CocaCola Company (The) $KO Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB decreased its stake in CocaCola Company (The) (NYSE:KO) by 11.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,065 shares of the company’s stock after selling 19,440 shares during the period. E. Ohman J or Asset Management AB’s holdings in CocaCola were worth $10,701,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of KO. Headlands Technologies LLC purchased a new position in CocaCola in the 2nd quarter worth approximately $26,000. Marquette Asset Management LLC purchased a new stake in shares of CocaCola during the third quarter valued at approximately $27,000. Cloud Capital Management LLC purchased a new stake in shares of CocaCola during the third quarter valued at approximately $27,000. Redmont Wealth Advisors LLC acquired a new position in shares of CocaCola during the third quarter worth $30,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of CocaCola during the third quarter worth $31,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

CocaCola Price Performance

Shares of KO stock opened at $75.12 on Tuesday. The firm has a fifty day moving average of $76.50 and a two-hundred day moving average of $71.72. 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 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 issued its 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. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The business had revenue of $11.82 billion for the quarter, compared to analyst estimates of $12.04 billion. During the same quarter in the prior year, the business posted $0.55 EPS. The company’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. As a group, research analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Increases Dividend

The company 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. The ex-dividend date is Friday, March 13th. 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%. CocaCola’s payout ratio is currently 69.74%.

Insider Activity at CocaCola

In other news, CFO John Murphy sold 99,437 shares of CocaCola stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the transaction, the chief financial officer owned 410,550 shares in the company, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bruno Pietracci sold 28,765 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 892,925 shares of company stock worth $70,254,796 over the last quarter. 0.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

KO has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $83.00 price target on shares of CocaCola in a report on Thursday, January 29th. Citigroup upped their price objective on shares of CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Royal Bank Of Canada set a $87.00 target price on CocaCola in a research report on Wednesday, February 11th. Finally, Morgan Stanley set a $88.00 price target on CocaCola in a research note on Wednesday, March 11th. One 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 company currently has a consensus rating of “Buy” and an average target price of $84.60.

About CocaCola

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.