Core Wealth Advisors LLC Buys Shares of 10,943 CocaCola Company (The) $KO

Core Wealth Advisors LLC bought a new stake in CocaCola Company (The) (NYSE:KO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,943 shares of the company’s stock, valued at approximately $765,000.

Other hedge funds have also recently bought and sold shares of the company. Anfield Capital Management LLC increased its holdings in CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares during the period. Headlands Technologies LLC acquired a new stake in shares of CocaCola in the 2nd quarter valued at approximately $26,000. Daytona Street Capital LLC acquired a new stake in shares of CocaCola in the 4th quarter valued at approximately $29,000. Cloud Capital Management LLC acquired a new stake in shares of CocaCola in the 3rd quarter valued at approximately $27,000. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of CocaCola in the 4th quarter valued at approximately $30,000. 70.26% of the stock is owned by institutional investors.

CocaCola Stock Down 1.8%

NYSE:KO opened at $78.96 on Friday. The firm’s 50 day simple moving average is $77.75 and its 200 day simple moving average is $75.06. 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 Company has a one year low of $65.35 and a one year high of $82.66. The company has a market cap of $339.71 billion, a PE ratio of 24.83, a P/E/G ratio of 3.16 and a beta of 0.35.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same quarter last year, the business earned $0.73 EPS. The company’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. On average, research analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently declared 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. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Insider Activity

In other CocaCola news, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the completion of the transaction, the chief financial officer owned 279,917 shares in the company, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James Quincey sold 250,688 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the transaction, the chief executive officer owned 278,155 shares of the company’s stock, valued at approximately $22,013,186.70. The trade was a 47.40% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 630,963 shares of company stock worth $50,016,979. 0.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Barclays raised their price target on shares of CocaCola from $85.00 to $89.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. UBS Group lifted their target price on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company lifted their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Truist Financial set a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Finally, Morgan Stanley set a $88.00 target price on shares of CocaCola in a research report on Wednesday, March 11th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $86.80.

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.