CIBC Asset Management Inc Acquires 12,036 Shares of Constellation Brands Inc $STZ

07 Jun 2026, 08:19 by Kim Johansen · The Markets Daily

CIBC Asset Management Inc increased its holdings in shares of Constellation Brands Inc (NYSE:STZ – Free Report) by 54.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,314 shares of the company’s stock after buying an additional 12,036 shares during the quarter. CIBC Asset Management Inc’s holdings in Constellation Brands were worth $4,734,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of STZ. Oppenheimer Asset Management Inc. raised its position in Constellation Brands by 329.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 73,323 shares of the company’s stock valued at $9,874,000 after purchasing an additional 56,263 shares during the last quarter. Nordea Investment Management AB raised its position in 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 last quarter. LSV Asset Management bought a new position in Constellation Brands in the third quarter valued at about $33,018,000. Diamond Hill Capital Management Inc. raised its position in Constellation Brands by 97.3% in the third quarter. Diamond Hill Capital Management Inc. now owns 242,171 shares of the company’s stock valued at $32,613,000 after purchasing an additional 119,400 shares during the last quarter. Finally, Caprock Group LLC bought a new position in Constellation Brands in the third quarter valued at about $1,451,000. 77.34% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP James O. Bourdeau sold 4,407 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total transaction of $631,258.68. Following the completion of the transaction, the executive vice president directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 12.45% of the stock is owned by company insiders.

Constellation Brands Price Performance

Shares of STZ opened at $141.11 on Friday. Constellation Brands Inc has a 1 year low of $126.45 and a 1 year high of $178.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 0.55. The company has a market capitalization of $24.30 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 3.26 and a beta of 0.39. The business has a 50-day moving average of $150.69 and a 200-day moving average of $149.41.

Constellation Brands (NYSE:STZ – Get Free Report) last issued its quarterly earnings data on Wednesday, April 8th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.19. Constellation Brands had a return on equity of 26.18% and a net margin of 17.29%.The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the company earned $2.63 earnings per share. The firm’s revenue was down 11.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Constellation Brands Inc will post 11.87 earnings per share for the current year.

Constellation Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Wednesday, April 29th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.9%. This is a positive change from Constellation Brands’s previous quarterly dividend of $1.02. The ex-dividend date was Wednesday, April 29th. Constellation Brands’s dividend payout ratio is 42.96%.

Analysts Set New Price Targets

Several research firms have commented on STZ. Deutsche Bank Aktiengesellschaft increased their target price on Constellation Brands from $154.00 to $155.00 and gave the company a “hold” rating in a research report on Friday, April 10th. Roth Mkm reiterated a “buy” rating on shares of Constellation Brands in a research report on Thursday, April 9th. Citigroup reiterated a “buy” rating on shares of Constellation Brands in a research report on Monday, May 18th. JPMorgan Chase & Co. increased their target price on Constellation Brands from $155.00 to $163.00 and gave the company a “neutral” rating in a research report on Wednesday, April 1st. Finally, Bank of America dropped their target price on Constellation Brands from $154.00 to $152.00 and set an “underperform” rating for the company in a research report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.26.

Check Out Our Latest Stock Analysis on STZ

Constellation Brands Company Profile

(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.