Rakuten Investment Management Inc. Invests $707,000 in Constellation Brands Inc $STZ

Rakuten Investment Management Inc. acquired a new position in Constellation Brands Inc (NYSE:STZ) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 5,253 shares of the company’s stock, valued at approximately $707,000.

A number of other institutional investors also recently bought and sold shares of the stock. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Constellation Brands by 65.6% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 74,042 shares of the company’s stock worth $9,971,000 after buying an additional 29,320 shares in the last quarter. Vaughan David Investments LLC IL lifted its position in shares of Constellation Brands by 3.4% during the 3rd quarter. Vaughan David Investments LLC IL now owns 169,284 shares of the company’s stock valued at $22,797,000 after buying an additional 5,585 shares in the last quarter. Root Financial Partners LLC bought a new position in shares of Constellation Brands during the 3rd quarter valued at approximately $26,000. Whelan Financial increased its holdings in Constellation Brands by 78.1% in the 3rd quarter. Whelan Financial now owns 6,684 shares of the company’s stock worth $900,000 after acquiring an additional 2,930 shares in the last quarter. Finally, Invera Wealth Advisors LLC bought a new stake in Constellation Brands during the 3rd quarter worth approximately $479,000. 77.34% of the stock is owned by institutional investors.

Constellation Brands Stock Down 1.3%

Shares of STZ stock opened at $158.68 on Friday. The stock has a market cap of $27.52 billion, a P/E ratio of 25.03, a PEG ratio of 0.47 and a beta of 0.45. 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. The company’s fifty day simple moving average is $142.92 and its two-hundred day simple moving average is $147.74.

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

Constellation Brands Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have weighed in on STZ shares. The Goldman Sachs Group dropped 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. Zacks Research raised shares of Constellation Brands from a “strong sell” rating to a “hold” rating in a report on Monday, November 3rd. Barclays increased their price target 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. Sanford C. Bernstein boosted their price objective on Constellation Brands from $195.00 to $197.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Finally, Morgan Stanley cut their target price on Constellation Brands from $176.00 to $160.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Constellation Brands has a consensus rating of “Hold” and an average price target of $176.91.

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.