CocaCola Company (The) $KO Shares Acquired by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lifted its stake in CocaCola Company (The) (NYSE:KO) by 42.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,845 shares of the company’s stock after buying an additional 9,435 shares during the period. Ausdal Financial Partners Inc.’s holdings in CocaCola were worth $2,112,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of CocaCola by 0.4% during the third quarter. Vanguard Group Inc. now owns 368,885,160 shares of the company’s stock worth $24,464,464,000 after purchasing an additional 1,443,189 shares in the last quarter. Norges Bank acquired a new stake in shares of CocaCola in the 2nd quarter valued at about $3,846,270,000. Franklin Resources Inc. grew its stake in CocaCola by 15.1% during the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after buying an additional 5,135,198 shares during the last quarter. Legal & General Group Plc grew its stake in CocaCola by 2.8% during the 3rd quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock worth $1,860,395,000 after buying an additional 770,235 shares during the last quarter. Finally, Invesco Ltd. increased its position in CocaCola by 5.5% during the third quarter. Invesco Ltd. now owns 26,721,843 shares of the company’s stock worth $1,772,193,000 after buying an additional 1,393,760 shares during the period. 70.26% of the stock is owned by hedge funds and other institutional investors.

CocaCola Trading Down 0.4%

Shares of KO stock opened at $77.34 on Monday. The company has a market capitalization of $332.61 billion, a P/E ratio of 25.44, a price-to-earnings-growth ratio of 3.24 and a beta of 0.35. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23. The business’s 50 day moving average is $75.64 and its two-hundred day moving average is $71.41. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.00.

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

CocaCola Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a $0.53 dividend. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. CocaCola’s dividend payout ratio (DPR) is 69.74%.

Wall Street Analysts Forecast Growth

KO has been the subject of a number of research reports. Evercore reiterated an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $83.00 target price on shares of CocaCola in a report on Thursday, January 29th. Truist Financial set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. TD Cowen reiterated a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Finally, Wells Fargo & Company raised their price objective on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the stock. According to MarketBeat, CocaCola presently has a consensus rating of “Buy” and an average price target of $84.40.

Insiders Place Their Bets

In related news, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 279,917 shares in the company, valued at $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bruno Pietracci sold 28,765 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 892,925 shares of company stock valued at $70,254,796. Corporate insiders own 0.97% of the company’s stock.

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.