Constellation Brands (NYSE:STZ) Price Target Raised to $136.00

by · The Cerbat Gem

Constellation Brands (NYSE:STZ – Free Report) had its price objective upped by JPMorgan Chase & Co. from $133.00 to $136.00 in a research report sent to investors on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also recently commented on STZ. TD Cowen cut their target price on shares of Constellation Brands from $174.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, September 17th. The Goldman Sachs Group set a $155.00 price objective on Constellation Brands in a research note on Wednesday. Sanford C. Bernstein decreased their target price on Constellation Brands from $197.00 to $180.00 and set an “outperform” rating on the stock in a research report on Monday, September 28th. Jefferies Financial Group dropped their price target on Constellation Brands from $147.00 to $135.00 and set a “hold” rating for the company in a research report on Monday, September 14th. Finally, Bank of America decreased their price objective on Constellation Brands from $152.00 to $145.00 and set an “underperform” rating on the stock in a report on Thursday, July 2nd. Twelve analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $153.09.

View Our Latest Analysis on STZ

Constellation Brands Stock Performance

Shares of STZ stock opened at $122.42 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.48 and a debt-to-equity ratio of 1.02. Constellation Brands has a 12-month low of $110.60 and a 12-month high of $168.60. The business’s 50 day moving average is $125.74 and its two-hundred day moving average is $138.11. The company has a market capitalization of $20.91 billion, a P/E ratio of 10.98, a P/E/G ratio of 2.43 and a beta of 0.44.

Constellation Brands (NYSE:STZ – Get Free Report) last announced its earnings results on Tuesday, October 6th. The company reported $3.74 earnings per share for the quarter, topping the consensus estimate of $3.62 by $0.12. Constellation Brands had a return on equity of 24.75% and a net margin of 19.57%. The business had revenue of $2.63 billion during the quarter, compared to the consensus estimate of $2.54 billion. During the same period in the prior year, the company posted $3.63 EPS. The business’s quarterly revenue was up 6.1% on a year-over-year basis. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Analysts expect that Constellation Brands will post 11.85 EPS for the current fiscal year.

Constellation Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, October 30th. Constellation Brands’s dividend payout ratio (DPR) is currently 36.95%.

Institutional Trading of Constellation Brands

Several large investors have recently added to or reduced their stakes in STZ. Nykredit A S acquired a new stake in shares of Constellation Brands in the 2nd quarter worth $83,687,000. Van ECK Associates Corp grew its holdings in shares of Constellation Brands by 11.0% in the fourth quarter. Van ECK Associates Corp now owns 2,397,275 shares of the company’s stock valued at $330,728,000 after purchasing an additional 237,073 shares during the period. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in Constellation Brands during the second quarter worth about $31,582,000. Assenagon Asset Management S.A. raised its stake in Constellation Brands by 197.7% during the second quarter. Assenagon Asset Management S.A. now owns 338,172 shares of the company’s stock worth $47,036,000 after purchasing an additional 224,578 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Constellation Brands by 18.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,268,672 shares of the company’s stock valued at $175,026,000 after purchasing an additional 200,555 shares during the last quarter. 77.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Constellation Brands

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

  • Positive Sentiment: Constellation Brands reported fiscal second-quarter revenue of approximately $2.63 billion and comparable EPS of $3.74, exceeding Wall Street estimates of $2.54 billion and $3.62, respectively. Beer net sales increased 5%, while wine and spirits sales rose 17%. STZ Q3 CY2026 Deep Dive
  • Positive Sentiment: Management reaffirmed fiscal 2027 comparable EPS guidance of $11.20 to $11.90 and cited improving September depletion trends, healthier inventories, stronger marketing execution and better beer demand. Investors are hopeful earnings could reach the upper end of the range. STZ Q2 Earnings Call Highlights
  • Positive Sentiment: The company agreed to acquire ready-to-drink brand SpikedAde for $75 million. The deal expands Constellation’s exposure to flavored, convenience-focused alcoholic beverages and newer drinking occasions. SpikedAde Acquisition
  • Neutral Sentiment: Analyst views remain mixed. JPMorgan raised its target to $136 while maintaining a neutral rating, and Freedom Broker upgraded the stock to buy with a $158 target. Needham and Morgan Stanley retained constructive or neutral ratings but reduced their targets.
  • Negative Sentiment: Full-year revenue guidance of roughly $9 billion at the midpoint was below analyst expectations, reinforcing concerns that consumer demand for beer remains uneven. Questions persist around the durability of the turnaround, particularly for core brands such as Modelo and Corona, while increased marketing spending could pressure margins. Beer Demand Concerns
  • Positive Sentiment: After a roughly 42% three-year decline, STZ appears inexpensive relative to its earnings power, with a low-teens price-to-earnings multiple and substantial analyst upside. That valuation is supporting a contrarian case, although investors may wait for clearer evidence of sustained volume growth.

About Constellation Brands

(Get Free Report)

Constellation Brands, Inc is a beverage alcohol company that develops, markets and distributes beer, wine and spirits. Its portfolio includes well-known beer brands such as Modelo Especial, Corona Extra, Corona Light and Pacifico, along with wine brands including Robert Mondavi, Kim Crawford, Meiomi, The Prisoner Wine Company and Ruffino.

The company also offers spirits through brands such as Casa Noble tequila and High West whiskey. Constellation’s products are sold through retailers, distributors, restaurants and other on-premise locations, with a primary focus on the United States.

Recommended Stories