Shelton Wealth Management LLC Takes $1.21 Million Position in CocaCola Company (The) $KO

Shelton Wealth Management LLC acquired a new position in shares of CocaCola Company (The) (NYSE:KO) during the first quarter, HoldingsChannel reports. The firm acquired 15,922 shares of the company’s stock, valued at approximately $1,211,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank bought a new stake in shares of CocaCola in the 4th quarter valued at about $3,865,807,000. Cardano Risk Management B.V. increased its position in CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after buying an additional 12,939,959 shares during the last quarter. Marshall Wace LLP increased its position in CocaCola by 1,206.9% during the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after buying an additional 9,826,768 shares during the last quarter. Bank of America Corp DE raised its stake in CocaCola by 29.2% in the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after buying an additional 9,078,447 shares during the period. Finally, Capital World Investors lifted its position in shares of CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after buying an additional 6,246,627 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on KO shares. Wells Fargo & Company increased their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Barclays lifted their target price on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. UBS Group increased their price target on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Sanford C. Bernstein initiated coverage on shares of CocaCola in a research report on Thursday, June 11th. They set a “market perform” rating and a $84.00 price objective for the company. Finally, Truist Financial set a $88.00 target price on CocaCola in a research report on Friday, June 26th. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $86.88.

Insider Activity

In related news, EVP Jennifer K. Mann sold 23,984 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the transaction, the executive vice president owned 157,400 shares in the company, valued at $13,128,734. The trade was a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is currently owned by corporate insiders.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola has been highlighted as a standout performer versus consumer staples peers and the broader market this year, reinforcing the view that investors are rewarding its steady earnings profile and defensive business model. Article Title
• Positive Sentiment: Coverage pointed to Coca-Cola’s launch of five new hard-to-find flavors as a sign of continued brand innovation and a scarcity-driven strategy that could support demand and keep the company in the spotlight. Article Title
• Positive Sentiment: Analyst commentary remained broadly constructive, with reports saying Coca-Cola carries an average “Moderate Buy” rating, and some pieces noted the stock was trading near or at an all-time high ahead of earnings. Article Title
• Neutral Sentiment: Several articles focused on whether North American volume growth can offset softer international trends, suggesting the market is watching whether strong U.S. demand can balance mixed global performance. Article Title
• Neutral Sentiment: The company announced that North America chief Jennifer Mann will step down at the end of July, with CFO John Murphy taking interim responsibility. The move adds management uncertainty, but it does not appear to change the underlying operating outlook immediately. Article Title
• Negative Sentiment: One Seeking Alpha article downgraded the stock, which could temper some bullish sentiment after a strong run. Article Title
• Negative Sentiment: Recent market coverage said KO underperformed both the market and competitors on Monday, reflecting some short-term profit-taking after the stock’s strong climb. Article Title
• Negative Sentiment: Talk of a “Big Beautiful Boycott” targeting Coca-Cola’s brands created a headline risk, even though articles noted fundamentals have so far outweighed boycott pressure. Article Title

CocaCola Price Performance

NYSE:KO traded up $1.88 on Tuesday, hitting $84.84. The company had a trading volume of 4,421,610 shares, compared to its average volume of 17,387,607. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $85.68. 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 capitalization of $365.02 billion, a price-to-earnings ratio of 26.74, a PEG ratio of 3.36 and a beta of 0.34. The firm has a 50 day moving average of $80.18 and a two-hundred day moving average of $76.76.

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. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period in the prior year, the company earned $0.73 EPS. CocaCola’s 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, research analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is presently 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.