CocaCola Company (The) $KO Holdings Lifted by Constitution Capital LLC

Constitution Capital LLC lifted its holdings in CocaCola Company (The) (NYSE:KO) by 99.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 114,661 shares of the company’s stock after acquiring an additional 57,225 shares during the quarter. CocaCola accounts for about 3.8% of Constitution Capital LLC’s holdings, making the stock its 7th biggest holding. Constitution Capital LLC’s holdings in CocaCola were worth $8,016,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in KO. Norges Bank bought a new stake in CocaCola in the second quarter worth $3,846,270,000. Laurel Wealth Advisors LLC boosted its position in CocaCola by 7,239.2% during the second quarter. Laurel Wealth Advisors LLC now owns 6,149,632 shares of the company’s stock valued at $435,086,000 after buying an additional 6,065,840 shares during the period. Franklin Resources Inc. boosted its position in CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock valued at $2,592,732,000 after buying an additional 5,135,198 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of CocaCola by 343.3% during the third quarter. Assenagon Asset Management S.A. now owns 4,486,096 shares of the company’s stock valued at $297,518,000 after buying an additional 3,474,015 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of CocaCola in the third quarter worth about $226,443,000. Institutional investors own 70.26% of the company’s stock.

Insider Activity at CocaCola

In other CocaCola news, EVP Nancy Quan sold 23,556 shares of the business’s stock in a transaction on 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 approximately $17,754,735. The trade was a 9.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Monica Howard Douglas sold 23,880 shares of the company’s stock in a transaction on 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 transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 892,925 shares of company stock valued at $70,254,796 over the last 90 days. Company insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

CocaCola stock opened at $75.12 on Tuesday. 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 firm has a market cap of $323.34 billion, a P/E ratio of 24.71, a P/E/G ratio of 3.13 and a beta of 0.35. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $82.00. The firm has a 50-day moving average of $76.50 and a 200-day moving average of $71.72.

CocaCola (NYSE:KO) last announced its quarterly 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 company had revenue of $11.82 billion for the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.CocaCola’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Sell-side analysts expect that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Increases Dividend

The firm 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 dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.8%. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, March 13th. CocaCola’s payout ratio is presently 69.74%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on KO. Morgan Stanley set a $88.00 target price on CocaCola in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $83.00 price target on shares of CocaCola in a research report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. JPMorgan Chase & Co. increased their price objective on CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, TD Cowen restated a “buy” rating on shares of CocaCola in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $84.60.

CocaCola 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.