Amiral Gestion Invests $1.84 Million in CocaCola Company (The) $KO

Amiral Gestion acquired a new position in CocaCola Company (The) (NYSE:KOFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 26,250 shares of the company’s stock, valued at approximately $1,835,000. CocaCola makes up 0.7% of Amiral Gestion’s holdings, making the stock its 21st largest holding.

Several other large investors also recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new stake in shares of CocaCola in the 2nd quarter valued at about $26,000. Marquette Asset Management LLC purchased a new position in shares of CocaCola during the third quarter worth about $27,000. Cloud Capital Management LLC bought a new position in shares of CocaCola in the third quarter worth approximately $27,000. Redmont Wealth Advisors LLC purchased a new stake in CocaCola in the third quarter valued at approximately $30,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in CocaCola during the third quarter valued at approximately $31,000. Institutional investors own 70.26% of the company’s stock.

CocaCola Price Performance

Shares of CocaCola stock opened at $75.70 on Friday. The business has a 50 day moving average of $76.84 and a 200 day moving average of $71.87. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.00. The company has a market cap of $325.81 billion, a PE ratio of 24.90, a P/E/G ratio of 3.12 and a beta of 0.35. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The firm’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, equities research analysts forecast that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

The business 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 dividend on an annualized basis and a dividend yield of 2.8%. 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. CocaCola’s payout ratio is presently 69.74%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of CocaCola in a report on Thursday, January 22nd. Wells Fargo & Company upped their target price on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Truist Financial set a $85.00 price target on CocaCola in a research report on Wednesday, February 11th. Finally, UBS Group lifted their price target on CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $84.60.

Check Out Our Latest Research Report on KO

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

Insider Activity at CocaCola

In other CocaCola news, CFO John Murphy sold 99,437 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the transaction, the chief financial officer owned 410,550 shares in the company, valued at approximately $33,016,431. This represents a 19.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James Quincey sold 337,824 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $77.10, for a total value of $26,046,230.40. Following the completion of the transaction, the chief executive officer directly owned 342,546 shares of the company’s stock, valued at $26,410,296.60. This represents a 49.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 892,925 shares of company stock valued at $70,254,796 over the last three months. Corporate 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.

See Also

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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