Avanza Fonder AB Buys 31,428 Shares of CocaCola Company (The) $KO

Avanza Fonder AB raised its stake in shares of CocaCola Company (The) (NYSE:KO) by 7.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 442,184 shares of the company’s stock after purchasing an additional 31,428 shares during the quarter. CocaCola accounts for about 0.8% of Avanza Fonder AB’s investment portfolio, making the stock its 21st biggest position. Avanza Fonder AB’s holdings in CocaCola were worth $30,913,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of CocaCola by 13.3% in the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after buying an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC grew its position in CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after acquiring an additional 293 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in CocaCola during the first quarter worth $210,000. American Century Companies Inc. raised its stake in CocaCola by 13.5% during the second quarter. American Century Companies Inc. now owns 736,084 shares of the company’s stock worth $52,078,000 after acquiring an additional 87,714 shares in the last quarter. Finally, Titleist Asset Management LLC lifted its holdings in shares of CocaCola by 14.7% during the second quarter. Titleist Asset Management LLC now owns 7,933 shares of the company’s stock valued at $561,000 after acquiring an additional 1,019 shares during the period. Institutional investors own 70.26% of the company’s stock.

Insider Transactions at CocaCola

In other CocaCola news, CEO James Quincey sold 337,824 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the transaction, the chief executive officer owned 342,546 shares in the company, valued at approximately $26,410,296.60. This trade represents a 49.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 17,725 shares of the company’s stock, valued at $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 892,925 shares of company stock valued at $70,254,796. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on KO. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $83.00 target price on shares of CocaCola in a research note on Thursday, January 29th. Evercore reissued an “outperform” rating and set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. UBS Group lifted their target price on shares of CocaCola from $82.00 to $87.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company raised their price target on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $84.60.

CocaCola Trading Up 0.5%

KO opened at $75.12 on Tuesday. The firm has a 50 day simple moving average of $76.50 and a 200 day simple moving average of $71.72. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. The company has a market cap of $323.34 billion, a price-to-earnings ratio of 24.71, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25.

CocaCola (NYSE:KO) last announced its quarterly earnings data 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. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The firm had revenue of $11.82 billion for the quarter, compared to analysts’ expectations of $12.04 billion. During the same period last year, the firm earned $0.55 earnings per share. The business’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. On average, sell-side analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a yield of 2.8%. CocaCola’s payout ratio is currently 69.74%.

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.