constellation brands is a leading international producer and marketer of beer, wine and spirits with operations in the u.s., canada, mexico, new zealand and italy. constellation is the third-largest producer and marketer of beer for the u.s. market and the world's leading premium wine company with a leading market position in the u.s., canada and new zealand. constellation's wine portfolio is complemented by select premium spirits brands. constellation's brand portfolio includes corona extra, corona light, modelo especial, negra modelo, pacifico, robert mondavi, clos du bois, kim crawford, rex goliath, mark west, franciscan estate, ruffino, jackson-triggs, svedka vodka and black velvet canadian whisky. based in victor, n.y., the company believes that industry leadership involves a commitment to brand-building, our trade partners, the environment, our investors and to consumers around the world who choose our products when celebrating big moments or enjoying quiet ones. founded in 1
Company profile
Ticker
STZ, STZ-MM
Exchange
Website
CEO
William Newlands
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CANANDAIGUA BRANDS INC, CANANDAIGUA WINE CO INC, CONSTELLATION BRANDS INC
SEC CIK
Corporate docs
Subsidiaries
ALCOFI Inc. • Allberry, Inc. • Austin Cocktails Investments, LLC • BC Tenedora Inmobiliaria, S. de R.L. de C.V. • Bebidas Espirituosas Constellation Mexico • Canandaigua Limited • CB Blue Holdings LLC • CB Brand Strategies, LLC • CB Brand Strategies II, LLC • CB Brandy LLC ...
IRS number
160716709
STZ stock data
Latest filings (excl ownership)
8-K
Constellation Brands Announces Conversion of Common Shares and Exchange of Promissory Note into Exchangeable Shares of Canopy Growth Corporation
18 Apr 24
8-K
Exceeds Fiscal 2024 EPS Outlook as Beer Business Outperforms Growth Expectations
11 Apr 24
8-K
Constellation Brands Appoints Sam Glaetzer
11 Mar 24
8-K
Departure of Directors or Certain Officers
20 Feb 24
8-K
Other Events
11 Jan 24
8-K
Other Events
10 Jan 24
424B2
Prospectus for primary offering
10 Jan 24
FWP
Free writing prospectus
9 Jan 24
8-K
Constellation Brands Prices
9 Jan 24
424B3
Prospectus supplement
9 Jan 24
Transcripts
STZ
Earnings call transcript
2024 Q4
11 Apr 24
STZ
Earnings call transcript
2024 Q3
5 Jan 24
STZ
Earnings call transcript
2024 Q2
5 Oct 23
STZ
Earnings call transcript
2024 Q1
30 Jun 23
STZ
Earnings call transcript
2023 Q4
5 Apr 23
STZ
Earnings call transcript
2023 Q3
5 Jan 23
STZ
Earnings call transcript
2023 Q2
6 Oct 22
STZ
Earnings call transcript
2023 Q1
30 Jun 22
STZ
Earnings call transcript
2023 Q1
30 Jun 22
STZ
Earnings call transcript
2022 Q4
7 Apr 22
Latest ownership filings
4
James A. Jr. Sabia
16 Apr 24
144
Notice of proposed sale of securities
12 Apr 24
144
Notice of proposed sale of securities
12 Apr 24
4
Mallika Monteiro
11 Apr 24
4
Samuel J Glaetzer
11 Apr 24
4
Garth Hankinson
11 Apr 24
4
James A. Jr. Sabia
11 Apr 24
4
James O. Bourdeau
11 Apr 24
4
William A Newlands
11 Apr 24
4
Michael McGrew
11 Apr 24
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
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Diluted EPS |
Annual (USD) | Feb 23 | Feb 22 | Feb 21 | Feb 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 78.70 mm | 78.70 mm | 78.70 mm | 78.70 mm | 78.70 mm | 78.70 mm |
Cash burn (monthly) | 1.53 mm | 8.86 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.13 mm | 41.20 mm | n/a | n/a | n/a | n/a |
Cash remaining | 71.57 mm | 37.50 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 46.7 | 4.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
64.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1033 |
Opened positions | 111 |
Closed positions | 287 |
Increased positions | 389 |
Reduced positions | 373 |
13F shares | Current |
---|---|
Total value | 22.11 tn |
Total shares | 117.46 mm |
Total puts | 417.71 k |
Total calls | 565.41 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Sands Richard Et Al | 20.49 mm | $4.63 bn |
Vanguard | 13.24 mm | $3.20 tn |
Capital International Investors | 8.38 mm | $2.03 tn |
Capital World Investors | 8.32 mm | $2.01 tn |
STT State Street | 6.84 mm | $1.65 tn |
MS Morgan Stanley | 4.27 mm | $1.03 tn |
IVZ Invesco | 3.14 mm | $759.28 bn |
JPM JPMorgan Chase & Co. | 2.69 mm | $651.12 bn |
T. Rowe Price | 2.47 mm | $597.55 mm |
Capital Research Global Investors | 2.25 mm | $543.36 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 24 | Sabia James A. Jr. | Class A Common Stock | Sell | Dispose S | No | No | 263.6289 | 15,781 | 4.16 mm | 20,910 |
12 Apr 24 | Sabia James A. Jr. | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 8,110 | 0.00 | 36,691 |
12 Apr 24 | Sabia James A. Jr. | Class 1 (convertible) Common Stock Class A Common Stock | Conversion | Dispose C | No | No | 0 | 8,110 | 0.00 | 0 |
12 Apr 24 | Sabia James A. Jr. | Class 1 (convertible) Common Stock Class A Common Stock | Option exercise | Acquire M | No | No | 117.12 | 8,110 | 949.84 k | 8,110 |
12 Apr 24 | Sabia James A. Jr. | NQSO Class 1 (convertible) Common Stock | Option exercise | Dispose M | No | No | 117.12 | 8,110 | 949.84 k | 0 |
9 Apr 24 | Samuel J Glaetzer | Performance Share Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 292 | 0.00 | 292 |
9 Apr 24 | Garth Hankinson | Performance Share Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 1,251 | 0.00 | 1,251 |
9 Apr 24 | Sabia James A. Jr. | Performance Share Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 874 | 0.00 | 874 |
9 Apr 24 | Monteiro Mallika | Performance Share Units Class A Common Stock | Grant | Acquire A | No | No | 0 | 411 | 0.00 | 411 |
News
Cheers to Growth: Constellation Brands Gets Upgrade, Analyst Bullish on Beer Sales
15 Apr 24
Constellation Brands' Continued Beer Strength Offsets Its Wine And Spirits Weakness
15 Apr 24
This Analyst With 86% Accuracy Rate Sees Around 32% Upside In Western Digital - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
15 Apr 24
Barclays Maintains Overweight on Constellation Brands, Raises Price Target to $295
15 Apr 24
Argus Research Upgrades Constellation Brands to Buy, Announces $306 Price Target
15 Apr 24
Press releases
Constellation Brands Announces Conversion of Common Shares and Exchange of Promissory Note Into Exchangeable Shares of Canopy Growth Corporation
18 Apr 24
Constellation Brands Reports Fiscal Year and Fourth Quarter 2024 Financial Results and Fiscal Year 2025 Outlook
11 Apr 24
Constellation Brands Appoints Sam Glaetzer to Lead Company's Wine & Spirits Division
11 Mar 24
Constellation Brands to Report Full Fiscal Year and Fourth Quarter 2024 Financial Results; Host Conference Call April 11, 2024
7 Mar 24