Louisiana State Employees Retirement System Takes $1.08 Million Position in Constellation Brands Inc $STZ

Louisiana State Employees Retirement System purchased a new position in Constellation Brands Inc (NYSE:STZ) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,200 shares of the company’s stock, valued at approximately $1,080,000.

Other hedge funds have also recently made changes to their positions in the company. Nordea Investment Management AB raised its stake in Constellation Brands by 6.1% during the fourth quarter. Nordea Investment Management AB now owns 867,776 shares of the company’s stock valued at $120,300,000 after buying an additional 49,625 shares during the last quarter. Hudson Edge Investment Partners Inc. grew its stake in shares of 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 acquiring an additional 12,746 shares during the last quarter. Swiss Life Asset Management Ltd grew its stake in shares of Constellation Brands by 99.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock worth $5,310,000 after acquiring an additional 19,161 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Constellation Brands by 3.2% during the third quarter. Dimensional Fund Advisors LP now owns 1,854,686 shares of the company’s stock valued at $249,819,000 after acquiring an additional 57,434 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Constellation Brands by 36.8% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 46,802 shares of the company’s stock valued at $6,299,000 after acquiring an additional 12,602 shares in the last quarter. 77.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Constellation Brands

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

Analyst Ratings Changes

Several equities analysts recently issued reports on STZ shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Constellation Brands in a research report on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and issued a $190.00 target price on shares of Constellation Brands in a research report on Thursday. Citigroup restated a “buy” rating on shares of Constellation Brands in a research note on Monday, May 18th. TD Cowen reaffirmed a “buy” rating and set a $174.00 price target on shares of Constellation Brands in a report on Wednesday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $185.00 price target on shares of Constellation Brands in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $167.89.

Constellation Brands Stock Performance

STZ stock opened at $137.36 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.91 and a quick ratio of 0.55. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $178.13. The company has a market cap of $23.65 billion, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 4.07 and a beta of 0.39. The stock’s fifty day moving average price is $144.68 and its 200-day moving average price is $150.00.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.27). Constellation Brands had a net margin of 18.87% and a return on equity of 25.58%. The firm had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter last year, the company posted $3.22 EPS. The firm’s revenue was down 3.3% compared to the same quarter last year. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. On average, equities analysts forecast that Constellation Brands Inc will post 11.72 earnings per share for the current year.

Constellation Brands Announces Dividend

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 dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $4.12 annualized dividend and a dividend yield of 3.0%. Constellation Brands’s dividend payout ratio is presently 39.31%.

Key Stories Impacting Constellation Brands

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

• Positive Sentiment: Constellation’s Q1 results were better than expected, helped by beer growth, wine and spirits momentum, margin gains, and strong free cash flow, while the company reaffirmed full-year guidance. Q1 Deep Dive: Evaluating STZ’s Financial and Operating Metrics
• Positive Sentiment: Several brokers remained constructive, including BMO Capital Markets, Royal Bank of Canada, TD Cowen, and Needham, with some reiterating buy/outperform ratings and high price targets well above the current trading level. Analyst rating updates
• Neutral Sentiment: Analysts are split on the stock, with a number of price-target cuts from JPMorgan, Deutsche Bank, Barclays, Morgan Stanley, and Bank of America offset by other firms maintaining positive views. Analyst forecast changes after Q1
• Neutral Sentiment: Management’s earnings call commentary was described as “cautious confidence,” suggesting the company sees near-term volatility but remains focused on brand strength and cash generation. Constellation Brands Earnings Call Shows Cautious Confidence
• Negative Sentiment: Freedom Capital downgraded Constellation Brands to hold, adding to the cautious tone around the stock. Constellation Brands was downgraded by Freedom Capital
• Negative Sentiment: Commentary from analysts and company coverage highlighted long-term risks tied to alcohol consumption trends, softer beer demand, and consumer selectivity, which could weigh on growth expectations. Constellation Faces Long-Term Risks Related to Alcohol Consumption

Constellation Brands Company 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.