Constellation Brands (NYSE:STZ) Price Target Raised to $176.00

by · The Markets Daily

Constellation Brands (NYSE:STZFree Report) had its price objective increased by UBS Group from $168.00 to $176.00 in a report released on Wednesday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Constellation Brands in a research note on Wednesday, March 18th. Weiss Ratings upgraded Constellation Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, February 5th. Wells Fargo & Company set a $165.00 price target on Constellation Brands in a research report on Thursday, January 8th. Barclays lifted their price objective on shares of Constellation Brands from $147.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $180.00 price objective on shares of Constellation Brands in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Constellation Brands presently has an average rating of “Moderate Buy” and a consensus price target of $178.50.

Get Our Latest Stock Analysis on STZ

Constellation Brands Stock Down 0.1%

Shares of NYSE STZ opened at $151.03 on Wednesday. The firm’s 50-day moving average price is $154.81 and its 200-day moving average price is $144.76. The company has a current ratio of 1.34, a quick ratio of 0.70 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $26.19 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 0.42 and a beta of 1.75. Constellation Brands has a 12-month low of $126.45 and a 12-month high of $196.91.

Constellation Brands (NYSE:STZGet Free Report) last released its quarterly earnings results on Wednesday, January 7th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. Constellation Brands had a return on equity of 29.15% and a net margin of 11.08%.The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the business posted $3.25 earnings per share. The firm’s 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. On average, equities research analysts anticipate that Constellation Brands will post 13.5 EPS for the current fiscal year.

Constellation Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, January 29th were paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, January 29th. Constellation Brands’s dividend payout ratio (DPR) is currently 64.35%.

Hedge Funds Weigh In On Constellation Brands

Several hedge funds have recently bought and sold shares of STZ. Oppenheimer Asset Management Inc. lifted its holdings in Constellation Brands by 329.8% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 73,323 shares of the company’s stock valued at $9,874,000 after buying an additional 56,263 shares in the last quarter. Matrix Asset Advisors Inc. NY purchased a new stake in Constellation Brands in the 3rd quarter valued at about $5,236,000. Bayforest Capital Ltd grew its stake in Constellation Brands by 5,810.2% in the 3rd quarter. Bayforest Capital Ltd now owns 6,974 shares of the company’s stock worth $939,000 after acquiring an additional 6,856 shares in the last quarter. 1832 Asset Management L.P. bought a new position in Constellation Brands in the 2nd quarter worth about $2,057,000. Finally, Hudson Edge Investment Partners Inc. increased its position in shares of Constellation Brands by 22.7% during the third quarter. Hudson Edge Investment Partners Inc. now owns 35,316 shares of the company’s stock worth $4,756,000 after acquiring an additional 6,542 shares during the period. Institutional investors own 77.34% of the company’s stock.

Key Headlines Impacting Constellation Brands

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

About Constellation Brands

(Get Free Report)

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.

Featured Stories