Clear Trail Advisors LLC Acquires New Position in CocaCola Company (The) $KO

Clear Trail Advisors LLC acquired a new stake in CocaCola Company (The) (NYSE:KO) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 42,154 shares of the company’s stock, valued at approximately $2,947,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of CocaCola by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 368,885,160 shares of the company’s stock valued at $24,464,464,000 after buying an additional 1,443,189 shares during the period. State Street Corp increased its stake in shares of CocaCola by 0.6% in the third quarter. State Street Corp now owns 165,858,003 shares of the company’s stock worth $11,083,296,000 after acquiring an additional 923,278 shares during the last quarter. Norges Bank purchased a new stake in shares of CocaCola during the second quarter worth $3,846,270,000. Franklin Resources Inc. raised its holdings in shares of CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after acquiring an additional 5,135,198 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in CocaCola by 2.8% during the third quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock valued at $1,860,395,000 after purchasing an additional 770,235 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Price Performance

NYSE KO opened at $75.12 on Tuesday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. The stock’s 50-day moving average is $76.50 and its two-hundred day moving average is $71.72. The firm has a market cap of $323.34 billion, a P/E ratio of 24.71, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.02. The company had revenue of $11.82 billion during the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The firm’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.8%. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. CocaCola’s dividend payout ratio is 69.74%.

Insider Activity at CocaCola

In related news, CEO James Quincey sold 337,824 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total value of $26,046,230.40. Following the transaction, the chief executive officer directly owned 342,546 shares in the company, valued at approximately $26,410,296.60. This trade represents a 49.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at $17,754,735. This trade represents a 9.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 892,925 shares of company stock valued at $70,254,796. 0.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on KO shares. Morgan Stanley set a $88.00 target price on CocaCola in a research note on Wednesday, March 11th. UBS Group raised their price target on CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. boosted their price target on CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Wells Fargo & Company increased their price objective on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $83.00 price objective on shares of CocaCola in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $84.60.

About CocaCola

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.