Constitution Capital LLC Boosts Holdings in CocaCola Company (The) $KO

Constitution Capital LLC increased its holdings in CocaCola Company (The) (NYSE:KO) by 99.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 114,661 shares of the company’s stock after buying an additional 57,225 shares during the period. CocaCola accounts for 3.8% of Constitution Capital LLC’s investment portfolio, making the stock its 7th biggest position. Constitution Capital LLC’s holdings in CocaCola were worth $8,016,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on KO. Jefferies Financial Group increased their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Morgan Stanley set a $88.00 price objective on shares of CocaCola in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $83.00 target price on shares of CocaCola in a research note on Thursday, January 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of CocaCola in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $84.60.

CocaCola Stock Up 0.5%

Shares of NYSE KO opened at $75.12 on Tuesday. The business has a 50-day moving average of $76.50 and a 200-day moving average of $71.72. The firm has a market capitalization of $323.34 billion, a price-to-earnings ratio of 24.71, a PEG ratio of 3.13 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. 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, beating the consensus estimate of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The business had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same period in the previous year, the business posted $0.55 earnings per share. CocaCola’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. Sell-side analysts expect that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Increases Dividend

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

Insider Buying and Selling

In other CocaCola news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola 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 completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total value of $1,872,702.00. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at $17,754,735. This trade represents a 9.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 892,925 shares of company stock valued at $70,254,796 in the last three months. 0.90% of the stock is owned by corporate insiders.

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.