CocaCola Company (The) $KO Position Increased by BCS Wealth Management

BCS Wealth Management raised its holdings in shares of CocaCola Company (The) (NYSE:KO) by 103.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,340 shares of the company’s stock after acquiring an additional 10,348 shares during the period. BCS Wealth Management’s holdings in CocaCola were worth $1,422,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd raised its stake in CocaCola by 82.3% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock valued at $3,296,000 after acquiring an additional 22,444 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in CocaCola by 2.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,051,957 shares of the company’s stock valued at $136,086,000 after acquiring an additional 57,407 shares in the last quarter. Nicola Wealth Management LTD. raised its stake in shares of CocaCola by 42.3% in the 3rd quarter. Nicola Wealth Management LTD. now owns 185,000 shares of the company’s stock worth $12,269,000 after buying an additional 55,000 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of CocaCola by 1.9% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,408,798 shares of the company’s stock worth $690,311,000 after buying an additional 198,886 shares in the last quarter. Finally, Yeomans Consulting Group Inc. raised its stake in shares of CocaCola by 88.9% in the 3rd quarter. Yeomans Consulting Group Inc. now owns 69,020 shares of the company’s stock worth $4,609,000 after buying an additional 32,478 shares in the last quarter. Institutional investors own 70.26% of the company’s stock.

Insider Buying and Selling at CocaCola

In other news, CFO John Murphy sold 99,437 shares of CocaCola stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the transaction, the chief financial officer owned 410,550 shares in the company, valued at approximately $33,016,431. The trade was a 19.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO James Quincey sold 337,824 shares of CocaCola 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 owned 342,546 shares in the company, valued at $26,410,296.60. This represents a 49.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 892,925 shares of company stock valued at $70,254,796 in the last ninety days. Company insiders own 0.90% of the company’s stock.

CocaCola Stock Down 0.7%

Shares of CocaCola stock opened at $75.91 on Wednesday. The stock’s fifty day moving average is $77.67 and its 200-day moving average is $72.78. The firm has a market capitalization of $326.73 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 3.23 and a beta of 0.36. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.00.

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

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were issued a dividend of $0.53 per share. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, March 13th. CocaCola’s dividend payout ratio is presently 69.74%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Truist Financial set a $85.00 price objective on CocaCola in a research note on Wednesday, February 11th. Barclays boosted their price objective on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. TD Cowen reissued a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Finally, JPMorgan Chase & Co. boosted their price objective on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $85.00.

CocaCola Profile

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.