Handelsbanken Fonder AB Acquires 43,199 Shares of CocaCola Company (The) $KO

Handelsbanken Fonder AB increased its holdings in CocaCola Company (The) (NYSE:KOFree Report) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,591,246 shares of the company’s stock after buying an additional 43,199 shares during the quarter. Handelsbanken Fonder AB’s holdings in CocaCola were worth $111,244,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in KO. 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 during the last quarter. Apexium Financial LP boosted its stake in shares of CocaCola by 1.2% during 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 during the last quarter. Stockman Wealth Management Inc. boosted its stake in shares of CocaCola by 1.7% during 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 during the last quarter. 1ST Source Bank boosted its stake in shares of CocaCola by 0.7% during 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 during the last quarter. Finally, Prosperity Financial Group Inc. boosted its stake in shares of CocaCola by 3.9% during 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 during the last quarter. 70.26% of the stock is currently owned by institutional investors.

CocaCola Stock Up 0.5%

Shares of KO stock opened at $81.26 on Tuesday. The company has a market capitalization of $349.63 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 3.23 and a beta of 0.35. CocaCola Company has a one year low of $65.35 and a one year high of $82.00. The company’s fifty day moving average price is $77.09 and its 200-day moving average price is $74.33. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company’s revenue was up 11.4% on a year-over-year basis. During the same period last year, the firm earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Sell-side analysts expect that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KO shares. Morgan Stanley set a $88.00 price target on shares of CocaCola in a research note on Wednesday, March 11th. Citigroup lifted their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday. Evercore reiterated an “outperform” rating and set a $85.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Finally, Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $86.53.

Read Our Latest Report on KO

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

Insider Activity

In other news, Chairman James Quincey sold 200,000 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $78.90, for a total transaction of $15,780,000.00. Following the sale, the chairman directly owned 78,155 shares in the company, valued at $6,166,429.50. This trade represents a 71.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the completion of the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $17,754,735. This represents a 9.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 755,101 shares of company stock worth $59,988,566. 0.90% of the stock is currently owned by insiders.

CocaCola Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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