Evergreen Capital Management LLC boosted its position in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 18.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,019 shares of the company’s stock after buying an additional 7,736 shares during the period. Evergreen Capital Management LLC’s holdings in CocaCola were worth $3,497,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in CocaCola during the second quarter valued at approximately $26,000. Marquette Asset Management LLC bought a new position in CocaCola during the third quarter valued at approximately $27,000. Cloud Capital Management LLC bought a new position in CocaCola during the third quarter valued at approximately $27,000. Daytona Street Capital LLC bought a new position in CocaCola during the fourth quarter valued at $29,000. Finally, Redmont Wealth Advisors LLC bought a new position in CocaCola during the third quarter valued at $30,000. 70.26% of the stock is owned by institutional investors.
Insider Activity at CocaCola
In other CocaCola news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the sale, the executive vice president directly owned 17,725 shares of the company’s stock, valued at $1,371,383.25. The trade was a 57.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John Murphy sold 72,449 shares of CocaCola stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total value of $5,833,593.48. Following the sale, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 892,925 shares of company stock worth $70,254,796 over the last ninety days. 0.90% of the stock is currently owned by company insiders.
CocaCola Price Performance
CocaCola (NYSE:KO – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The company had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same quarter last year, the business posted $0.55 EPS. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, sell-side analysts predict that CocaCola Company will post 3.23 earnings per share for the current year.
CocaCola Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, March 13th. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s dividend payout ratio (DPR) is 69.74%.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Truist Financial set a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. JPMorgan Chase & Co. raised their price objective 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 raised their price objective on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Finally, Jefferies Financial Group raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Fifteen equities 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.
Trending Headlines about CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Analysts expect a resilient Q1: UBS and other outlets project roughly $0.81 EPS for Q1, signaling steady demand and the potential for an earnings beat that could support the stock. Coca‑Cola Q1 earnings set to show resilience amid uncertain backdrop
- Positive Sentiment: Institutional interest: reports that Steve Cohen’s Point72 has been aggressively buying certain names (including KO in coverage) suggest smart‑money conviction that could provide upside momentum. Steve Cohen’s Point72 Is Aggressively Buying These 3 Stocks. Here’s Why They’re Worth A Closer Look
- Positive Sentiment: Strategic shift and pricing power: coverage highlights Coca‑Cola’s pivot from a pure dividend narrative toward growth initiatives and consistent pricing (roughly +4% pricing actions), supporting margins in a cost‑inflation environment. That reinforces medium‑term earnings durability. Forget the Dividend Narrative. Coca‑Cola Has Quietly Pivoted Its Growth Strategy.
- Neutral Sentiment: Consensus expectations: multiple outlets (Zacks, Yahoo) flag that Wall Street broadly expects modest earnings growth next week — this sets a low bar but also raises sensitivity to any revenue or margin miss. Coca‑Cola (KO) Reports Next Week: Wall Street Expects Earnings Growth
- Neutral Sentiment: Pricing strategy under scrutiny: analysts note KO is leaning on price increases and value offers to offset volume pressure — sustainable if consumers accept prices, but a risk if lower‑income consumers pull back. Coca‑Cola’s Pricing Strategy: Sustainable in a Softening Market?
- Negative Sentiment: Near‑term selling pressure: market reports show KO has fallen more steeply than the broader market today, reflecting profit‑taking, cautious positioning ahead of the earnings release, and sensitivity to short‑term macro news. Coca‑Cola (KO) Falls More Steeply Than Broader Market: What Investors Need to Know
CocaCola Company 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.
See Also
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