Compagnie Lombard Odier SCmA lessened its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 13.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,154,167 shares of the company’s stock after selling 173,919 shares during the quarter. CocaCola makes up 0.9% of Compagnie Lombard Odier SCmA’s holdings, making the stock its 28th largest holding. Compagnie Lombard Odier SCmA’s holdings in CocaCola were worth $80,688,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of CocaCola by 0.4% in the third quarter. Vanguard Group Inc. now owns 368,885,160 shares of the company’s stock worth $24,464,464,000 after purchasing an additional 1,443,189 shares during the last quarter. State Street Corp boosted its position in CocaCola by 0.6% in the 3rd quarter. State Street Corp now owns 165,858,003 shares of the company’s stock valued at $11,083,296,000 after buying an additional 923,278 shares during the period. Franklin Resources Inc. boosted its position in CocaCola by 15.1% in the 3rd 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. Legal & General Group Plc grew its stake in CocaCola by 2.8% in the 3rd quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock worth $1,860,395,000 after acquiring an additional 770,235 shares in the last quarter. Finally, Invesco Ltd. grew its stake in CocaCola by 5.5% in the 3rd quarter. Invesco Ltd. now owns 26,721,843 shares of the company’s stock worth $1,772,193,000 after acquiring an additional 1,393,760 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.
CocaCola Price Performance
NYSE KO opened at $76.17 on Thursday. 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 firm’s 50 day moving average price is $77.12 and its 200-day moving average price is $72.08. 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 $327.84 billion, a PE ratio of 25.06, a P/E/G ratio of 3.21 and a beta of 0.36.
CocaCola Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s dividend payout ratio is presently 69.74%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on KO shares. Morgan Stanley set a $88.00 price target on shares of CocaCola in a research note on Wednesday, March 11th. Citigroup increased their price objective on CocaCola from $85.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Barclays lifted their target price on CocaCola from $77.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Evercore reiterated an “outperform” rating and issued a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Finally, TD Cowen reissued a “buy” rating on shares of CocaCola in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $84.80.
Check Out Our Latest Research Report on KO
CocaCola News Summary
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Coca‑Cola plans to invest $1 billion in South Africa through 2030, signaling confidence in emerging‑market demand and distribution expansion. Coca‑Cola To Invest $1 Billion In South Africa Through 2030
- Positive Sentiment: Zacks argues KO has the mix of factors that make another quarterly earnings beat likely, reinforcing investor confidence in near‑term cash flow and EPS stability. Will Coca‑Cola (KO) Beat Estimates Again?
- Positive Sentiment: Market rotation into defensive sectors (consumer staples ETFs) is providing a tailwind for KO as investors seek low‑beta, high‑dividend hedges in a more uncertain macro environment. As Recession Odds Climb, Defensive Sectors Continue to Outperform
- Positive Sentiment: Coverage notes (including Deutsche Bank) and dividend‑focused writeups (The Motley Fool) highlight KO’s long dividend track record and favorable analyst outlook, supporting buy‑side interest. Deutsche Bank Forecasts Strong Price Appreciation Set It and Forget It: 2 Dividend Stocks
- Neutral Sentiment: KO’s AI and cloud initiatives are being expanded across the value chain — boosting execution and insights but not yet a full tech‑led growth pivot, so impact is longer‑term/operational. Does Coca‑Cola’s AI and Cloud Push Signal a New Tech‑Led Growth Phase?
- Neutral Sentiment: Analyst roundups and head‑to‑head pieces broadly reiterate KO’s defensive, low‑volatility profile; useful for positioning but not immediate price catalysts. Top Analyst Reports for Exxon Mobil, Coca‑Cola & Uber Coca‑Cola HBC and Coca‑Cola Head‑To‑Head Analysis
- Negative Sentiment: CEO James Quincey’s announced step‑down and the creation of a new chief digital officer to accelerate AI/digital transformation introduce leadership transition risk and near‑term uncertainty about execution and strategy. Coca‑Cola CEO Shift Puts AI And Valuation In Fresh Focus
Insider Activity
In related news, CEO James Quincey sold 250,688 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the sale, the chief executive officer directly owned 278,155 shares in the company, valued at $22,013,186.70. This represents a 47.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at $17,754,735. This trade represents a 9.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 892,925 shares of company stock worth $70,254,796 over the last ninety days. 0.90% of the stock is currently owned by corporate insiders.
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.
Further Reading
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