B.A. Schrock Wealth Management Inc. Acquires New Holdings in CocaCola Company (The) $KO

B.A. Schrock Wealth Management Inc. acquired a new position in CocaCola Company (The) (NYSE:KO) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,256 shares of the company’s stock, valued at approximately $883,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in KO. Howard Financial Services LTD. boosted its stake in shares of CocaCola by 7.8% during the 3rd quarter. Howard Financial Services LTD. now owns 14,987 shares of the company’s stock worth $1,290,000 after acquiring an additional 1,083 shares during the last quarter. Ashurst Perkins Coie Trust Co grew its position in shares of CocaCola by 52.3% during the 3rd quarter. Ashurst Perkins Coie Trust Co now owns 1,930 shares of the company’s stock valued at $166,000 after acquiring an additional 663 shares during the period. Mather Group LLC. grew its position in shares of CocaCola by 2.9% during the 3rd quarter. Mather Group LLC. now owns 78,231 shares of the company’s stock valued at $6,734,000 after acquiring an additional 2,237 shares during the period. MPS Loria Financial Planners LLC increased its stake in shares of CocaCola by 7.7% in the 3rd quarter. MPS Loria Financial Planners LLC now owns 3,708 shares of the company’s stock worth $319,000 after purchasing an additional 265 shares in the last quarter. Finally, Fortitude Family Office LLC increased its stake in shares of CocaCola by 127.6% in the 3rd quarter. Fortitude Family Office LLC now owns 3,079 shares of the company’s stock worth $265,000 after purchasing an additional 1,726 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Price Performance

KO stock opened at $91.78 on Thursday. CocaCola Company has a one year low of $66.92 and a one year high of $92.49. The company’s fifty day moving average price is $88.24 and its 200-day moving average price is $83.16. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The company has a market capitalization of $394.88 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 3.51 and a beta of 0.32.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts anticipate that CocaCola Company will post 3.30 EPS for the current fiscal year.

Insider Activity

In other news, insider Bruno Pietracci sold 111,365 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the transaction, the insider owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of CocaCola stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares in the company, valued at $20,186,798.70. This trade represents a 18.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 926,620 shares of company stock valued at $83,075,714. 0.90% of the stock is owned by corporate insiders.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Relative strength and market resilience: Coca-Cola closed at $91.78 after gaining 1.85% in the latest session, while the market declined. The move reflects continued interest in the company’s defensive consumer-staples profile. Coca-Cola Gains As Market Dips: What You Should Know
• Positive Sentiment: Bullish technical trend: KO recently moved above its 50-day moving average and has outperformed key industry benchmarks, signals that may attract momentum-focused investors. Coca-Cola Stock Breaks Above 50-Day Moving Average
• Positive Sentiment: Fundamental and comparative support: Coca-Cola previously exceeded quarterly earnings and revenue expectations and raised its full-year adjusted earnings guidance. PepsiCo’s decision to lower its outlook amid weak North American volumes further supports KO’s relative positioning among beverage companies. Coca-Cola vs. PepsiCo: Which Dividend King Deserves a Premium Valuation
• Positive Sentiment: Growth opportunity in functional beverages: Reports that Coca-Cola is preparing to compete with Poppi and Olipop point to efforts to capture demand for prebiotic and better-for-you soft drinks. Coca-Cola Has a Gut Feeling It Can Take on Poppi and Olipop
• Neutral Sentiment: Analyst attention and upcoming catalysts: Broker opinions and heavy investor searches are increasing visibility around KO, while investors are watching potential Costa Coffee sale discussions and the company’s October 27 third-quarter earnings release. What Investment Firms Are Saying About Coca-Cola
• Negative Sentiment: Dividend sustainability concern: Coca-Cola’s dividend payments reportedly exceeded free cash flow by billions last year. Although its 63-year record of annual increases remains attractive, elevated payout requirements could limit financial flexibility. Coca-Cola Has Raised Dividends for 63 Years

Analyst Ratings Changes

A number of equities analysts recently commented on KO shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Bank of America upped their price target on CocaCola from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Daiwa Securities Group raised their price objective on CocaCola from $83.00 to $93.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Rothschild & Co Redburn lifted their price objective on CocaCola from $86.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada boosted their price objective on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, CocaCola presently has an average rating of “Moderate Buy” and an average price target of $96.05.

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.