CocaCola Company (The) $KO Shares Acquired by National Pension Service

National Pension Service lifted its position in shares of CocaCola Company (The) (NYSE:KO) by 2.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,105,640 shares of the company’s stock after purchasing an additional 217,403 shares during the period. National Pension Service’s holdings in CocaCola were worth $636,575,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Anfield Capital Management LLC lifted its holdings in CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after buying an additional 294 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of CocaCola during the 2nd quarter worth about $26,000. Daytona Street Capital LLC purchased a new position in shares of CocaCola in the 4th quarter valued at about $29,000. Cloud Capital Management LLC acquired a new stake in shares of CocaCola during the 3rd quarter worth about $27,000. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of CocaCola during the 4th quarter worth about $30,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

Shares of KO opened at $80.45 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 firm has a market cap of $346.13 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 3.26 and a beta of 0.35. The company’s 50 day simple moving average is $77.69 and its 200-day simple moving average is $75.03. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.66.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. CocaCola’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 EPS. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio is presently 66.67%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Truist Financial set a $85.00 price target on CocaCola in a report on Wednesday, February 11th. Barclays raised their price objective on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Jefferies Financial Group boosted their price objective on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research report on Wednesday, March 11th. Finally, UBS Group lifted their price target on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Fifteen analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $86.80.

Insider Buying and Selling at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 72,449 shares of the business’s stock in a transaction dated 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 transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 630,963 shares of company stock valued at $50,016,979. Corporate insiders own 0.90% of the company’s stock.

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.