Valeo Financial Advisors LLC Has $997,000 Stock Holdings in Constellation Brands Inc $STZ

Valeo Financial Advisors LLC lowered its stake in shares of Constellation Brands Inc (NYSE:STZ) by 40.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,402 shares of the company’s stock after selling 4,986 shares during the period. Valeo Financial Advisors LLC’s holdings in Constellation Brands were worth $997,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. AlphaQuest LLC increased its stake in shares of Constellation Brands by 350.7% during the 2nd quarter. AlphaQuest LLC now owns 5,178 shares of the company’s stock worth $842,000 after purchasing an additional 4,029 shares during the last quarter. 49 Wealth Management LLC bought a new stake in Constellation Brands in the second quarter worth $373,000. Matrix Asset Advisors Inc. NY bought a new position in Constellation Brands during the third quarter valued at about $5,236,000. Heritage Investors Management Corp raised its holdings in Constellation Brands by 6.2% during the second quarter. Heritage Investors Management Corp now owns 146,827 shares of the company’s stock valued at $23,886,000 after buying an additional 8,613 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of Constellation Brands by 230.2% in the second quarter. Apollon Wealth Management LLC now owns 6,471 shares of the company’s stock worth $1,053,000 after buying an additional 4,511 shares during the last quarter. 77.34% of the stock is owned by institutional investors and hedge funds.

Constellation Brands Trading Down 2.0%

Shares of STZ stock opened at $154.55 on Friday. The firm has a market capitalization of $26.80 billion, a P/E ratio of 24.38, a price-to-earnings-growth ratio of 0.47 and a beta of 0.45. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $196.91. The firm’s fifty day simple moving average is $145.18 and its 200 day simple moving average is $147.56. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29.

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

Constellation Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 12th. Shareholders 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 64.35%.

Analyst Ratings Changes

A number of research analysts have recently commented on STZ shares. BMO Capital Markets reissued an “outperform” rating and set a $190.00 price objective on shares of Constellation Brands in a report on Friday, January 9th. Citigroup increased their price target on Constellation Brands from $148.00 to $155.00 and gave the company a “neutral” rating in a report on Friday, January 9th. Piper Sandler reduced their price objective on shares of Constellation Brands from $155.00 to $135.00 and set a “neutral” rating for the company in a research note on Friday, November 21st. Wells Fargo & Company set a $165.00 price objective on shares of Constellation Brands in a report on Thursday, January 8th. Finally, The Goldman Sachs Group dropped their target price on shares of Constellation Brands from $196.00 to $168.00 and set a “buy” rating on the stock in a report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $176.91.

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.