42,154 Shares in CocaCola Company (The) $KO Purchased by Clear Trail Advisors LLC

Clear Trail Advisors LLC bought a new stake in shares of CocaCola Company (The) (NYSE:KOFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 42,154 shares of the company’s stock, valued at approximately $2,947,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its stake in CocaCola by 13.3% during the 4th 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 during the last quarter. Revolve Wealth Partners LLC grew its position in CocaCola by 3.4% in 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 during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of CocaCola during the 1st quarter worth about $210,000. American Century Companies Inc. raised its position in shares of CocaCola by 13.5% during the second quarter. American Century Companies Inc. now owns 736,084 shares of the company’s stock valued at $52,078,000 after buying an additional 87,714 shares during the last quarter. Finally, Titleist Asset Management LLC lifted its stake in shares of CocaCola by 14.7% in the second 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 during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KO. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $83.00 price objective on shares of CocaCola in a research report on Thursday, January 29th. Jefferies Financial Group boosted their price objective on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Royal Bank Of Canada set a $87.00 target price on CocaCola in a research note on Wednesday, February 11th. Finally, Truist Financial set a $85.00 target price on CocaCola in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company’s stock. According to MarketBeat, CocaCola currently has an average rating of “Buy” and a consensus target price of $84.60.

Get Our Latest Research Report on CocaCola

CocaCola Stock Up 0.5%

Shares of KO opened at $75.12 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. The company has a 50-day moving average price of $76.50 and a two-hundred day moving average price of $71.72. The stock has a market cap of $323.34 billion, a price-to-earnings ratio of 24.71, a P/E/G ratio of 3.13 and a beta of 0.35. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00.

CocaCola (NYSE:KOGet Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating 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 company had revenue of $11.82 billion for the quarter, compared to analyst estimates of $12.04 billion. During the same period in the prior year, the company posted $0.55 EPS. The company’s 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 predict that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

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

Insider Activity at CocaCola

In related news, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $17,754,735. This represents a 9.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 892,925 shares of company stock valued at $70,254,796. Insiders own 0.90% of the company’s stock.

About CocaCola

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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