The Manufacturers Life Insurance Company Reduces Stock Holdings in Constellation Brands Inc $STZ

Posted by Stanley Muller on Aug 4th, 2026

The Manufacturers Life Insurance Company lowered its holdings in Constellation Brands Inc (NYSE:STZ – Free Report) by 5.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 75,915 shares of the company’s stock after selling 4,592 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Constellation Brands were worth $11,387,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in STZ. Hudson Edge Investment Partners Inc. grew its holdings in Constellation Brands by 36.1% during the fourth quarter. Hudson Edge Investment Partners Inc. now owns 48,062 shares of the company’s stock worth $6,631,000 after acquiring an additional 12,746 shares during the period. Swiss Life Asset Management Ltd lifted its holdings in Constellation Brands by 99.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 38,489 shares of the company’s stock valued at $5,310,000 after acquiring an additional 19,161 shares during the period. OLD Republic International Corp boosted its position in Constellation Brands by 76.7% in the 4th quarter. OLD Republic International Corp now owns 193,500 shares of the company’s stock worth $26,695,000 after purchasing an additional 84,000 shares in the last quarter. Swedbank AB boosted its position in Constellation Brands by 108.1% in the 4th quarter. Swedbank AB now owns 63,055 shares of the company’s stock worth $8,699,000 after purchasing an additional 32,757 shares in the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Constellation Brands during the 4th quarter worth approximately $14,639,000. Hedge funds and other institutional investors own 77.34% of the company’s stock.

Insider Activity at Constellation Brands

In other news, EVP James O. Bourdeau sold 4,407 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total value of $631,258.68. Following the transaction, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 12.20% of the stock is owned by insiders.

Constellation Brands Stock Performance

STZ opened at $131.27 on Tuesday. The firm’s fifty day simple moving average is $137.28 and its two-hundred day simple moving average is $148.58. Constellation Brands Inc has a 52-week low of $126.45 and a 52-week high of $174.32. The company has a market cap of $22.42 billion, a price-to-earnings ratio of 12.53, a PEG ratio of 4.05 and a beta of 1.75. The company has a quick ratio of 0.48, a current ratio of 0.91 and a debt-to-equity ratio of 1.06.

Constellation Brands (NYSE:STZ – Get Free Report) last released its earnings results on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing analysts’ consensus estimates of $3.70 by ($0.27). The company had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.39 billion. Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $3.22 EPS. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. Equities analysts anticipate that Constellation Brands Inc will post 11.84 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, July 30th will be issued a dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, July 30th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.1%. Constellation Brands’s dividend payout ratio is presently 39.31%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on STZ. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Constellation Brands in a report on Friday. Piper Sandler restated a “neutral” rating and set a $160.00 price target on shares of Constellation Brands in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Constellation Brands from $155.00 to $150.00 and set a “hold” rating on the stock in a research report on Thursday, July 2nd. BMO Capital Markets reiterated an “outperform” rating and issued a $190.00 price objective on shares of Constellation Brands in a research report on Thursday, July 2nd. Finally, Freedom Capital lowered shares of Constellation Brands from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Eleven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $167.53.

Check Out Our Latest Research Report on Constellation Brands

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.

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.