Arbejdsmarkedets Tillaegspension Buys New Shares in CocaCola Company (The) $KO

Arbejdsmarkedets Tillaegspension purchased a new position in shares of CocaCola Company (The) (NYSE:KO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 331,844 shares of the company’s stock, valued at approximately $23,199,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Planning Partners Inc. boosted its holdings in CocaCola by 1.1% in the fourth quarter. Avantax Planning Partners Inc. now owns 180,273 shares of the company’s stock valued at $12,603,000 after purchasing an additional 1,885 shares during the last quarter. Conning Inc. boosted its holdings in CocaCola by 0.6% in the fourth quarter. Conning Inc. now owns 503,099 shares of the company’s stock valued at $35,172,000 after purchasing an additional 3,166 shares during the last quarter. New York Life Investment Management LLC boosted its holdings in CocaCola by 0.9% in the fourth quarter. New York Life Investment Management LLC now owns 531,000 shares of the company’s stock valued at $37,122,000 after purchasing an additional 4,803 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in CocaCola by 2.1% in the fourth quarter. Cornerstone Wealth Management LLC now owns 134,469 shares of the company’s stock valued at $9,401,000 after purchasing an additional 2,818 shares during the last quarter. Finally, Johnson & White Wealth Management LLC boosted its holdings in CocaCola by 4.2% in the fourth quarter. Johnson & White Wealth Management LLC now owns 14,760 shares of the company’s stock valued at $1,032,000 after purchasing an additional 595 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on KO. Royal Bank Of Canada set a $87.00 target price on CocaCola in a report on Wednesday, February 11th. Evercore reaffirmed an “outperform” rating and set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Truist Financial set a $85.00 target price on CocaCola in a report on Wednesday, February 11th. Barclays increased their target price on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Morgan Stanley set a $88.00 target price on CocaCola in a report on Wednesday, March 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $86.27.

Insider Activity at CocaCola

In other news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola 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 approximately $1,371,383.25. This trade represents a 57.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total value of $19,839,448.32. Following the transaction, the chief executive officer owned 278,155 shares in the company, valued at approximately $22,013,186.70. This trade represents a 47.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 755,101 shares of company stock worth $59,988,566 in the last quarter. Company insiders own 0.90% of the company’s stock.

CocaCola Trading Up 0.5%

Shares of NYSE:KO opened at $80.86 on Friday. The company has a market cap of $347.92 billion, a PE ratio of 25.43, a P/E/G ratio of 3.21 and a beta of 0.35. The company’s 50-day moving average price is $77.00 and its 200 day moving average price is $74.23. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. 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:KO) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating 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 analysts’ expectations of $12.24 billion. During the same period last year, the firm earned $0.73 EPS. The firm’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. Sell-side analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

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

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.