Buckhead Capital Management LLC Has $974,000 Stock Position in CocaCola Company (The) $KO

Buckhead Capital Management LLC raised its holdings in CocaCola Company (The) (NYSE:KOFree Report) by 179.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 13,938 shares of the company’s stock after acquiring an additional 8,949 shares during the quarter. Buckhead Capital Management LLC’s holdings in CocaCola were worth $974,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KO. Farther Finance Advisors LLC boosted its stake in shares of CocaCola by 38.1% in the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock valued at $7,802,000 after purchasing an additional 30,786 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in shares of CocaCola by 82.3% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock valued at $3,296,000 after purchasing an additional 22,444 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of CocaCola by 2.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,051,957 shares of the company’s stock valued at $136,086,000 after purchasing an additional 57,407 shares during the last quarter. Nicola Wealth Management LTD. boosted its stake in shares of CocaCola by 42.3% in the 3rd quarter. Nicola Wealth Management LTD. now owns 185,000 shares of the company’s stock valued at $12,269,000 after purchasing an additional 55,000 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its stake in shares of CocaCola by 19.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 120,866 shares of the company’s stock valued at $8,016,000 after purchasing an additional 20,032 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Stock Up 0.5%

Shares of NYSE KO opened at $81.56 on Friday. The firm has a market cap of $350.90 billion, a PE ratio of 25.65, a P/E/G ratio of 3.26 and a beta of 0.35. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.66. The company’s fifty day simple moving average is $77.41 and its 200 day simple moving average is $74.65. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

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

CocaCola Dividend Announcement

The business 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. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola’s dividend payout ratio is currently 66.67%.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

Insider Buying and Selling at CocaCola

In related news, CEO James Quincey sold 250,688 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the transaction, the chief executive officer directly owned 278,155 shares of the company’s stock, valued at $22,013,186.70. This represents a 47.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 786,726 shares of company stock valued at $62,547,977 over the last 90 days. Insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Citigroup upped their price objective on shares of CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. 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. Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Fifteen investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, CocaCola currently has an average rating of “Buy” and an average target price of $86.80.

Get Our Latest Report on CocaCola

CocaCola Company 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.

See Also

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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