Rockefeller Capital Management L.P. Sells 11,545 Shares of Constellation Brands Inc $STZ

Posted by Geri Gentry on Jun 28th, 2026

Rockefeller Capital Management L.P. lowered its stake in shares of Constellation Brands Inc (NYSE:STZ – Free Report) by 30.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,264 shares of the company’s stock after selling 11,545 shares during the period. Rockefeller Capital Management L.P.’s holdings in Constellation Brands were worth $3,623,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of STZ. Capital World Investors grew its holdings in Constellation Brands by 8.3% during the fourth quarter. Capital World Investors now owns 7,238,575 shares of the company’s stock valued at $998,740,000 after purchasing an additional 553,974 shares during the period. State Street Corp increased its holdings in Constellation Brands by 5.0% in the 4th quarter. State Street Corp now owns 6,911,369 shares of the company’s stock worth $953,492,000 after acquiring an additional 329,337 shares during the last quarter. Capital International Investors raised its stake in Constellation Brands by 48.5% in the 4th quarter. Capital International Investors now owns 6,442,600 shares of the company’s stock valued at $888,930,000 after acquiring an additional 2,105,546 shares during the period. Wellington Management Group LLP raised its stake in Constellation Brands by 14.0% in the 4th quarter. Wellington Management Group LLP now owns 6,018,653 shares of the company’s stock valued at $830,333,000 after acquiring an additional 739,393 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Constellation Brands by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 3,739,549 shares of the company’s stock valued at $513,871,000 after purchasing an additional 54,184 shares during the last quarter. 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:

Positive Sentiment: RBC said Constellation Brands is likely to post in-line quarterly results and reiterated its outlook, which suggests the company may be on track heading into earnings. Constellation Brands Likely to Report In-Line Quarterly Results, Reiterate Outlook, RBC Says
Positive Sentiment: TD Cowen reaffirmed its buy rating and set a $174 price target, implying meaningful upside from recent trading levels. Benzinga analyst update
Positive Sentiment: Needham also reaffirmed a buy rating and raised its price target to $185, signaling continued confidence in the company’s long-term earnings potential. Benzinga analyst update

Wall Street Analyst Weigh In

A number of brokerages have weighed in on STZ. UBS Group cut their target price on shares of Constellation Brands from $186.00 to $175.00 and set a “buy” rating for the company in a research report on Wednesday, June 17th. Piper Sandler boosted their price target on shares of Constellation Brands from $146.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, April 10th. Citigroup restated a “buy” rating on shares of Constellation Brands in a research note on Monday, May 18th. Barclays raised their price objective on shares of Constellation Brands from $151.00 to $170.00 and gave the stock an “equal weight” rating in a report on Friday, April 10th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Constellation Brands from $168.00 to $169.00 and gave the company a “neutral” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Constellation Brands has an average rating of “Moderate Buy” and a consensus price target of $173.00.

Get Our Latest Analysis on Constellation Brands

Constellation Brands Stock Up 1.3%

Shares of NYSE STZ opened at $146.37 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 1.16. The company has a market cap of $25.20 billion, a P/E ratio of 15.26, a P/E/G ratio of 4.29 and a beta of 0.39. Constellation Brands Inc has a 52 week low of $126.45 and a 52 week high of $178.13. The business has a 50-day simple moving average of $146.88 and a two-hundred day simple moving average of $150.29.

Constellation Brands (NYSE:STZ – Get Free Report) last announced its quarterly earnings results on Wednesday, April 8th. The company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.19. Constellation Brands had a return on equity of 26.18% and a net margin of 17.29%.The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.84 billion. During the same period in the prior year, the business posted $2.63 earnings per share. The company’s revenue was down 11.3% on a year-over-year basis. Research analysts anticipate that Constellation Brands Inc will post 11.77 earnings per share for the current fiscal year.

Constellation Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Wednesday, April 29th were paid a dividend of $1.03 per share. This is an increase from Constellation Brands’s previous quarterly dividend of $1.02. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, April 29th. 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 company’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 transaction of $631,258.68. Following the sale, the executive vice president owned 9,109 shares of the company’s stock, valued at approximately $1,304,773.16. This represents a 32.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 12.20% of the company’s stock.

Constellation Brands 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.