Constellation Brands Inc $STZ Shares Acquired by Vaughan David Investments LLC IL

Vaughan David Investments LLC IL boosted its position in Constellation Brands Inc (NYSE:STZ) by 3.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 169,284 shares of the company’s stock after acquiring an additional 5,585 shares during the period. Vaughan David Investments LLC IL owned about 0.10% of Constellation Brands worth $22,797,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Berkshire Hathaway Inc grew its holdings in Constellation Brands by 11.6% in the 2nd quarter. Berkshire Hathaway Inc now owns 13,400,000 shares of the company’s stock valued at $2,179,912,000 after buying an additional 1,391,000 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Constellation Brands by 13.6% in the 2nd quarter. Geode Capital Management LLC now owns 3,737,860 shares of the company’s stock valued at $605,293,000 after purchasing an additional 448,259 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of Constellation Brands by 39.6% during the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 3,675,855 shares of the company’s stock valued at $597,988,000 after buying an additional 1,042,904 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Constellation Brands by 2.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,969,081 shares of the company’s stock worth $320,329,000 after buying an additional 46,959 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Constellation Brands by 650.6% in the second quarter. Ameriprise Financial Inc. now owns 1,769,741 shares of the company’s stock valued at $287,889,000 after acquiring an additional 1,533,961 shares during the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

Constellation Brands Stock Performance

Shares of STZ stock opened at $158.33 on Tuesday. The company’s fifty day moving average price is $140.41 and its two-hundred day moving average price is $147.85. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.34 and a quick ratio of 0.70. The firm has a market capitalization of $27.46 billion, a P/E ratio of 24.74, a P/E/G ratio of 0.46 and a beta of 0.45. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $196.91.

Constellation Brands (NYSE:STZ) last released its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company’s revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.25 earnings per share. Constellation Brands has set its FY 2026 guidance at 11.300-11.600 EPS. On average, research analysts anticipate that Constellation Brands Inc will post 13.5 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Thursday, January 29th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Thursday, January 29th. This represents a $4.08 annualized dividend and a yield of 2.6%. Constellation Brands’s dividend payout ratio is presently 64.35%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on STZ. Barclays lifted their price objective on Constellation Brands from $147.00 to $148.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Wells Fargo & Company set a $165.00 price target on shares of Constellation Brands in a research report on Thursday, January 8th. UBS Group set a $168.00 target price on shares of Constellation Brands in a research note on Friday, January 9th. The Goldman Sachs Group decreased their price target on shares of Constellation Brands from $196.00 to $168.00 and set a “buy” rating for the company in a research report on Thursday, October 2nd. Finally, Morgan Stanley cut their price objective on Constellation Brands from $176.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $180.35.

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.