CocaCola Company (The) $KO Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich cut its holdings in CocaCola Company (The) (NYSE:KO) by 0.5% during the fourth quarter, HoldingsChannel reports. The firm owned 3,334,653 shares of the company’s stock after selling 17,243 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in CocaCola were worth $233,228,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Western Wealth Management LLC boosted its holdings in shares of CocaCola by 13.4% in the fourth quarter. Western Wealth Management LLC now owns 48,752 shares of the company’s stock valued at $3,408,000 after acquiring an additional 5,766 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of CocaCola by 1.9% in the fourth quarter. Allworth Financial LP now owns 620,578 shares of the company’s stock valued at $43,385,000 after acquiring an additional 11,505 shares in the last quarter. Proactive Wealth Strategies LLC boosted its holdings in shares of CocaCola by 17.4% in the fourth quarter. Proactive Wealth Strategies LLC now owns 48,583 shares of the company’s stock valued at $3,396,000 after acquiring an additional 7,191 shares in the last quarter. Rayburn West Financial Services LLC purchased a new stake in shares of CocaCola in the fourth quarter valued at about $1,167,000. Finally, Navalign LLC boosted its holdings in shares of CocaCola by 2.9% in the fourth quarter. Navalign LLC now owns 24,897 shares of the company’s stock valued at $1,741,000 after acquiring an additional 703 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Stock Up 0.3%

Shares of NYSE KO opened at $80.28 on Thursday. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.00. The company has a market capitalization of $345.39 billion, a PE ratio of 25.24, a price-to-earnings-growth ratio of 3.20 and a beta of 0.35. 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 firm’s 50-day moving average is $76.93 and its two-hundred day moving average is $74.10.

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

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued 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 Monday, June 15th. CocaCola’s dividend payout ratio is 66.67%.

Wall Street Analyst Weigh In

KO has been the topic of several analyst reports. UBS Group lifted their target price on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their target price on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Wells Fargo & Company upped their target price on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Deutsche Bank Aktiengesellschaft upped their target price on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, March 30th. Finally, Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $86.27.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola’s push into energy drinks and functional beverages is being viewed as a potential growth catalyst, with new flavors, lower-sugar options, and its Monster partnership helping the company target faster-growing categories beyond traditional soft drinks.
• Positive Sentiment: The company recently beat quarterly expectations, reporting stronger-than-expected EPS and revenue along with 11.4% year-over-year revenue growth, which supports the case for solid underlying business momentum.
• Positive Sentiment: Analyst sentiment remains constructive, with several firms raising price targets and the consensus rating still at Buy, suggesting Wall Street sees room for further upside.
• Neutral Sentiment: Coca-Cola also announced a quarterly dividend of $0.53 per share, reinforcing its appeal as a defensive income stock for long-term investors.
• Negative Sentiment: Recent insider selling by Chairman James Quincey, including a 200,000-share sale, may create some investor caution, even though insider sales do not necessarily signal weakening fundamentals.
• Negative Sentiment: A Diet Coke shortage in parts of India, linked to aluminum can supply constraints and broader geopolitical disruptions, highlights operational and supply-chain risks that could pressure near-term sales in certain markets.

Insider Buying and Selling

In related news, CFO John Murphy sold 72,449 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 279,917 shares of the company’s stock, valued at approximately $22,538,916.84. This represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman James Quincey sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $78.90, for a total transaction of $15,780,000.00. Following the transaction, the chairman directly owned 78,155 shares in the company, valued at $6,166,429.50. The trade was a 71.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 755,101 shares of company stock valued at $59,988,566. 0.90% of the stock is owned by company 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.