Constellation Brands Inc $STZ Shares Purchased by Pzena Investment Management LLC

Pzena Investment Management LLC boosted its holdings in Constellation Brands Inc (NYSE:STZ) by 1.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 595,795 shares of the company’s stock after buying an additional 5,904 shares during the period. Pzena Investment Management LLC owned approximately 0.34% of Constellation Brands worth $89,369,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital World Investors raised its stake in shares of Constellation Brands by 8.3% in the 4th quarter. Capital World Investors now owns 7,238,575 shares of the company’s stock valued at $998,740,000 after acquiring an additional 553,974 shares during the period. State Street Corp boosted its position in Constellation Brands by 5.0% during the 4th quarter. State Street Corp now owns 6,911,369 shares of the company’s stock worth $953,492,000 after purchasing an additional 329,337 shares during the period. Capital International Investors boosted its position in Constellation Brands by 48.5% during the 4th quarter. Capital International Investors now owns 6,442,600 shares of the company’s stock worth $888,930,000 after purchasing an additional 2,105,546 shares during the period. Wellington Management Group LLP increased its holdings in Constellation Brands by 14.0% in the 4th quarter. Wellington Management Group LLP now owns 6,018,653 shares of the company’s stock valued at $830,333,000 after purchasing an additional 739,393 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Constellation Brands by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 3,739,549 shares of the company’s stock valued at $513,871,000 after purchasing an additional 54,184 shares in the last quarter. 77.34% of the stock is owned by institutional investors and hedge funds.

Constellation Brands Stock Performance

STZ stock opened at $136.16 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.55 and a debt-to-equity ratio of 1.16. The firm has a market cap of $23.45 billion, a P/E ratio of 12.99, a P/E/G ratio of 4.10 and a beta of 0.39. Constellation Brands Inc has a 12-month low of $126.45 and a 12-month high of $178.13. The stock’s 50 day simple moving average is $145.47 and its 200 day simple moving average is $150.16.

Constellation Brands (NYSE:STZ) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.69 by ($0.26). The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.39 billion. Constellation Brands had a return on equity of 25.97% and a net margin of 18.87%.The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter last year, the business earned $3.22 earnings per share. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. As a group, equities research analysts predict that Constellation Brands Inc will post 11.78 EPS for the current year.

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, July 30th will be given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, July 30th. Constellation Brands’s dividend payout ratio (DPR) is presently 42.96%.

Constellation Brands News Roundup

Here are the key news stories impacting Constellation Brands this week:

• Positive Sentiment: Constellation Brands beat earnings expectations, posting adjusted EPS of $3.43 versus estimates near $3.20-$3.25, while revenue of $2.43 billion also came in ahead of forecasts. Constellation Brands (STZ) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Beer strength, pricing gains, and improved profitability helped offset weaker overall sales, and the company said it is gaining market share in a value-conscious consumer environment. Constellation Brands gains market share in a ‘value-conscious’ consumer backdrop
• Positive Sentiment: Piper Sandler reaffirmed a neutral rating but kept a $160 price target, implying upside from current levels. Piper Sandler rating note
• Positive Sentiment: The company declared a quarterly dividend of $1.03 per share, supporting the stock’s income appeal. Constellation Brands declares $1.03 dividend
• Neutral Sentiment: Management’s commentary pointed to a volatile consumer backdrop, with gas prices and broader economic uncertainty weighing on beverage demand. Constellation Brands beats quarterly profit estimates on beer demand
• Neutral Sentiment: The company raised FY2027 EPS guidance to $11.20-$11.90, but the midpoint revenue outlook was still slightly below analyst expectations, limiting enthusiasm. Corona-maker Constellation Brands beats estimates
• Negative Sentiment: Revenue still fell 3.3% year over year, highlighting ongoing softness in sales even as profits held up. Constellation Brands Q1 fiscal 2027 earnings: revenue falls 3.3%
• Negative Sentiment: Management said lower volume trends and margin pressure from inflation and higher gas prices are creating headwinds for future growth. Constellation Brands Reports Lower First-Quarter Revenue, Citing Softening Consumer Trends

Insider Activity

In other news, EVP James O. Bourdeau sold 4,407 shares of Constellation Brands stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $143.24, for a total value of $631,258.68. Following the completion of the transaction, the executive vice president directly owned 9,109 shares of the company’s stock, valued at approximately $1,304,773.16. The trade was a 32.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 12.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. BMO Capital Markets set a $174.00 price objective on Constellation Brands in a research note on Wednesday. Morgan Stanley raised their target price on Constellation Brands from $160.00 to $183.00 and gave the company an “equal weight” rating in a report on Friday, April 10th. UBS Group reduced their price target on Constellation Brands from $186.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. Roth Mkm restated a “buy” rating on shares of Constellation Brands in a report on Thursday, April 9th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $174.00 price objective on shares of Constellation Brands in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $171.37.

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.