Aaron Wealth Advisors LLC Grows Holdings in CocaCola Company (The) $KO

Aaron Wealth Advisors LLC grew its holdings in shares of CocaCola Company (The) (NYSE:KO) by 34.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,088 shares of the company’s stock after acquiring an additional 12,515 shares during the period. Aaron Wealth Advisors LLC’s holdings in CocaCola were worth $3,432,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in KO. Brighton Jones LLC boosted its stake in shares of CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after buying an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after buying an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of CocaCola during the 1st quarter valued at approximately $210,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of CocaCola by 12.0% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 5,382 shares of the company’s stock valued at $381,000 after buying an additional 577 shares during the last quarter. Finally, Jump Financial LLC boosted its stake in shares of CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock valued at $2,800,000 after buying an additional 32,392 shares during the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KO has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. TD Cowen restated a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research note on Wednesday, February 11th. Jefferies Financial Group raised their price objective on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Finally, Truist Financial set a $85.00 price objective on CocaCola in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company. According to MarketBeat, CocaCola has an average rating of “Buy” and a consensus target price of $84.80.

CocaCola Price Performance

Shares of NYSE KO opened at $77.26 on Tuesday. 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. The business’s fifty day moving average price is $77.39 and its two-hundred day moving average price is $72.34. The firm has a market capitalization of $332.55 billion, a PE ratio of 25.42, a P/E/G ratio of 3.24 and a beta of 0.36.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The firm had revenue of $11.82 billion for the quarter, compared to analyst estimates of $12.04 billion. During the same period last year, the company earned $0.55 earnings per share. The firm’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. On average, research analysts expect that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend was Friday, March 13th. CocaCola’s dividend payout ratio is 69.74%.

Insider Activity at CocaCola

In other news, EVP Nancy Quan sold 23,556 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $17,754,735. This trade represents a 9.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John Murphy sold 99,437 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the transaction, the chief financial officer directly owned 410,550 shares in the company, valued at $33,016,431. This trade represents a 19.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 892,925 shares of company stock valued at $70,254,796. 0.90% of the stock is 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.