Diversified Trust Co. Purchases 45,410 Shares of CocaCola Company (The) $KO

Diversified Trust Co. grew its position in CocaCola Company (The) (NYSE:KO) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 623,554 shares of the company’s stock after buying an additional 45,410 shares during the quarter. CocaCola accounts for about 0.8% of Diversified Trust Co.’s portfolio, making the stock its 20th largest holding. Diversified Trust Co.’s holdings in CocaCola were worth $43,593,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in CocaCola in the second quarter valued at approximately $26,000. Marquette Asset Management LLC bought a new stake in CocaCola during the third quarter worth $27,000. Cloud Capital Management LLC bought a new stake in CocaCola during the third quarter worth $27,000. Redmont Wealth Advisors LLC acquired a new stake in shares of CocaCola in the 3rd quarter valued at $30,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of CocaCola in the 3rd quarter valued at $31,000. Institutional investors own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on KO. Jefferies Financial Group boosted their price target on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Evercore reiterated an “outperform” rating and issued a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Wells Fargo & Company boosted their target price on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Finally, Morgan Stanley set a $88.00 target price on shares of CocaCola in a report on Wednesday, March 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. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $84.60.

CocaCola Stock Up 0.5%

Shares of NYSE:KO opened at $75.12 on Tuesday. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.00. The company has a market capitalization of $323.34 billion, a PE ratio of 24.71, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.46. The company has a fifty day moving average of $76.50 and a 200-day moving average of $71.72.

CocaCola (NYSE:KO) 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. 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 for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, equities analysts predict that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

The company also recently declared 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. 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 dividend on an annualized basis and a dividend yield of 2.8%. CocaCola’s payout ratio is 69.74%.

Insider Activity at CocaCola

In related news, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the sale, the chief executive officer directly owned 278,155 shares in the company, valued at $22,013,186.70. This trade represents a 47.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO John Murphy sold 72,449 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the sale, the chief financial officer directly owned 279,917 shares in the company, valued at $22,538,916.84. The trade was a 20.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 892,925 shares of company stock valued at $70,254,796. Corporate insiders own 0.90% of the company’s stock.

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.