Stratos Wealth Partners LTD. Sells 8,047 Shares of CocaCola Company (The) $KO

Stratos Wealth Partners LTD. cut its holdings in shares of CocaCola Company (The) (NYSE:KOFree Report) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 121,665 shares of the company’s stock after selling 8,047 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in CocaCola were worth $8,506,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Stratos Wealth Advisors LLC boosted its stake in shares of CocaCola by 1.2% in the 4th quarter. Stratos Wealth Advisors LLC now owns 25,401 shares of the company’s stock valued at $1,776,000 after purchasing an additional 291 shares in the last quarter. Stratos Investment Management LLC grew its holdings in shares of CocaCola by 13.3% during the 4th quarter. Stratos Investment Management LLC now owns 36,673 shares of the company’s stock valued at $2,564,000 after purchasing an additional 4,295 shares during the last quarter. Perpetual Ltd raised its position in CocaCola by 24.6% in the 4th quarter. Perpetual Ltd now owns 22,946 shares of the company’s stock worth $1,604,000 after purchasing an additional 4,529 shares during the period. Investment Research & Advisory Group Inc. raised its position in CocaCola by 4.4% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 4,269 shares of the company’s stock worth $301,000 after purchasing an additional 180 shares during the period. Finally, Red Door Wealth Management LLC lifted its stake in CocaCola by 3.1% in the fourth quarter. Red Door Wealth Management LLC now owns 13,487 shares of the company’s stock worth $943,000 after purchasing an additional 410 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

CocaCola Price Performance

KO stock opened at $76.68 on Friday. The firm’s 50-day moving average price is $77.30 and its two-hundred day moving average price is $72.22. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.00. The stock has a market capitalization of $330.03 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 3.24 and a beta of 0.36. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23.

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

CocaCola Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were issued a $0.53 dividend. This is an increase from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, March 13th. This represents a $2.12 annualized dividend and a yield of 2.8%. CocaCola’s dividend payout ratio (DPR) is 69.74%.

Insiders Place Their Bets

In other news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the sale, the executive vice president directly owned 17,725 shares in the company, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Nancy Quan sold 23,556 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total value of $1,872,702.00. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at $17,754,735. This trade represents a 9.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 892,925 shares of company stock worth $70,254,796. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. TD Cowen restated a “buy” rating on shares of CocaCola in a research report on Wednesday, February 11th. Jefferies Financial Group boosted their target price on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Citigroup increased their target price on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Barclays raised their price target on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, Wells Fargo & Company lifted their price target on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $84.80.

View Our Latest Analysis on CocaCola

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CocaCola Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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