Commonwealth of Pennsylvania Public School Empls Retrmt SYS Trims Position in CocaCola Company (The) $KO

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in shares of CocaCola Company (The) (NYSE:KO) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 900,521 shares of the company’s stock after selling 29,600 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in CocaCola were worth $62,955,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Eurizon SLJ Capital Ltd acquired a new position in CocaCola during the fourth quarter worth approximately $552,000. Farther Finance Advisors LLC increased its position in CocaCola by 38.1% during the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after purchasing an additional 30,786 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its position in CocaCola by 82.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock worth $3,296,000 after purchasing an additional 22,444 shares during the last quarter. Atlantic Union Bankshares Corp increased its position in CocaCola by 19.9% during the third quarter. Atlantic Union Bankshares Corp now owns 120,866 shares of the company’s stock worth $8,016,000 after purchasing an additional 20,032 shares during the last quarter. Finally, Capitolis Liquid Global Markets LLC increased its position in CocaCola by 16.4% during the third quarter. Capitolis Liquid Global Markets LLC now owns 710,000 shares of the company’s stock worth $47,087,000 after purchasing an additional 100,000 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Analyst Upgrades and Downgrades

KO has been the subject of several research analyst reports. TD Cowen upped their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. UBS Group increased their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company increased their price objective on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Barclays increased their price objective on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $86.80.

Insider Buying and Selling at CocaCola

In related news, insider Bruno Pietracci sold 28,765 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the sale, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at approximately $22,538,916.84. The trade was a 20.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 630,963 shares of company stock worth $50,016,979. 0.90% of the stock is currently owned by insiders.

CocaCola Price Performance

CocaCola stock opened at $78.96 on Friday. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.66. The firm has a fifty day moving average of $77.75 and a 200-day moving average of $75.06. The firm has a market capitalization of $339.71 billion, a P/E ratio of 24.83, a PEG ratio of 3.16 and a beta of 0.35. 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 released its quarterly earnings data 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 company had revenue of $12.47 billion during 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%. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts predict that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is presently 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.