First Financial Bankshares Inc Grows Stock Holdings in CocaCola Company (The) $KO

First Financial Bankshares Inc grew its position in shares of CocaCola Company (The) (NYSE:KOFree Report) by 3.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 949,898 shares of the company’s stock after acquiring an additional 27,726 shares during the period. CocaCola comprises 1.3% of First Financial Bankshares Inc’s portfolio, making the stock its 28th largest position. First Financial Bankshares Inc’s holdings in CocaCola were worth $62,997,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of KO. Paulson Wealth Management Inc. raised its position in CocaCola by 2.2% during the 2nd quarter. Paulson Wealth Management Inc. now owns 6,773 shares of the company’s stock valued at $479,000 after purchasing an additional 149 shares during the last quarter. Summitry LLC grew its position in shares of CocaCola by 1.9% in the 2nd quarter. Summitry LLC now owns 7,865 shares of the company’s stock worth $556,000 after buying an additional 149 shares during the last quarter. Ashton Thomas Securities LLC raised its holdings in shares of CocaCola by 1.2% during the third quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company’s stock valued at $835,000 after acquiring an additional 149 shares in the last quarter. Cetera Trust Company N.A raised its holdings in shares of CocaCola by 0.5% during the second quarter. Cetera Trust Company N.A now owns 30,371 shares of the company’s stock valued at $2,149,000 after acquiring an additional 150 shares in the last quarter. Finally, Diversified Enterprises LLC lifted its stake in CocaCola by 1.0% in the third quarter. Diversified Enterprises LLC now owns 14,656 shares of the company’s stock worth $972,000 after acquiring an additional 150 shares during the period. 70.26% of the stock is owned by institutional investors.

CocaCola Price Performance

Shares of KO opened at $80.52 on Tuesday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $80.85. The firm’s 50-day simple moving average is $73.19 and its two-hundred day simple moving average is $70.53. The stock has a market cap of $346.35 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 3.35 and a beta of 0.36. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.46.

CocaCola (NYSE:KOGet Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be paid a $0.53 dividend. This is an increase from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, March 13th. CocaCola’s payout ratio is currently 67.11%.

Analyst Ratings Changes

A number of brokerages have issued reports on KO. Weiss Ratings reissued a “buy (b-)” rating on shares of CocaCola in a research report on Thursday, January 22nd. Jefferies Financial Group reduced their price target on shares of CocaCola from $88.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Citigroup increased their price target on shares of CocaCola from $85.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Bank of America lifted their price objective on CocaCola from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Finally, JPMorgan Chase & Co. increased their target price on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. One equities research 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.com, the stock presently has an average rating of “Buy” and a consensus target price of $84.33.

View Our Latest Research Report on CocaCola

Insider Buying and Selling at CocaCola

In other news, CEO James Quincey sold 337,824 shares of CocaCola stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $77.10, for a total value of $26,046,230.40. Following the completion of the transaction, the chief executive officer owned 342,546 shares of the company’s stock, valued at $26,410,296.60. The trade was a 49.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by insiders.

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CocaCola 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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