CocaCola Company (The) $KO Shares Bought by Greenspring Advisors LLC

Greenspring Advisors LLC grew its holdings in shares of CocaCola Company (The) (NYSE:KOFree Report) by 124.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,257 shares of the company’s stock after purchasing an additional 9,027 shares during the quarter. Greenspring Advisors LLC’s holdings in CocaCola were worth $1,137,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of KO. Anfield Capital Management LLC raised 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 acquiring an additional 294 shares during the period. Headlands Technologies LLC purchased a new position in shares of CocaCola during the 2nd quarter worth $26,000. Evolution Wealth Management Inc. raised its holdings in shares of CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after acquiring an additional 357 shares during the period. Daytona Street Capital LLC purchased a new position in shares of CocaCola during the 4th quarter worth $29,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of CocaCola during the 3rd quarter worth $30,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

KO has been the topic of several analyst reports. UBS Group lifted their price target on CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company boosted their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Jefferies Financial Group boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Finally, Truist Financial set a $85.00 price objective on CocaCola in a research report on Wednesday, February 11th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $86.80.

Check Out Our Latest Report on CocaCola

Insider Activity at CocaCola

In related news, EVP Monica Howard Douglas sold 23,880 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the transaction, the executive vice president directly owned 17,725 shares of the company’s stock, valued at $1,371,383.25. This represents a 57.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This trade 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 255,505 shares of company stock valued at $20,187,007 over the last three months. 0.90% of the stock is owned by corporate insiders.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

CocaCola Stock Performance

Shares of KO opened at $78.81 on Thursday. The stock has a 50 day moving average price of $77.96 and a 200 day moving average price of $75.24. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $339.07 billion, a price-to-earnings ratio of 24.78, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.66.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Research analysts predict 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. Investors of record on Monday, June 15th will be issued a $0.53 dividend. 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 is 66.67%.

About CocaCola

(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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