UniSuper Management Pty Ltd Has $2.74 Million Position in Constellation Brands Inc $STZ

UniSuper Management Pty Ltd raised its holdings in Constellation Brands Inc (NYSE:STZ) by 23.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,340 shares of the company’s stock after purchasing an additional 3,846 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Constellation Brands were worth $2,739,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in Constellation Brands during the 3rd quarter worth approximately $26,000. Salomon & Ludwin LLC bought a new stake in Constellation Brands during the 3rd quarter worth about $30,000. Abound Wealth Management raised its holdings in Constellation Brands by 341.8% during the third quarter. Abound Wealth Management now owns 243 shares of the company’s stock worth $33,000 after acquiring an additional 188 shares in the last quarter. CVA Family Office LLC lifted its stake in Constellation Brands by 713.2% in the third quarter. CVA Family Office LLC now owns 309 shares of the company’s stock valued at $42,000 after acquiring an additional 271 shares during the last quarter. Finally, Curio Wealth LLC lifted its position in shares of Constellation Brands by 29,900.0% in the second quarter. Curio Wealth LLC now owns 300 shares of the company’s stock valued at $49,000 after buying an additional 299 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on STZ shares. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a research report on Friday, January 9th. Citigroup boosted their target price on shares of Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. UBS Group set a $168.00 price objective on shares of Constellation Brands in a research note on Friday, January 9th. Piper Sandler lowered their target price on Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, November 21st. Finally, JPMorgan Chase & Co. began coverage on shares of Constellation Brands in a research report on Friday, November 7th. They issued a “neutral” rating and a $153.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Constellation Brands currently has a consensus rating of “Hold” and a consensus price target of $176.91.

Constellation Brands Stock Performance

NYSE:STZ opened at $161.55 on Tuesday. 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 Inc has a fifty-two week low of $126.45 and a fifty-two week high of $196.91. The company has a 50 day simple moving average of $143.52 and a two-hundred day simple moving average of $147.51. The company has a market capitalization of $28.01 billion, a PE ratio of 25.48, a P/E/G ratio of 0.47 and a beta of 0.45.

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

Constellation Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.5%. Constellation Brands’s dividend payout ratio (DPR) is currently 64.35%.

Constellation Brands Company 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.