Lawood & Co. Invests $1.60 Million in CocaCola Company (The) $KO

Lawood & Co. acquired a new position in shares of CocaCola Company (The) (NYSE:KO) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 22,811 shares of the company’s stock, valued at approximately $1,595,000. CocaCola comprises approximately 1.5% of Lawood & Co.’s portfolio, making the stock its 21st biggest holding.

Several other large investors have also modified their holdings of the stock. Vestia Personal Wealth Advisors boosted its stake in shares of CocaCola by 3.8% during the 4th quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after acquiring an additional 140 shares in the last quarter. Apexium Financial LP lifted its stake in CocaCola by 1.2% in the 3rd quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock worth $810,000 after acquiring an additional 142 shares in the last quarter. Stockman Wealth Management Inc. lifted its stake in CocaCola by 1.7% in the 4th quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company’s stock worth $622,000 after acquiring an additional 147 shares in the last quarter. 1ST Source Bank lifted its stake in CocaCola by 0.7% in the 4th quarter. 1ST Source Bank now owns 19,766 shares of the company’s stock worth $1,382,000 after acquiring an additional 147 shares in the last quarter. Finally, Prosperity Financial Group Inc. lifted its stake in CocaCola by 3.9% in the 3rd quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company’s stock worth $262,000 after acquiring an additional 148 shares in the last quarter. 70.26% of the stock is owned by institutional investors.

Insider Activity at CocaCola

In other CocaCola news, insider Bruno Pietracci sold 28,765 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total transaction of $2,284,228.65. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO James Quincey sold 250,688 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total value of $19,839,448.32. Following the transaction, the chief executive officer owned 278,155 shares in the company, valued at approximately $22,013,186.70. This trade represents a 47.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 755,101 shares of company stock valued at $59,988,566. Insiders own 0.90% of the company’s stock.

CocaCola Price Performance

KO opened at $80.86 on Friday. The stock has a market cap of $347.92 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 3.21 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 current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a fifty day moving average price of $77.00 and a 200 day moving average price of $74.23.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $12.24 billion. During the same period last year, the company earned $0.73 earnings per share. The business’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. Analysts forecast that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Wall Street Analysts Forecast Growth

KO has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price objective on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Jefferies Financial Group lifted their price objective on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Barclays lifted their price objective on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Finally, Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research report on Wednesday, February 11th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat, CocaCola presently has a consensus rating of “Buy” and a consensus target price of $86.27.

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.