CocaCola Company (The) $KO Shares Bought by MGO One Seven LLC

MGO One Seven LLC raised its stake in CocaCola Company (The) (NYSE:KO) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,291 shares of the company’s stock after buying an additional 6,796 shares during the quarter. MGO One Seven LLC’s holdings in CocaCola were worth $6,872,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Headlands Technologies LLC acquired a new position in CocaCola in the second quarter valued at approximately $26,000. Marquette Asset Management LLC acquired a new stake in CocaCola during the third quarter worth $27,000. Daytona Street Capital LLC acquired a new stake in CocaCola during the fourth quarter worth $29,000. Cloud Capital Management LLC purchased a new stake in CocaCola in the third quarter valued at $27,000. Finally, Elevated Capital Advisors LLC purchased a new stake in CocaCola in the fourth quarter valued at $30,000. 70.26% of the stock is owned by institutional investors and hedge funds.

CocaCola Trading Down 0.0%

NYSE KO opened at $78.40 on Friday. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.00. The firm has a 50 day moving average of $77.03 and a two-hundred day moving average of $73.84. 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 stock has a market capitalization of $337.32 billion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts expect 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 dividend of $0.53 per share. 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 payout ratio is 66.67%.

Insider Buying and Selling at CocaCola

In related news, EVP Monica Howard Douglas sold 23,880 shares of the business’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 transaction of $1,847,595.60. Following the completion of the sale, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 555,101 shares of company stock worth $44,208,566. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. TD Cowen increased their price target on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. JPMorgan Chase & Co. upped their target price on shares of CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Jefferies Financial Group lifted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, UBS Group boosted their price target on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Fifteen investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $86.27.

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.