Calamos Advisors LLC Lowers Stock Holdings in CocaCola Company (The) $KO

Calamos Advisors LLC reduced its position in CocaCola Company (The) (NYSE:KO) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 971,974 shares of the company’s stock after selling 23,663 shares during the quarter. Calamos Advisors LLC’s holdings in CocaCola were worth $67,951,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vestia Personal Wealth Advisors increased its stake in CocaCola by 3.8% during the 4th quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after buying an additional 140 shares during the period. Apexium Financial LP boosted its position in CocaCola by 1.2% in the 3rd quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock valued at $810,000 after buying an additional 142 shares during the period. Prosperity Financial Group Inc. boosted its position in CocaCola by 3.9% in the 3rd quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company’s stock valued at $262,000 after buying an additional 148 shares during the period. Ashton Thomas Securities LLC grew its stake in shares of CocaCola by 1.2% in the third quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company’s stock worth $835,000 after acquiring an additional 149 shares in the last quarter. Finally, Capital Management Associates Inc increased its position in shares of CocaCola by 4.0% during the third quarter. Capital Management Associates Inc now owns 3,915 shares of the company’s stock worth $260,000 after acquiring an additional 150 shares during the period. Institutional investors and hedge funds 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 the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the sale, the chief financial officer directly owned 410,550 shares of the company’s stock, valued at approximately $33,016,431. This represents a 19.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction dated 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 sale, the executive vice president owned 17,725 shares of the company’s stock, valued at $1,371,383.25. This trade represents a 57.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 892,925 shares of company stock valued at $70,254,796. 0.90% of the stock is owned by company insiders.

CocaCola Stock Performance

Shares of KO stock opened at $76.66 on Friday. The stock’s 50-day moving average is $77.23 and its two-hundred day moving average is $73.21. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.46. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.00. The firm has a market cap of $329.95 billion, a price-to-earnings ratio of 25.22, a PEG ratio of 3.22 and a beta of 0.36.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $11.82 billion during the quarter, compared to analysts’ expectations of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Analysts predict that CocaCola Company will post 3.23 earnings per share for the current year.

CocaCola Increases Dividend

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on KO shares. TD Cowen reiterated a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 target price on CocaCola in a research note on Wednesday, February 11th. Morgan Stanley set a $88.00 price target on CocaCola in a report on Wednesday, March 11th. UBS Group increased their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Fifteen investment analysts have rated the stock with a Buy rating, According to MarketBeat, CocaCola currently has an average rating of “Buy” and an average target price of $85.00.

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.