CocaCola Company (The) $KO Stock: James Hambro & Partners LLP Grows Position

James Hambro & Partners LLP lifted its position in CocaCola Company (The) (NYSE:KO) by 1.7% during the third quarter, HoldingsChannel.com reports. The fund owned 1,328,539 shares of the company’s stock after acquiring an additional 22,314 shares during the period. CocaCola makes up 4.0% of James Hambro & Partners LLP’s portfolio, making the stock its 12th largest position. James Hambro & Partners LLP’s holdings in CocaCola were worth $114,367,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. New Wave Wealth Advisors LLC boosted its position in CocaCola by 4.4% during the third quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company’s stock worth $248,000 after acquiring an additional 116 shares during the last quarter. Prairie Advisory LLC grew its stake in CocaCola by 100.2% during the 3rd quarter. Prairie Advisory LLC now owns 7,130 shares of the company’s stock valued at $614,000 after acquiring an additional 3,569 shares in the last quarter. LexAurum Advisors LLC raised its holdings in CocaCola by 3.1% in the 3rd quarter. LexAurum Advisors LLC now owns 6,135 shares of the company’s stock valued at $528,000 after acquiring an additional 185 shares during the last quarter. LongView Wealth Management raised its holdings in CocaCola by 0.6% in the 3rd quarter. LongView Wealth Management now owns 34,318 shares of the company’s stock valued at $2,954,000 after acquiring an additional 189 shares during the last quarter. Finally, Quantum Financial Partners LLC purchased a new position in CocaCola in the 3rd quarter worth approximately $202,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

CocaCola Trading Down 0.3%

Shares of CocaCola stock traded down $0.28 during mid-day trading on Monday, hitting $93.62. The stock had a trading volume of 6,313,168 shares, compared to its average volume of 16,852,773. The firm has a 50-day moving average of $88.47 and a two-hundred day moving average of $83.39. CocaCola Company has a 12-month low of $67.27 and a 12-month high of $94.10. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The firm has a market cap of $402.82 billion, a P/E ratio of 28.12, a price-to-earnings-growth ratio of 3.65 and a beta of 0.32.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter in the previous year, the company earned $0.87 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts forecast that CocaCola Company will post 3.30 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.3%. CocaCola’s dividend payout ratio (DPR) is 63.66%.

Wall Street Analysts Forecast Growth

KO has been the topic of several recent research reports. Citigroup boosted their target price on CocaCola from $100.00 to $102.00 and gave the stock a “buy” rating in a report on Wednesday, October 14th. Royal Bank Of Canada upped their price target on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Weiss Ratings raised CocaCola from a “buy (a-)” rating to a “buy (a+)” rating in a report on Thursday, October 8th. Sanford C. Bernstein reiterated a “market perform” rating and set a $93.00 price objective (up from $83.00) on shares of CocaCola in a research report on Wednesday, July 29th. Finally, HSBC lifted their price objective on CocaCola from $90.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.27.

Insider Activity at CocaCola

In other CocaCola news, insider Sanket Ray sold 9,958 shares of CocaCola stock in a transaction on Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the sale, the insider owned 62,105 shares in the company, valued at $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. This trade represents a 18.29% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 926,620 shares of company stock valued at $83,075,714 over the last 90 days. Corporate insiders own 0.90% of the company’s stock.

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.