Xponance Inc. Has $53.28 Million Stake in CocaCola Company (The) $KO

Xponance Inc. grew its holdings in shares of CocaCola Company (The) (NYSE:KO) by 2.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 803,391 shares of the company’s stock after purchasing an additional 17,026 shares during the period. CocaCola comprises 0.4% of Xponance Inc.’s holdings, making the stock its 27th largest holding. Xponance Inc.’s holdings in CocaCola were worth $53,281,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of CocaCola by 13.3% in the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after buying an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after buying an additional 293 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in CocaCola during the first quarter valued at $210,000. United Bank grew its holdings in CocaCola by 9.5% during the 2nd quarter. United Bank now owns 91,201 shares of the company’s stock worth $6,452,000 after acquiring an additional 7,903 shares during the period. Finally, Jennison Associates LLC raised its position in shares of CocaCola by 52.8% in the 2nd quarter. Jennison Associates LLC now owns 109,854 shares of the company’s stock worth $7,772,000 after acquiring an additional 37,973 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Price Performance

Shares of NYSE:KO opened at $80.48 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23. The stock has a market cap of $346.12 billion, a PE ratio of 26.47, a price-to-earnings-growth ratio of 3.37 and a beta of 0.36. The stock’s fifty day simple moving average is $73.80 and its two-hundred day simple moving average is $70.74. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $81.09.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. The company had revenue of $11.82 billion during the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, analysts forecast that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. This is a boost from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s payout ratio is 67.11%.

Insider Activity at CocaCola

In other CocaCola news, CEO James Quincey sold 337,824 shares of CocaCola stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total value of $26,046,230.40. Following the sale, the chief executive officer owned 342,546 shares of the company’s stock, valued at approximately $26,410,296.60. The trade was a 49.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.97% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Evercore reaffirmed an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Wells Fargo & Company raised their price objective on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $83.00 target price on shares of CocaCola in a research report on Thursday, January 29th. Barclays raised their price target on shares of CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of CocaCola in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $84.33.

CocaCola 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.