Morgan Stanley Has Lowered Expectations for Constellation Brands (NYSE:STZ) Stock Price

Constellation Brands (NYSE:STZ) had its target price cut by investment analysts at Morgan Stanley from $183.00 to $158.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Morgan Stanley’s target price indicates a potential upside of 16.04% from the company’s previous close.

A number of other analysts also recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $185.00 price target on shares of Constellation Brands in a research report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of Constellation Brands in a research report on Monday, May 4th. JPMorgan Chase & Co. increased their target price on shares of Constellation Brands from $168.00 to $169.00 and gave the company a “neutral” rating in a research note on Thursday, June 25th. Evercore set a $175.00 target price on shares of Constellation Brands and gave the stock an “outperform” rating in a report on Friday, April 10th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $185.00 price target on shares of Constellation Brands in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.89.

Constellation Brands Stock Down 2.1%

Shares of NYSE:STZ opened at $136.16 on Thursday. The company has a market cap of $23.45 billion, a price-to-earnings ratio of 12.99, a PEG ratio of 4.10 and a beta of 0.39. Constellation Brands has a 12 month low of $126.45 and a 12 month high of $178.13. 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 company has a 50-day moving average price of $145.47 and a 200 day moving average price of $150.16.

Constellation Brands (NYSE:STZ) last posted 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 company had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.39 billion. Constellation Brands had a net margin of 18.87% and a return on equity of 25.97%. Constellation Brands’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the previous 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 will post 11.78 earnings per share for the current year.

Insider Buying and Selling

In other Constellation Brands news, EVP James O. Bourdeau sold 4,407 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total value of $631,258.68. Following the sale, the executive vice president owned 9,109 shares in the company, valued at $1,304,773.16. This trade represents a 32.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.20% of the stock is owned by company insiders.

Institutional Trading of Constellation Brands

Several institutional investors and hedge funds have recently made changes to their positions in STZ. Nordea Investment Management AB boosted its holdings in shares of Constellation Brands by 6.1% in the fourth quarter. Nordea Investment Management AB now owns 867,776 shares of the company’s stock valued at $120,300,000 after purchasing an additional 49,625 shares during the period. Hudson Edge Investment Partners Inc. grew its stake in Constellation Brands by 36.1% in the fourth quarter. Hudson Edge Investment Partners Inc. now owns 48,062 shares of the company’s stock worth $6,631,000 after purchasing an additional 12,746 shares in the last quarter. Swiss Life Asset Management Ltd increased its holdings in Constellation Brands by 99.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock worth $5,310,000 after purchasing an additional 19,161 shares during the period. Dimensional Fund Advisors LP increased its holdings in Constellation Brands by 3.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,854,686 shares of the company’s stock worth $249,819,000 after purchasing an additional 57,434 shares during the period. Finally, AIA Group Ltd bought a new stake in Constellation Brands during the 3rd quarter valued at $925,000. 77.34% of the stock is currently owned by institutional investors.

More Constellation Brands News

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

• Positive Sentiment: Constellation Brands beat quarterly earnings estimates and revenue also came in above Wall Street forecasts, helped by solid beer performance and pricing gains. Constellation Brands’ Q1 Earnings Beat, Sales Top on Beer Strength
• Positive Sentiment: The company raised its FY2027 EPS guidance, signaling management confidence in profitability despite a tougher sales backdrop. Constellation Brands Reports First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Constellation Brands declared a $1.03 quarterly dividend, reinforcing cash return support for shareholders. Constellation Brands declares $1.03 dividend
• Positive Sentiment: Piper Sandler reaffirmed a neutral rating but set a $160 price target, implying upside from recent trading levels. Benzinga note on Piper Sandler rating

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.