Citizens Financial Group Inc. RI Buys 7,636 Shares of CocaCola Company (The) $KO

Citizens Financial Group Inc. RI grew its position in shares of CocaCola Company (The) (NYSE:KO) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 481,954 shares of the company’s stock after purchasing an additional 7,636 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in CocaCola were worth $33,693,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KO. Brighton Jones LLC grew its holdings in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after acquiring an additional 4,591 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after purchasing an additional 293 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of CocaCola in the 1st quarter valued at about $210,000. Jump Financial LLC boosted its position 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 purchasing an additional 32,392 shares in the last quarter. Finally, Osterweis Capital Management Inc. grew its stake in CocaCola by 548.2% during the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock worth $75,000 after purchasing an additional 899 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q1 beat and raised FY outlook — Coca?Cola reported better?than?expected Q1 results and lifted guidance, giving investors confidence in the company’s near?term growth trajectory. Coca?Cola (KO) Stock Trades Up, Here Is Why
• Positive Sentiment: Multiple analyst price?target upgrades — UBS, Bank of America and JPMorgan have raised targets (UBS to $92, BofA to $90, JPM to $85) and several firms reiterated Buy/Overweight stances, supporting upside expectations. BofA Raises Coca?Cola Price Target to $90 JPMorgan Raises KO Price Target
• Positive Sentiment: Barclays upgrade and investor interest in dividends — Barclays issued a Buy and media pieces are highlighting KO’s long dividend increase streak, which attracts income investors. Barclays Buy on KO
• Neutral Sentiment: Strategic portfolio shift coverage — Analysts note Coke’s push beyond soda into water, sports drinks, coffee and tea as the structural growth story supporting longer?term revenue mix improvements. Zacks: Beverage Portfolio Shift
• Neutral Sentiment: Regional bottler results mixed — Coca?Cola FEMSA and Andina released quarterlies with varied outcomes; these local trends are informative but not company?wide catalysts. Coca?Cola FEMSA Q1 Coca?Cola Andina Q1
• Negative Sentiment: Some caution from sell?side and management — Goldman Sachs is on Hold, and Coke’s CEO has warned about macro risks despite the beat; those signals temper enthusiasm for investors worried about economic slowdown. Goldman Sachs Hold on KO CEO: Stark Economic Message
• Negative Sentiment: Minor analyst estimate trimming — Erste slightly lowered FY?2027 EPS estimates; this is small but noted by investors who watch margin for downside revisions. (Market consensus remains supportive.)

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group raised their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup increased their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a report on Monday, March 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a report on Thursday, January 22nd. Finally, Evercore reissued an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, CocaCola has a consensus rating of “Buy” and an average target price of $86.27.

CocaCola Trading Down 0.0%

NYSE KO opened at $78.83 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.25 and a debt-to-equity ratio of 1.09. The business has a fifty day simple moving average of $77.12 and a 200 day simple moving average of $73.52. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The firm has a market capitalization of $339.31 billion, a P/E ratio of 24.79, a PEG ratio of 3.31 and a beta of 0.36.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.24 billion. During the same quarter last year, the firm earned $0.73 EPS. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, analysts predict that CocaCola Company will post 3.25 EPS for the current fiscal year.

CocaCola Dividend Announcement

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

Insider Buying and Selling

In other news, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total value of $5,833,593.48. Following the completion of the transaction, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bruno Pietracci sold 28,765 shares of CocaCola stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The SEC filing for this sale provides additional information. Insiders have sold a total of 892,925 shares of company stock worth $70,254,796 in the last quarter. 0.90% of the stock is currently owned by company insiders.

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.