CocaCola Company (The) $KO Shares Sold by Waverton Investment Management Ltd

Waverton Investment Management Ltd lowered its position in shares of CocaCola Company (The) (NYSE:KO) by 23.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,084 shares of the company’s stock after selling 15,689 shares during the quarter. Waverton Investment Management Ltd’s holdings in CocaCola were worth $3,388,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of CocaCola during the second quarter worth about $26,000. Marquette Asset Management LLC acquired a new position in CocaCola during the 3rd quarter worth approximately $27,000. Cloud Capital Management LLC purchased a new position in CocaCola in the 3rd quarter worth approximately $27,000. Redmont Wealth Advisors LLC acquired a new stake in CocaCola in the third quarter valued at approximately $30,000. Finally, MMA Asset Management LLC purchased a new stake in shares of CocaCola during the second quarter valued at approximately $34,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Stock Performance

KO stock opened at $81.46 on Monday. The stock’s 50 day simple moving average is $74.02 and its 200 day simple moving average is $70.82. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.00. The firm has a market cap of $350.32 billion, a P/E ratio of 26.79, a P/E/G ratio of 3.42 and a beta of 0.35. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $11.82 billion during the quarter, compared to the consensus estimate of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, equities research analysts predict that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.6%. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date is Friday, March 13th. CocaCola’s dividend payout ratio (DPR) is currently 67.11%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of CocaCola in a research note on Thursday, January 22nd. UBS Group upped their price objective on shares of CocaCola from $82.00 to $87.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Wells Fargo & Company raised their target price on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Jefferies Financial Group cut their price target on CocaCola from $88.00 to $87.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, Citigroup raised their price objective on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $84.33.

Insider Buying and Selling at CocaCola

In related news, CFO John Murphy sold 99,437 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the completion of the transaction, the chief financial officer owned 410,550 shares in the company, valued at $33,016,431. The trade was a 19.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Monica Howard Douglas sold 20,000 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $80.16, for a total value of $1,603,200.00. Following the completion of the sale, the executive vice president owned 57,532 shares in the company, valued at $4,611,765.12. The trade was a 25.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 493,587 shares of company stock worth $38,577,228. Insiders own 0.90% of the company’s stock.

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.