Independent Advisor Alliance Increases Stock Holdings in CocaCola Company (The) $KO

Independent Advisor Alliance grew its position in CocaCola Company (The) (NYSE:KO) by 3.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 327,209 shares of the company’s stock after purchasing an additional 10,758 shares during the period. CocaCola makes up 0.6% of Independent Advisor Alliance’s holdings, making the stock its 23rd biggest position. Independent Advisor Alliance’s holdings in CocaCola were worth $22,875,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Legacy Financial Advisors Inc. increased its position in CocaCola by 2.4% during the 4th quarter. Legacy Financial Advisors Inc. now owns 27,227 shares of the company’s stock worth $1,903,000 after purchasing an additional 634 shares in the last quarter. Madison Asset Management LLC increased its position in CocaCola by 148.2% during the 4th quarter. Madison Asset Management LLC now owns 24,388 shares of the company’s stock worth $1,705,000 after purchasing an additional 14,563 shares in the last quarter. Patrick M Sweeney & Associates Inc. increased its position in CocaCola by 1.8% during the 4th quarter. Patrick M Sweeney & Associates Inc. now owns 9,160 shares of the company’s stock worth $640,000 after purchasing an additional 166 shares in the last quarter. World Investment Advisors increased its position in CocaCola by 9.8% during the 4th quarter. World Investment Advisors now owns 188,641 shares of the company’s stock worth $12,229,000 after purchasing an additional 16,885 shares in the last quarter. Finally, Hirtle Callaghan & Co LLC increased its position in CocaCola by 2.9% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 10,085 shares of the company’s stock worth $705,000 after purchasing an additional 285 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Stock Up 1.8%

Shares of NYSE:KO opened at $80.07 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.00. The stock has a market capitalization of $344.50 billion, a P/E ratio of 25.18, a PEG ratio of 3.14 and a beta of 0.35. The stock has a 50-day simple moving average of $76.92 and a 200-day simple moving average of $74.03.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently disclosed 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 2.6%. CocaCola’s payout ratio is currently 66.67%.

Insider Activity at CocaCola

In other CocaCola news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the sale, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. The trade was a 57.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John Murphy sold 72,449 shares of CocaCola stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total value of $5,833,593.48. Following the sale, the chief financial officer owned 279,917 shares in the company, valued at $22,538,916.84. This represents a 20.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 755,101 shares of company stock worth $59,988,566 over the last ninety days. Company insiders own 0.90% of the company’s stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is being viewed as a potential beneficiary of growing demand in energy and functional beverages, with investors focusing on its innovation efforts and Monster partnership as possible growth catalysts. Coca-Cola’s Energy Drink Expansion: Growth Catalyst Ahead?
• Positive Sentiment: The company’s recent earnings beat, solid revenue growth, and steady dividend outlook continue to support the stock’s defensive appeal, especially as investors favor consumer staples in uncertain markets.
• Neutral Sentiment: Analysts remain broadly constructive, with several recent price-target increases and a consensus Buy rating, which helps reinforce confidence in Coca-Cola’s longer-term outlook.
• Negative Sentiment: Concerns emerged over a Diet Coke shortage in parts of India, where aluminum can supply disruptions are limiting availability and highlighting geopolitical and supply-chain risk for Coca-Cola’s global operations. There’s a Diet Coke shortage in India. What’s going on?
• Negative Sentiment: Chairman James Quincey sold 200,000 shares in a recent insider transaction, which can weigh on sentiment even though insider sales do not necessarily signal a change in business fundamentals. CocaCola (NYSE:KO) Chairman Sells $15,780,000.00 in Stock

Analyst Ratings Changes

A number of analysts recently commented on KO shares. Barclays lifted their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Jefferies Financial Group lifted their price objective on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Evercore reiterated an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Wells Fargo & Company lifted their price objective on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, JPMorgan Chase & Co. lifted their price objective on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently 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.