7,896 Shares in CocaCola Company (The) $KO Purchased by Eurizon SLJ Capital Ltd

Eurizon SLJ Capital Ltd purchased a new position in shares of CocaCola Company (The) (NYSE:KO) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 7,896 shares of the company’s stock, valued at approximately $552,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vestia Personal Wealth Advisors grew its holdings in CocaCola by 3.8% during the fourth quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after purchasing an additional 140 shares during the period. Apexium Financial LP grew its holdings in CocaCola by 1.2% during the third quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock worth $810,000 after purchasing an additional 142 shares during the period. Stockman Wealth Management Inc. grew its holdings in CocaCola by 1.7% during the fourth quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company’s stock worth $622,000 after purchasing an additional 147 shares during the period. 1ST Source Bank boosted its holdings in shares of CocaCola by 0.7% during the fourth quarter. 1ST Source Bank now owns 19,766 shares of the company’s stock worth $1,382,000 after acquiring an additional 147 shares during the period. Finally, Prosperity Financial Group Inc. boosted its holdings in shares of CocaCola by 3.9% during the third quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company’s stock worth $262,000 after acquiring an additional 148 shares during the period. Institutional investors own 70.26% of the company’s stock.

Insiders Place Their Bets

In related news, insider Bruno Pietracci sold 28,765 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total value of $2,284,228.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman James Quincey sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $78.90, for a total transaction of $15,780,000.00. Following the transaction, the chairman owned 78,155 shares of the company’s stock, valued at approximately $6,166,429.50. This represents a 71.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 630,963 shares of company stock valued at $50,016,979 in the last quarter. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KO shares. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Evercore restated an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. Jefferies Financial Group boosted their price objective on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. JPMorgan Chase & Co. boosted their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Finally, Citigroup boosted their price objective on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, CocaCola presently has a consensus rating of “Buy” and a consensus price target of $86.80.

CocaCola Trading Down 1.8%

Shares of KO stock opened at $78.96 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a market cap of $339.71 billion, a P/E ratio of 24.83, a price-to-earnings-growth ratio of 3.21 and a beta of 0.35. The stock has a 50 day simple moving average of $77.75 and a 200 day simple moving average of $75.06. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.66.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, research analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola’s payout ratio is 66.67%.

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.