Advisers now owns 36,914 shares of the company’s stock valued at $6,005,000 after purchasing an additional 2,473 shares during the last quarter. Portside Wealth Group LLC bought a new position in Constellation Brands in the second quarter worth about $263,000. Finally, 17 Capital Partners LLC lifted its position in shares of Constellation Brands by 18.0% during the second quarter. 17 Capital Partners LLC now owns 2,752 shares of the company’s stock valued at $448,000 after buying an additional 420 shares during the last quarter. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on STZ. BMO Capital Markets reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a research report on Friday, January 9th. Weiss Ratings raised shares of Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. Citigroup upgraded Constellation Brands from a “neutral” rating to a “buy” rating and increased their price objective for the company from $155.00 to $175.00 in a report on Wednesday. Barclays boosted their target price on 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 price target 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, twelve have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $177.82.

Constellation Brands Trading Up 0.0%

Constellation Brands stock opened at $152.15 on Friday. The stock has a 50-day moving average price of $156.11 and a 200 day moving average price of $144.38. The company has a market capitalization of $26.38 billion, a price-to-earnings ratio of 24.00, a price-to-earnings-growth ratio of 0.42 and a beta of 0.44. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $196.91. The company has a quick ratio of 0.70, a current ratio of 1.34 and a debt-to-equity ratio of 1.29.

Constellation Brands (NYSE:STZ) last issued its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 earnings per share 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 for the quarter, compared to the consensus estimate of $2.17 billion. During the same quarter in the prior year, the company earned $3.25 EPS. Constellation Brands’s quarterly revenue was down 9.8% on a year-over-year basis. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. Sell-side analysts anticipate that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Stockholders of record on Thursday, January 29th were paid a $1.02 dividend. The ex-dividend date 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 is presently 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.