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Earl Blumenauer trades in corporate and government securities

Published 06/11/2024, 17:14
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Earl Blumenauer, the congressional representative of Oregon's 3rd district, has made a series of trades as part of his spouse's retirement portfolio, according to a recent congressional trade report. The transactions involved corporate securities and government securities, including stocks from Constellation Brands (NYSE:STZ) and UnitedHealth Group (NYSE:NYSE:UNH), as well as US Treasury notes.

Blumenauer purchased corporate securities from Constellation Brands, with a maturity date of August 1, 2031. The transaction, which took place on October 11, 2024, was valued between $15,001 and $50,000.

On the same day, Blumenauer sold corporate securities from UnitedHealth Group. The securities had a maturity date of 2025 and were also valued between $15,001 and $50,000.

Additionally, Blumenauer purchased several government securities. On October 21, 2024, he bought US Treasury notes with maturity dates of March 31, 2029, and April 30, 2031, each valued between $15,001 and $50,000. He also purchased US Treasury bills due on February 4, 2025, and April 10, 2025, on October 15, 2024. These transactions were also valued between $15,001 and $50,000 each.

All of these transactions are part of Blumenauer's spouse's retirement portfolio. As a congressional representative, Blumenauer is required to disclose these transactions to ensure transparency and compliance with the STOCK Act.

InvestingPro Insights

As Congressman Blumenauer's portfolio adjustments include Constellation Brands (NYSE:STZ), it's worth examining some key financial metrics for this company. According to InvestingPro data, Constellation Brands has a market capitalization of $41.45 billion and has demonstrated a revenue growth of 4.14% over the last twelve months as of Q2 2025. This growth, albeit modest, suggests the company is maintaining its market position.

An InvestingPro Tip highlights that Constellation Brands has raised its dividend for 10 consecutive years, indicating a commitment to shareholder returns. This consistent dividend growth, coupled with a current dividend yield of 1.7%, may have factored into Blumenauer's decision to include STZ in the retirement portfolio.

Another relevant InvestingPro Tip notes that Constellation Brands is trading near its 52-week low. This could potentially represent a value opportunity, aligning with a long-term investment strategy often employed in retirement portfolios.

It's worth noting that InvestingPro offers additional insights, with 7 more tips available for Constellation Brands. Investors looking for a more comprehensive analysis might find these additional tips valuable for their investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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