CocaCola Company (The) $KO Shares Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its holdings in shares of CocaCola Company (The) (NYSE:KO) by 11.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,984,173 shares of the company’s stock after buying an additional 498,077 shares during the quarter. Assenagon Asset Management S.A.’s holdings in CocaCola were worth $348,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in CocaCola in the second quarter worth about $26,000. Marquette Asset Management LLC acquired a new position in shares of CocaCola during the third quarter valued at about $27,000. Cloud Capital Management LLC purchased a new position in shares of CocaCola in the 3rd quarter valued at approximately $27,000. Redmont Wealth Advisors LLC purchased a new position in shares of CocaCola in the 3rd quarter valued at approximately $30,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in CocaCola in the 3rd quarter worth approximately $31,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on KO. Evercore reissued an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Jefferies Financial Group raised 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $83.00 price objective on shares of CocaCola in a research note on Thursday, January 29th. Morgan Stanley set a $88.00 target price on CocaCola in a research report on Wednesday, March 11th. Finally, Royal Bank Of Canada set a $87.00 target price on CocaCola in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $84.60.

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 transaction, the executive vice president owned 17,725 shares in the company, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO John Murphy sold 72,449 shares of the business’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 transaction, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 892,925 shares of company stock valued at $70,254,796 in the last 90 days. 0.90% of the stock is currently owned by insiders.

CocaCola Stock Performance

KO 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. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.00. The firm has a 50 day moving average of $76.50 and a two-hundred day moving average of $71.72. The firm has a market capitalization of $323.34 billion, a PE ratio of 24.71, a P/E/G ratio of 3.13 and a beta of 0.35.

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

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued 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 dividend payout ratio is currently 69.74%.

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.