Invesco Ltd. Purchases 1,393,760 Shares of CocaCola Company (The) $KO

Invesco Ltd. grew its position in CocaCola Company (The) (NYSE:KO) by 5.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,721,843 shares of the company’s stock after purchasing an additional 1,393,760 shares during the period. Invesco Ltd. owned about 0.62% of CocaCola worth $1,772,193,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Summitry LLC increased its stake in CocaCola by 1.9% in the 2nd quarter. Summitry LLC now owns 7,865 shares of the company’s stock valued at $556,000 after buying an additional 149 shares during the last quarter. Ashton Thomas Securities LLC boosted its stake in shares of CocaCola by 1.2% in the 3rd quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company’s stock worth $835,000 after buying an additional 149 shares during the last quarter. Diversified Enterprises LLC boosted its stake in shares of CocaCola by 1.0% in the 3rd quarter. Diversified Enterprises LLC now owns 14,656 shares of the company’s stock worth $972,000 after buying an additional 150 shares during the last quarter. Capital Management Associates Inc grew its holdings in shares of CocaCola by 4.0% in the third quarter. Capital Management Associates Inc now owns 3,915 shares of the company’s stock valued at $260,000 after acquiring an additional 150 shares in the last quarter. Finally, Parsons Capital Management Inc. RI grew its holdings in shares of CocaCola by 0.6% in the third quarter. Parsons Capital Management Inc. RI now owns 23,992 shares of the company’s stock valued at $1,591,000 after acquiring an additional 150 shares in the last quarter. 70.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the transaction, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. This trade represents a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John Murphy sold 72,449 shares of the business’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 sale, the chief financial officer directly 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 892,925 shares of company stock worth $70,254,796 in the last ninety days. 0.97% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

KO has been the topic of a number of recent analyst reports. Barclays lifted their price target on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. upped their price objective on CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research report on Wednesday, February 11th. Truist Financial set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $84.40.

CocaCola Price Performance

CocaCola stock opened at $77.56 on Friday. The business’s 50 day simple moving average is $75.47 and its 200 day simple moving average is $71.31. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The company has a market cap of $333.55 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 3.25 and a beta of 0.35. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23.

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

CocaCola Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.53 dividend. This is an increase from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola’s payout ratio is 67.11%.

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.