Chilton Investment Co. Inc. Buys 31,300 Shares of CocaCola Company (The) $KO

Chilton Investment Co. Inc. increased its stake in CocaCola Company (The) (NYSE:KO) by 352.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,186 shares of the company’s stock after buying an additional 31,300 shares during the period. Chilton Investment Co. Inc.’s holdings in CocaCola were worth $2,665,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in CocaCola in the 2nd quarter worth about $26,000. Marquette Asset Management LLC purchased a new position in shares of CocaCola during the third quarter worth approximately $27,000. Cloud Capital Management LLC bought a new stake in shares of CocaCola during the third quarter valued at approximately $27,000. Redmont Wealth Advisors LLC purchased a new stake in shares of CocaCola in the third quarter valued at approximately $30,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of CocaCola in the third quarter valued at approximately $34,000. Institutional investors own 70.26% of the company’s stock.

Analyst Ratings Changes

KO has been the topic of several research reports. Truist Financial set a $85.00 price objective on CocaCola in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $83.00 target price on shares of CocaCola in a report on Thursday, January 29th. Morgan Stanley set a $88.00 price target on CocaCola in a research report on Wednesday. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. Finally, Citigroup lifted their price objective on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. According to data from MarketBeat.com, CocaCola has a consensus rating of “Buy” and a consensus target price of $84.40.

Insiders Place Their Bets

In other news, EVP Monica Howard Douglas sold 23,880 shares of the firm’s 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 sale, the executive vice president directly owned 17,725 shares in the company, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Murphy sold 99,437 shares of CocaCola stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the completion of the transaction, the chief financial officer directly owned 410,550 shares in the company, valued at approximately $33,016,431. The trade was a 19.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 in the last three months. 0.97% of the stock is currently owned by insiders.

CocaCola Stock Performance

Shares of KO stock opened at $77.34 on Friday. The firm has a market cap of $332.60 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 3.24 and a beta of 0.35. The company’s 50 day moving average is $75.64 and its 200 day moving average is $71.39. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.00.

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

CocaCola Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.7%. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. CocaCola’s payout ratio is presently 67.11%.

About CocaCola

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.