Core Wealth Advisors LLC Invests $765,000 in CocaCola Company (The) $KO

Core Wealth Advisors LLC acquired a new position in shares of CocaCola Company (The) (NYSE:KO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,943 shares of the company’s stock, valued at approximately $765,000.

Several other large investors also recently made changes to their positions in the stock. Vestia Personal Wealth Advisors increased its position in shares of 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 acquiring an additional 140 shares in the last quarter. Apexium Financial LP increased its position in shares of 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 acquiring an additional 142 shares in the last quarter. Stockman Wealth Management Inc. boosted 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 last quarter. 1ST Source Bank boosted its holdings in 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 purchasing an additional 147 shares during the last quarter. Finally, Prosperity Financial Group Inc. boosted its holdings in 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 purchasing an additional 148 shares during the last quarter. Institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

Shares of KO stock opened at $78.96 on Friday. The stock has a market cap of $339.71 billion, a P/E ratio of 24.83, a P/E/G ratio of 3.16 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company has a fifty day moving average price of $77.75 and a two-hundred day moving average price of $75.06. CocaCola Company has a one year low of $65.35 and a one year high of $82.66.

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

CocaCola Announces Dividend

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

Insider Transactions at CocaCola

In other CocaCola news, CFO John Murphy sold 72,449 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total value of $5,833,593.48. Following the completion of the sale, the chief financial officer owned 279,917 shares in the company, valued at $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman James Quincey sold 200,000 shares of the stock in a transaction 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 completion of the sale, 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 position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 630,963 shares of company stock valued at $50,016,979. 0.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on KO. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. TD Cowen increased their target price on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Evercore restated an “outperform” rating and set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. UBS Group increased their target price on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Jefferies Financial Group increased their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $86.80.

CocaCola 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.