ABN Amro Investment Solutions Purchases 141,210 Shares of CocaCola Company (The) $KO

ABN Amro Investment Solutions raised its position in shares of CocaCola Company (The) (NYSE:KOFree Report) by 90.7% in the fourth quarter, HoldingsChannel reports. The firm owned 296,969 shares of the company’s stock after acquiring an additional 141,210 shares during the period. ABN Amro Investment Solutions’ holdings in CocaCola were worth $20,761,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of KO. Anfield Capital Management LLC raised its position in CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares in the last quarter. Headlands Technologies LLC bought a new stake in CocaCola during the 2nd quarter valued at $26,000. Cloud Capital Management LLC bought a new stake in CocaCola during the 3rd quarter valued at $27,000. Daytona Street Capital LLC bought a new stake in CocaCola during the 4th quarter valued at $29,000. Finally, Redmont Wealth Advisors LLC bought a new stake in CocaCola during the 3rd quarter valued at $30,000. 70.26% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction 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 transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Bruno Pietracci sold 28,765 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total value of $2,284,228.65. The SEC filing for this sale provides additional information. Insiders sold 786,726 shares of company stock worth $62,547,977 over the last quarter. Company insiders own 0.90% of the company’s stock.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

CocaCola Price Performance

Shares of KO opened at $81.62 on Thursday. The company has a market cap of $351.17 billion, a price-to-earnings ratio of 25.67, a price-to-earnings-growth ratio of 3.27 and a beta of 0.35. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.66. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The company has a 50 day moving average of $77.26 and a two-hundred day moving average of $74.52.

CocaCola (NYSE:KOGet Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. During the same period in the previous year, the business earned $0.73 EPS. The firm’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. As a group, analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s payout ratio is 66.67%.

Wall Street Analyst Weigh In

KO has been the subject of several recent research reports. Jefferies Financial Group boosted their price target on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Citigroup boosted their price target on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday. Barclays boosted their price target on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. boosted their price target on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Finally, TD Cowen boosted their price target on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $86.53.

View Our Latest Stock Report on CocaCola

CocaCola Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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