CocaCola Company (The) $KO Shares Acquired by World Equity Group Inc.

World Equity Group Inc. lifted its holdings in CocaCola Company (The) (NYSE:KO) by 99.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,632 shares of the company’s stock after buying an additional 21,210 shares during the period. CocaCola makes up 0.8% of World Equity Group Inc.’s holdings, making the stock its 25th biggest position. World Equity Group Inc.’s holdings in CocaCola were worth $3,242,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Louisbourg Investments Inc. acquired a new stake in CocaCola in the 1st quarter valued at about $25,000. Anfield Capital Management LLC boosted its holdings 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. 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 position in shares of CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after purchasing an additional 357 shares in the last quarter. Finally, Daytona Street Capital LLC purchased a new stake in shares of CocaCola in the fourth quarter valued at approximately $29,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Heavy call-option activity suggests traders are positioning for a rebound or expecting volatility around the stock. Traders bought 75,333 call options, well above the recent average. Quiver Quant article on Coca-Cola options activity and cyberattack
• Neutral Sentiment: Some coverage noted KO benefiting from its defensive profile as investors look for more stable dividend names ahead of earnings, which may be helping support interest in the stock despite the cybersecurity issue. Benzinga article on Coca-Cola stock movement
• Neutral Sentiment: Coca-Cola also announced a quarterly dividend, reinforcing its appeal as a high-quality income stock, though this is unlikely to be the main driver of today’s trading.
• Negative Sentiment: The fairlife cyberattack is the key negative catalyst, since it hit a growth brand and temporarily suspended U.S. production, raising fears of lost revenue and added recovery costs. Reuters article on fairlife production halt

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on KO shares. Sanford C. Bernstein set a $83.00 price objective on CocaCola in a research report on Thursday, July 9th. UBS Group upped their target price on CocaCola from $92.00 to $98.00 and gave the company a “buy” rating in a report on Thursday. Wells Fargo & Company raised their target price on CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Finally, Morgan Stanley set a $89.00 price target on shares of CocaCola in a research report on Wednesday, June 10th. Fifteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.81.

Insider Activity

In other news, Chairman James Quincey sold 436,296 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the transaction, the chairman directly owned 122,833 shares in the company, valued at approximately $9,842,608.29. This represents a 78.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. The trade was a 12.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 899,905 shares of company stock valued at $71,832,315 in the last quarter. Insiders own 0.90% of the company’s stock.

CocaCola Stock Down 4.0%

Shares of NYSE KO opened at $81.50 on Friday. The company has a market capitalization of $350.65 billion, a P/E ratio of 25.63, a P/E/G ratio of 3.26 and a beta of 0.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company has a 50 day simple moving average of $81.25 and a 200-day simple moving average of $77.63. 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 data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates 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 firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio is 66.67%.

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.