Fideuram Intesa Sanpaolo Private Banking S.P.A. Has $3.88 Million Stock Holdings in CocaCola Company (The) $KO

Fideuram Intesa Sanpaolo Private Banking S.P.A. decreased its position in shares of CocaCola Company (The) (NYSE:KOFree Report) by 72.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,089 shares of the company’s stock after selling 131,653 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in CocaCola were worth $3,885,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of CocaCola during the fourth quarter worth $3,865,807,000. Cardano Risk Management B.V. boosted its holdings in shares of CocaCola by 867.2% during the 4th quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock valued at $1,008,954,000 after acquiring an additional 12,939,959 shares in the last quarter. Marshall Wace LLP grew its position in CocaCola by 1,206.9% during the 4th quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after acquiring an additional 9,826,768 shares during the last quarter. Bank of America Corp DE increased its holdings in CocaCola by 29.2% in the 4th quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock worth $2,809,146,000 after purchasing an additional 9,078,447 shares in the last quarter. Finally, Capital World Investors raised its position in CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after purchasing an additional 6,246,627 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares in the company, valued at $14,412,772.64. This represents a 35.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 on Friday, May 15th. The shares were 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 approximately $18,074,096.90. This represents 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 sold 899,905 shares of company stock worth $71,832,315 in the last quarter. 0.90% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on KO shares. Piper Sandler restated an “overweight” rating on shares of CocaCola in a research report on Friday, June 26th. Jefferies Financial Group upped their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Sanford C. Bernstein started coverage on CocaCola in a research note on Thursday, June 11th. They issued a “market perform” rating and a $84.00 price target for the company. Deutsche Bank Aktiengesellschaft increased their target price on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Finally, Citigroup raised their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Fifteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.88.

View Our Latest Analysis on CocaCola

CocaCola Trading Down 0.2%

NYSE:KO opened at $83.93 on Friday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $84.14. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $361.11 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 3.36 and a beta of 0.34. The firm has a fifty day simple moving average of $80.18 and a two-hundred day simple moving average of $76.72.

CocaCola (NYSE:KOGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $12.24 billion. During the same quarter in the prior year, the firm earned $0.73 EPS. The business’s revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Analysts expect that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a $0.53 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.5%. CocaCola’s payout ratio is currently 66.67%.

Trending Headlines about CocaCola

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CocaCola Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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