STZ

LONGINSIDER SELL

CONSTELLATION BRANDS INC

Funds

Score

4.50

vs SPY

-23.2%

Stock return (since Q-end)

-6.8%

SPY return (since Q-end)

+16.3%

Current price

$138.82

News Summary

Negative

STZ beat Q4 earnings ($1.90 adj. EPS vs. $1.72 expected) but reported 10% full-year revenue decline and 14% comparable EPS decline, with subdued demand and withdrawal of FY2028 guidance signaling significant near-term headwinds. New CEO transition, tariff exposure ($20M impact in FY2026), and wine/spirits segment collapse (51% sales decline) create execution risk, though cost savings are ahead of schedule and the company maintains strong cash generation.

Red flags

•Full-year comparable EPS declined 14% ($11.82 vs. prior year) despite Q4 beat
•Net sales down 10% year-over-year ($9.14B)
•FY2028 guidance withdrawn; management cites 'limited near-term visibility' and 'subdued' demand
•Wine & Spirits segment net sales collapsed 51%; operating margin plummeted from 19.5% to 1.3%
•Beer shipments declined 3.8% despite depletion growth of only 0.6%
•CEO transition (Fink takes over April 13, 2026) triggered 8% stock drop and execution risk through FY2028
•Material tariff exposure ($20M in FY2026 alone from aluminum; broader Mexico/Italy/NZ tariff risks)
•FY2027 guidance nearly flat: enterprise organic sales (1)% to +1% with comparable EPS only $11.20–$11.90 (down from $11.82)

Funds Buying (3)

Fund	Manager	Shares Held	∆ Shares	Position Value	QoQ	Status
Point72	Steve Cohen	1.9M	+1.9M	$283.8B	—	NEW
Berkshire Hathaway	Warren Buffett	633K	+633K	$94.9B	—	NEW
Maverick Capital	Lee Ainslie	2K	+2K	$356M	—	NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.

Insider Activity

Name	Title	Type	Shares	Price	Value	Filed
Bourdeau James O.	EVP and Senior Advisor	SELL	4K	$143.24	$0.63M	2026-05-12
Hernandez Ernesto M	—	SELL	2K	$153.91	$0.31M	2026-04-27