Fideuram Asset Management Ireland dac Invests $5.85 Million in CocaCola Company (The) $KO

Fideuram Asset Management Ireland dac bought a new position in shares of CocaCola Company (The) (NYSE:KO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 83,573 shares of the company’s stock, valued at approximately $5,848,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. National Pension Service raised its holdings in shares of CocaCola by 2.4% in the fourth quarter. National Pension Service now owns 9,105,640 shares of the company’s stock valued at $636,575,000 after acquiring an additional 217,403 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new stake in shares of CocaCola in the fourth quarter valued at about $219,000. Rothschild Investment LLC raised its holdings in shares of CocaCola by 1.4% in the fourth quarter. Rothschild Investment LLC now owns 20,689 shares of the company’s stock valued at $1,446,000 after acquiring an additional 295 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of CocaCola in the fourth quarter valued at about $1,544,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of CocaCola by 4.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 869,510 shares of the company’s stock valued at $60,787,000 after acquiring an additional 38,547 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Jefferies Financial Group lifted their price objective on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a report on Monday, March 16th. Evercore restated an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. JPMorgan Chase & Co. lifted their price objective on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Finally, Truist Financial set a $85.00 price objective on CocaCola in a report on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $86.80.

CocaCola Price Performance

Shares of KO stock opened at $80.45 on Friday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.66. The firm has a market capitalization of $346.13 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 3.26 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The stock’s 50-day simple moving average is $77.69 and its 200-day simple moving average is $75.03.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, April 28th. The company reported $0.86 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 firm had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The company’s revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. CocaCola’s payout ratio is presently 66.67%.

Insider Buying and Selling

In other CocaCola news, CEO James Quincey sold 250,688 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total value of $19,839,448.32. Following the completion of the transaction, the chief executive officer directly owned 278,155 shares of the company’s stock, valued at approximately $22,013,186.70. The trade was a 47.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction that occurred on 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 directly owned 17,725 shares of the company’s stock, valued at $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 630,963 shares of company stock valued at $50,016,979 in the last three months. 0.90% of the stock is currently owned by company insiders.

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.