Strs Ohio lowered its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,181,405 shares of the company’s stock after selling 35,491 shares during the period. Strs Ohio’s holdings in CocaCola were worth $82,592,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC acquired a new position in shares of CocaCola in the second quarter worth about $26,000. Marquette Asset Management LLC acquired a new position in shares of CocaCola in the third quarter worth about $27,000. Cloud Capital Management LLC acquired a new position in shares of CocaCola in the third quarter worth about $27,000. Daytona Street Capital LLC acquired a new position in shares of CocaCola in the fourth quarter worth about $29,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of CocaCola in the third quarter worth about $30,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.
CocaCola Stock Performance
Shares of KO opened at $78.62 on Friday. The company’s 50 day moving average price is $77.12 and its 200 day moving average price is $73.52. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.00. The company has a market capitalization of $338.40 billion, a PE ratio of 24.72, a PEG ratio of 3.19 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.25 and a current ratio of 1.36.
CocaCola Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola’s payout ratio is presently 66.67%.
Analyst Upgrades and Downgrades
KO has been the subject of several recent analyst reports. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Wells Fargo & Company upped their price target on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. raised their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday. Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research report on Wednesday, February 11th. Finally, Barclays raised their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday. Fifteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $86.27.
Get Our Latest Report on CocaCola
More CocaCola News
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Q1 results beat expectations: Coca?Cola reported stronger-than-expected Q1 revenue and EPS (double?digit top?line growth) that drove positive sentiment around durable growth and near-term guidance. Is Coca?Cola a Buy, Hold, or Sell After Its Q1 2026 Earnings Report?
- Positive Sentiment: Dividend increase/quarterly dividend declared: KO declared a quarterly dividend (record June 15; payable July 1), reinforcing its dividend?king status and supporting income investor demand.
- Positive Sentiment: Analysts are raising targets and ratings after earnings: Several firms have lifted price targets and reiterated/raised ratings following the Q1 beat, signaling analyst confidence in growth momentum. Example coverage of these upgrades is here. Morgan Stanley raises Coca?Cola stock price target after earnings
- Positive Sentiment: Additional shop?window coverage and buy recommendations: TD Cowen, JPMorgan and Barclays commentary mentioned in recent coverage has been constructive (higher targets / buy or overweight stances), which can help sustain buying interest. Is The Coca?Cola Company (KO) One of the Best Large Cap Dividend Growth Stocks to Invest in?
- Neutral Sentiment: Shareowners re?elected the board and rejected several ESG proposals at the annual meeting — the outcome supports current management strategy but leaves ESG activists disappointed; it’s governance news that may matter to some institutional holders. Coca?Cola Shareowners Back Board, Reject ESG Proposals
- Negative Sentiment: Some analysts are cautious: Goldman Sachs has a Hold on KO, which could cap near?term upside and weigh on momentum despite the broader wave of upgrades. Coca?Cola (KO) Gets a Hold from Goldman Sachs
Insider Activity
In related news, insider Bruno Pietracci sold 28,765 shares of the business’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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO James Quincey sold 337,824 shares of the business’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 transaction, the chief executive officer directly owned 342,546 shares in the company, valued at $26,410,296.60. The trade was a 49.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 in the last three months. 0.90% of the stock is currently owned by insiders.
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.
See Also
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