Kingdom Financial Group LLC. Buys New Stake in CocaCola Company (The) $KO

Kingdom Financial Group LLC. acquired a new position in CocaCola Company (The) (NYSE:KO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,514 shares of the company’s stock, valued at approximately $1,085,000. CocaCola accounts for approximately 0.3% of Kingdom Financial Group LLC.’s investment portfolio, making the stock its 29th largest position.

Several other hedge funds have also recently added to or reduced their stakes in KO. Anfield Capital Management LLC boosted its stake in CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares during the period. Headlands Technologies LLC acquired a new position in CocaCola in the 2nd quarter valued at approximately $26,000. Cloud Capital Management LLC acquired a new position in CocaCola in the 3rd quarter valued at approximately $27,000. Daytona Street Capital LLC acquired a new position in CocaCola in the 4th quarter valued at approximately $29,000. Finally, Redmont Wealth Advisors LLC acquired a new position in CocaCola in the 3rd quarter valued at approximately $30,000. Institutional investors own 70.26% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Wall Street commentary has stayed constructive on Coca-Cola, with firms including Citi, Wells Fargo, TD Cowen, JPMorgan, Barclays and Jefferies raising price targets or reiterating bullish ratings after the company’s solid Q1 results. CocaCola (NYSE:KO) Price Target Raised to $90.00 at Wells Fargo & Company
• Positive Sentiment: Recent coverage highlighted Coca-Cola’s Q1 beat on earnings and revenue, along with double-digit revenue growth and strong margins, reinforcing the view that the company can keep delivering steady performance. Spotting Winners: Coca-Cola (NYSE:KO) And Beverages, Alcohol, and Tobacco Stocks In Q1
• Positive Sentiment: Analysts and market commentators continue to frame KO as a “forever” stock thanks to its brand strength, pricing power, and reliable dividend, which is keeping income investors interested. Warren Buffett’s favorite stocks to buy and hold forever
• Neutral Sentiment: Coca-Cola’s Fresca Hard launch expands the company into flavored alcoholic beverages, but investors are still waiting to see whether it becomes a meaningful growth driver. How Coca-Cola’s New Fresca Hard Alcohol Line Will Impact Coca-Cola (KO) Investors
• Neutral Sentiment: Insider selling by EVP Nancy Quan drew attention, but the company said the sale was for tax withholding tied to equity awards rather than a sign of weakening confidence. SEC Form 4 filing
• Negative Sentiment: Some commentary pointed to potential headwinds from foreign exchange volatility, commodity inflation, and geopolitical risks, which could pressure margins if global conditions worsen. Coca-Cola’s International Growth: Key Driver or Volatility Risk?

Insiders Place Their Bets

In other news, CEO James Quincey sold 250,688 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total value of $19,839,448.32. Following the completion of the transaction, the chief executive officer directly owned 278,155 shares of the company’s stock, valued at approximately $22,013,186.70. This represents a 47.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO John Murphy sold 99,437 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the transaction, the chief financial officer directly owned 410,550 shares of the company’s stock, valued at approximately $33,016,431. The trade was a 19.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 786,726 shares of company stock worth $62,547,977 in the last 90 days. 0.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KO has been the subject of several recent research reports. JPMorgan Chase & Co. upped their price target on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Evercore reaffirmed an “outperform” rating and issued a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. UBS Group upped their price target on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Barclays upped their price target on CocaCola from $85.00 to $89.00 and gave the company an “overweight” rating in a report on Thursday. Finally, TD Cowen upped their price target on CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $86.80.

CocaCola Trading Down 0.4%

Shares of KO opened at $81.21 on Friday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.66. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a 50 day simple moving average of $77.33 and a 200-day simple moving average of $74.60. The stock has a market cap of $349.41 billion, a PE ratio of 25.54, a PEG ratio of 3.26 and a beta of 0.35.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period in the prior year, the firm posted $0.73 EPS. CocaCola’s quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts predict that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. CocaCola’s dividend payout ratio is presently 66.67%.

CocaCola Company 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.