Pinnacle Associates Ltd. Decreases Position in CocaCola Company (The) $KO

Pinnacle Associates Ltd. lessened its position in CocaCola Company (The) (NYSE:KO) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 180,169 shares of the company’s stock after selling 7,476 shares during the period. Pinnacle Associates Ltd.’s holdings in CocaCola were worth $11,949,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new position in CocaCola in the 2nd quarter worth approximately $26,000. Marquette Asset Management LLC purchased a new stake in CocaCola during the 3rd quarter valued at $27,000. Cloud Capital Management LLC bought a new stake in shares of CocaCola in the 3rd quarter worth $27,000. Redmont Wealth Advisors LLC bought a new stake in shares of CocaCola in the 3rd quarter worth $30,000. Finally, Winnow Wealth LLC purchased a new position in shares of CocaCola in the second quarter worth $43,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Transactions at CocaCola

In other CocaCola news, CEO James Quincey sold 337,824 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the completion of the sale, the chief executive officer directly owned 342,546 shares of the company’s stock, valued at approximately $26,410,296.60. This represents a 49.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bruno Pietracci sold 28,765 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 869,045 shares of company stock worth $68,407,201. 0.90% of the stock is currently owned by corporate insiders.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Citi reaffirmed a buy on KO / stayed constructive on the name, which supports demand from institutional and growth?oriented analysts. Read More.
• Positive Sentiment: Coca?Cola’s recent dividend raise and coverage as a Dividend King/Aristocrat reinforce its appeal to income investors and conservative portfolios; that steady payout profile is a structural positive for valuation support. Read More.
• Positive Sentiment: Analysts and trade pieces highlight KO’s digital transformation (marketing, supply?chain, analytics) as a potential multi?quarter margin catalyst — a reason for longer?term upside if execution cuts costs and boosts mix. Read More.
• Positive Sentiment: Street support and raised targets (multiple firms have buy/overweight ratings and higher price targets, leaving a consensus target above the current price) provide analyst backing for the shares. Read More.
• Neutral Sentiment: Feature pieces show KO is a “trending” name and gets investor attention — useful context for flows but not an immediate fundamental catalyst. Read More.
• Neutral Sentiment: Commentary on an alternate Coca?Cola?related listing described as a “monster stock” may attract growth?oriented flows to related tickers but doesn’t materially change KO’s staples profile. Read More.
• Negative Sentiment: Large, disclosed insider sales this week (CEO James Quincey, EVP Nancy Quan, Bruno Pietracci, CFO reports) represent a clear near?term sentiment headwind and likely source of fresh supply into the market. Read More.
• Negative Sentiment: Coverage tied these insider sells to immediate selling pressure and short?term price drops in several headlines, amplifying downside risk for traders focused on near?term momentum. Read More.

CocaCola Stock Performance

KO stock opened at $77.11 on Monday. The company has a market cap of $331.63 billion, a P/E ratio of 25.37, a price-to-earnings-growth ratio of 3.23 and a beta of 0.35. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.00. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. The stock’s fifty day moving average price is $74.86 and its 200-day moving average price is $71.12.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The company had revenue of $11.82 billion during the quarter, compared to analysts’ expectations of $12.04 billion. During the same quarter in the prior year, the business earned $0.55 earnings per share. CocaCola’s revenue for the quarter was up 2.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, equities analysts forecast that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s payout ratio is currently 67.11%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KO shares. Citigroup upped their price target on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Evercore reiterated an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. TD Cowen reissued a “buy” rating on shares of CocaCola in a research report on Wednesday, February 11th. Jefferies Financial Group lowered their target price on shares of CocaCola from $88.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, JPMorgan Chase & Co. raised their price target on shares of CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, CocaCola currently has a consensus rating of “Buy” and an average target price of $84.33.

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.