First Horizon Corp Purchases 45,581 Shares of CocaCola Company (The) $KO

First Horizon Corp increased its position in shares of CocaCola Company (The) (NYSE:KO) by 21.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 261,940 shares of the company’s stock after buying an additional 45,581 shares during the quarter. First Horizon Corp’s holdings in CocaCola were worth $19,921,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Anfield Capital Management LLC increased its stake in shares of CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the last quarter. Louisbourg Investments Inc. bought a new stake in shares of CocaCola in the first quarter valued at about $25,000. Headlands Technologies LLC acquired a new position in shares of CocaCola during the 2nd quarter worth approximately $26,000. Evolution Wealth Management Inc. grew its stake in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after buying an additional 357 shares in the last quarter. Finally, Daytona Street Capital LLC acquired a new stake in CocaCola in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

CocaCola Stock Performance

CocaCola stock opened at $82.50 on Friday. The firm’s 50 day simple moving average is $80.70 and its 200 day simple moving average is $77.12. The firm has a market capitalization of $354.93 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 3.33 and a beta of 0.34. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $85.68.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts expect that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a dividend of $0.53 per share. The ex-dividend date was Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola announced a global strategic beverage partnership with Marriott International, making KO Marriott’s primary beverage provider across guestrooms, restaurants, lounges, and events. The phased worldwide rollout could expand Coca-Cola’s reach in the hospitality channel and support sales for its broader beverage portfolio. Article Title
• Positive Sentiment: Separate coverage highlighted the Marriott deal as potentially “game changing” for Coca-Cola, reinforcing investor optimism that the new distribution agreement could become a meaningful growth driver over time. Article Title
• Neutral Sentiment: Several articles focused on Coca-Cola’s long-term appeal and steady compounding profile, which supports the stock’s defensive reputation but does not point to an immediate catalyst. Article Title
• Neutral Sentiment: Some commentary questioned whether KO has become expensive after its recent run, which could temper upside as investors weigh valuation against Coca-Cola’s stable fundamentals. Article Title
• Negative Sentiment: Despite the broader market moving higher, Coca-Cola was cited as closing lower in the latest session, suggesting some near-term profit-taking or cautious sentiment around the stock. Article Title

Wall Street Analyst Weigh In

Several research firms have weighed in on KO. Sanford C. Bernstein set a $83.00 price target on shares of CocaCola in a research note on Thursday. Barclays boosted their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Piper Sandler reiterated an “overweight” rating on shares of CocaCola in a research note on Friday, June 26th. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company upped their price target on CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Fifteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $86.81.

Insider Transactions at CocaCola

In related news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman owned 122,833 shares in the company, valued at $9,842,608.29. This trade represents a 78.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 31,625 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 899,905 shares of company stock worth $71,832,315. 0.90% of the stock is currently owned by corporate insiders.

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.