North Dakota State Investment Board Acquires Shares of 4,957 Constellation Brands Inc $STZ

22 May 2026, 05:35 by Scott Moore · The Cerbat Gem

North Dakota State Investment Board bought a new stake in shares of Constellation Brands Inc (NYSE:STZ – Free Report) during the fourth quarter, HoldingsChannel reports. The firm bought 4,957 shares of the company’s stock, valued at approximately $684,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Constellation Brands by 23.0% in the fourth quarter. Brighton Jones LLC now owns 1,001 shares of the company’s stock worth $221,000 after purchasing an additional 187 shares during the period. Woodline Partners LP bought a new stake in shares of Constellation Brands in the 1st quarter worth approximately $2,409,000. Cary Street Partners Financial LLC boosted its position in shares of Constellation Brands by 69.9% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,026 shares of the company’s stock worth $167,000 after purchasing an additional 422 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of Constellation Brands by 3.6% in the 2nd quarter. Bank of Nova Scotia now owns 17,347 shares of the company’s stock worth $2,822,000 after buying an additional 599 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its position in Constellation Brands by 5.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 23,732 shares of the company’s stock valued at $3,861,000 after buying an additional 1,127 shares in the last quarter. 77.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Needham & Company LLC boosted their target price on Constellation Brands from $180.00 to $185.00 and gave the stock a “buy” rating in a report on Friday, April 10th. JPMorgan Chase & Co. lifted their price target on Constellation Brands from $155.00 to $163.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 1st. Citigroup reiterated a “buy” rating on shares of Constellation Brands in a research note on Monday. Wells Fargo & Company lifted their target price on shares of Constellation Brands from $180.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $185.00 price target on shares of Constellation Brands in a report on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $175.37.

View Our Latest Stock Report on STZ

Constellation Brands Trading Down 0.2%

Constellation Brands stock opened at $150.86 on Friday. Constellation Brands Inc has a one year low of $126.45 and a one year high of $186.40. The business’s fifty day moving average is $152.74 and its 200 day moving average is $148.60. The stock has a market capitalization of $25.98 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 3.32 and a beta of 0.43. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.08 and a quick ratio of 0.55.

Constellation Brands (NYSE:STZ – Get Free Report) last issued its earnings results on Wednesday, April 8th. The company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.19. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.84 billion. Constellation Brands had a return on equity of 26.18% and a net margin of 17.29%.Constellation Brands’s revenue was down 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.63 EPS. On average, sell-side analysts predict that Constellation Brands Inc will post 11.9 EPS 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 issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Wednesday, April 29th. This is a positive change from Constellation Brands’s previous quarterly dividend of $1.02. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. Constellation Brands’s dividend payout ratio is presently 42.96%.

Insiders Place Their Bets

In related news, EVP James O. Bourdeau sold 4,407 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $143.24, for a total value of $631,258.68. Following the sale, the executive vice president owned 9,109 shares in the company, valued at approximately $1,304,773.16. This trade represents a 32.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 12.45% of the stock is currently owned by company insiders.

About Constellation Brands

(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.