CocaCola Company (The) $KO Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its holdings in CocaCola Company (The) (NYSE:KO) by 10.5% in the first quarter, Holdings Channel reports. The institutional investor owned 168,577 shares of the company’s stock after acquiring an additional 15,963 shares during the quarter. Bleakley Financial Group LLC’s holdings in CocaCola were worth $12,820,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Eurizon SLJ Capital Ltd purchased a new position in shares of CocaCola in the fourth quarter valued at approximately $552,000. Farther Finance Advisors LLC increased its position in shares of CocaCola by 38.1% during the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after purchasing an additional 30,786 shares in the last quarter. King Luther Capital Management Corp increased its position in shares of CocaCola by 0.8% during the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock worth $269,330,000 after purchasing an additional 31,694 shares in the last quarter. Greenberg Financial Group acquired a new position in CocaCola in the 4th quarter valued at $507,000. Finally, Foguth Wealth Management LLC. acquired a new position in CocaCola in the 4th quarter valued at $1,097,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KO has been the topic of a number of research reports. Citigroup raised their price objective on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a report on Monday, May 18th. Sanford C. Bernstein set a $83.00 target price on shares of CocaCola in a research report on Thursday. TD Cowen raised their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Barclays boosted their price target on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, UBS Group upped their price objective on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Fifteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, CocaCola currently has an average rating of “Moderate Buy” and a consensus price target of $88.06.

Insider Buying and Selling

In other news, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the sale, the executive vice president owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This represents a 12.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the sale, the executive vice president owned 157,400 shares of the company’s stock, valued at $13,128,734. This represents a 13.22% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 899,905 shares of company stock worth $71,832,315. Insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

NYSE KO opened at $84.25 on Tuesday. The stock’s fifty day moving average is $80.90 and its two-hundred day moving average is $77.32. The firm has a market capitalization of $362.46 billion, a P/E ratio of 26.49, a price-to-earnings-growth ratio of 3.34 and a beta of 0.34. 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 fifty-two week low of $65.35 and a fifty-two week high of $85.68.

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. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. During the same period last year, the company earned $0.73 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were issued a $0.53 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. CocaCola’s dividend payout ratio is currently 66.67%.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola declared its 64th consecutive annual dividend increase, reinforcing its status as a Dividend King and appealing to income-focused investors. Article Title
• Positive Sentiment: Bank of America and Evercore ISI were both reported as bullish on KO, with Bank of America seeing about 15% upside and Evercore reiterating a buy rating, which can support investor confidence. Article Title
• Positive Sentiment: Analysts highlighted Coca-Cola as a low-beta defensive stock as geopolitical tensions and market volatility increase demand for stable, dividend-paying names. Article Title
• Positive Sentiment: Coverage on Coca-Cola’s digital push suggests the company is using data, personalization, and connected packaging to improve consumer engagement and repeat purchases, which could help long-term growth. Article Title
• Neutral Sentiment: Several comparison pieces versus PepsiCo, Johnson & Johnson, Keurig Dr Pepper, and Celsius kept KO in the spotlight as investors debate its valuation, yield, and defensive appeal, but these articles are mostly commentary rather than fresh company-specific catalysts.

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.