Analysts’ Recent Ratings Updates for Constellation Brands (STZ)

Several analysts have recently updated their ratings and price targets for Constellation Brands (NYSE: STZ):

• 1/17/2025 – Constellation Brands was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 1/17/2025 – Constellation Brands had its price target lowered by analysts at Roth Capital from $298.00 to $284.00. They now have a “buy” rating on the stock.
• 1/17/2025 – Constellation Brands had its price target lowered by analysts at UBS Group AG from $265.00 to $223.00. They now have a “buy” rating on the stock.
• 1/14/2025 – Constellation Brands had its price target lowered by analysts at Barclays PLC from $282.00 to $214.00. They now have an “overweight” rating on the stock.
• 1/14/2025 – Constellation Brands had its price target lowered by analysts at Truist Financial Co. from $255.00 to $190.00. They now have a “hold” rating on the stock.
• 1/14/2025 – Constellation Brands was downgraded by analysts at Argus from a “buy” rating to a “hold” rating.
• 1/13/2025 – Constellation Brands had its price target lowered by analysts at Piper Sandler from $300.00 to $245.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Constellation Brands had its price target lowered by analysts at Morgan Stanley from $280.00 to $220.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Constellation Brands had its price target lowered by analysts at Evercore ISI from $300.00 to $250.00. They now have an “outperform” rating on the stock.
• 1/13/2025 – Constellation Brands had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $203.00 price target on the stock, down previously from $262.00.
• 1/13/2025 – Constellation Brands had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $201.00 price target on the stock, down previously from $310.00.
• 1/10/2025 – Constellation Brands had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $280.00 price target on the stock.
• 1/8/2025 – Constellation Brands had its price target lowered by analysts at Barclays PLC from $300.00 to $282.00. They now have an “overweight” rating on the stock.
• 1/8/2025 – Constellation Brands had its price target lowered by analysts at TD Cowen from $270.00 to $260.00. They now have a “hold” rating on the stock.
• 1/7/2025 – Constellation Brands had its price target lowered by analysts at JPMorgan Chase & Co. from $293.00 to $262.00. They now have an “overweight” rating on the stock.
• 1/7/2025 – Constellation Brands had its price target lowered by analysts at Wells Fargo & Company from $295.00 to $275.00. They now have an “overweight” rating on the stock.
• 1/7/2025 – Constellation Brands had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $308.00 price target on the stock.
• 12/20/2024 – Constellation Brands had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $280.00 price target on the stock.
• 12/6/2024 – Constellation Brands is now covered by analysts at Needham & Company LLC. They set a “buy” rating and a $280.00 price target on the stock.

Constellation Brands Stock Performance

NYSE:STZ traded up $3.72 on Monday, hitting $186.82. The stock had a trading volume of 396,039 shares, compared to its average volume of 2,917,928. Constellation Brands, Inc. has a 52-week low of $176.51 and a 52-week high of $274.87. The stock has a market cap of $33.76 billion, a price-to-earnings ratio of 50.22, a price-to-earnings-growth ratio of 1.58 and a beta of 0.91. The company has a quick ratio of 0.46, a current ratio of 1.10 and a debt-to-equity ratio of 1.26. The business’s 50-day simple moving average is $221.02 and its two-hundred day simple moving average is $236.20.

Constellation Brands (NYSE:STZ) last announced its earnings results on Friday, January 10th. The company reported $3.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.33 by ($0.08). Constellation Brands had a net margin of 6.27% and a return on equity of 26.55%. The business had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.53 billion. During the same quarter last year, the firm posted $3.19 earnings per share. The business’s quarterly revenue was down .3% compared to the same quarter last year. As a group, research analysts predict that Constellation Brands, Inc. will post 13.52 earnings per share for the current year.

Constellation Brands Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $1.01 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $4.04 annualized dividend and a yield of 2.16%. Constellation Brands’s dividend payout ratio (DPR) is presently 108.60%.

Insiders Place Their Bets

In other news, CEO William A. Newlands sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $243.58, for a total transaction of $6,089,500.00. Following the sale, the chief executive officer now directly owns 7,274 shares of the company’s stock, valued at $1,771,800.92. This represents a 77.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP James A. Jr. Sabia sold 36,086 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were sold at an average price of $242.99, for a total transaction of $8,768,537.14. Following the completion of the transaction, the executive vice president now directly owns 16,042 shares of the company’s stock, valued at approximately $3,898,045.58. This trade represents a 69.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 69,172 shares of company stock worth $16,778,841 over the last quarter. 12.19% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Constellation Brands

Hedge funds have recently bought and sold shares of the business. Public Sector Pension Investment Board increased its stake in Constellation Brands by 78.3% during the second quarter. Public Sector Pension Investment Board now owns 5,704 shares of the company’s stock worth $1,468,000 after acquiring an additional 2,504 shares during the last quarter. AXA S.A. raised its position in shares of Constellation Brands by 54.2% in the 2nd quarter. AXA S.A. now owns 2,146 shares of the company’s stock worth $552,000 after acquiring an additional 754 shares in the last quarter. APG Asset Management N.V. lifted its position in shares of Constellation Brands by 239.5% during the second quarter. APG Asset Management N.V. now owns 18,853 shares of the company’s stock valued at $4,526,000 after buying an additional 13,300 shares during the last quarter. MBB Public Markets I LLC purchased a new position in shares of Constellation Brands in the 2nd quarter worth approximately $3,099,000. Finally, Mackenzie Financial Corp increased its position in shares of Constellation Brands by 7.6% during the second quarter. Mackenzie Financial Corp now owns 134,179 shares of the company’s stock worth $34,522,000 after purchasing an additional 9,422 shares in the last quarter. Hedge funds and other institutional investors own 77.34% of the company’s stock.

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.