Constellation Brands Inc $STZ Shares Acquired by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC grew its holdings in shares of Constellation Brands Inc (NYSE:STZ) by 280.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,284 shares of the company’s stock after buying an additional 24,538 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Constellation Brands were worth $6,108,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Piscataqua Savings Bank lifted its stake in shares of Constellation Brands by 1.7% in the 1st quarter. Piscataqua Savings Bank now owns 3,720 shares of the company’s stock worth $683,000 after acquiring an additional 62 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of Constellation Brands by 5.8% during the 1st quarter. Strategic Financial Concepts LLC now owns 1,128 shares of the company’s stock worth $207,000 after acquiring an additional 62 shares in the last quarter. World Investment Advisors boosted its stake in shares of Constellation Brands by 1.7% during the 1st quarter. World Investment Advisors now owns 3,801 shares of the company’s stock worth $698,000 after acquiring an additional 62 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in Constellation Brands by 0.9% in the 1st quarter. Moody National Bank Trust Division now owns 6,991 shares of the company’s stock valued at $1,283,000 after purchasing an additional 64 shares during the period. Finally, Bessemer Group Inc. increased its stake in Constellation Brands by 3.0% during the first quarter. Bessemer Group Inc. now owns 2,242 shares of the company’s stock valued at $412,000 after acquiring an additional 65 shares during the period. Institutional investors own 77.34% of the company’s stock.

Insiders Place Their Bets

In other Constellation Brands news, EVP James O. Bourdeau sold 821 shares of the firm’s stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $169.00, for a total value of $138,749.00. Following the completion of the transaction, the executive vice president owned 9,438 shares in the company, valued at $1,595,022. This trade represents a 8.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 12.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Barclays set a $202.00 price objective on Constellation Brands and gave the company an “overweight” rating in a report on Thursday, June 26th. TD Cowen reduced their price objective on shares of Constellation Brands from $180.00 to $152.00 and set a “hold” rating on the stock in a research note on Thursday. Cowen reiterated a “hold” rating on shares of Constellation Brands in a research report on Monday, July 7th. Needham & Company LLC cut their target price on shares of Constellation Brands from $200.00 to $180.00 and set a “buy” rating on the stock in a report on Wednesday, September 3rd. Finally, Jefferies Financial Group lowered their price objective on shares of Constellation Brands from $205.00 to $179.00 and set a “buy” rating for the company in a research report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $194.36.

Constellation Brands Trading Up 1.7%

Shares of Constellation Brands stock opened at $148.38 on Monday. The firm has a 50-day moving average of $167.18 and a 200-day moving average of $175.28. The stock has a market cap of $26.16 billion, a PE ratio of -62.08, a PEG ratio of 0.45 and a beta of 0.67. Constellation Brands Inc has a 52-week low of $144.81 and a 52-week high of $261.06. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.68 and a current ratio of 1.07.

Constellation Brands (NYSE:STZ) last released its earnings results on Tuesday, July 1st. The company reported $3.22 earnings per share for the quarter, missing analysts’ consensus estimates of $3.45 by ($0.23). The company had revenue of $2.52 billion for the quarter, compared to the consensus estimate of $2.57 billion. Constellation Brands had a negative net margin of 4.11% and a positive return on equity of 31.41%. The business’s revenue was down 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.57 earnings per share. Constellation Brands has set its FY 2026 guidance at 12.600-12.900 EPS. As a group, sell-side analysts forecast that Constellation Brands Inc will post 13.5 EPS for the current year.

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Wednesday, July 30th were given a dividend of $1.02 per share. The ex-dividend date was Wednesday, July 30th. This represents a $4.08 annualized dividend and a yield of 2.7%. Constellation Brands’s dividend payout ratio is presently -170.71%.

Constellation Brands Company Profile

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.