Wealth Enhancement Trust Services Inc. Invests $839,000 in CocaCola Company (The) $KO

Wealth Enhancement Trust Services Inc. purchased a new position in shares of CocaCola Company (The) (NYSE:KO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,000 shares of the company’s stock, valued at approximately $839,000.

Other large investors have also modified their holdings of the company. Headlands Technologies LLC bought a new position in shares of CocaCola during the second quarter worth about $26,000. Marquette Asset Management LLC bought a new position in shares of CocaCola during the third quarter worth about $27,000. Daytona Street Capital LLC bought a new position in CocaCola in the fourth quarter worth about $29,000. Cloud Capital Management LLC bought a new position in CocaCola in the third quarter worth about $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in CocaCola in the third quarter worth about $31,000. Institutional investors own 70.26% of the company’s stock.

Insider Buying and Selling

In other CocaCola news, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total value of $5,833,593.48. Following the sale, the chief financial officer owned 279,917 shares in the company, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bruno Pietracci sold 28,765 shares of the firm’s 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 892,925 shares of company stock valued at $70,254,796 in the last ninety days. Insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

Shares of NYSE KO opened at $75.77 on Monday. The firm’s 50-day moving average price is $77.50 and its two-hundred day moving average price is $72.98. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.00. The stock has a market capitalization of $326.13 billion, a P/E ratio of 24.92, a P/E/G ratio of 3.20 and a beta of 0.36. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KO) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The company had revenue of $11.82 billion for the quarter, compared to analyst estimates of $12.04 billion. During the same quarter last year, the business earned $0.55 earnings per share. CocaCola’s revenue was up 2.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, sell-side analysts forecast that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were paid a $0.53 dividend. The ex-dividend date was Friday, March 13th. This is an increase from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a dividend yield of 2.8%. CocaCola’s dividend payout ratio (DPR) is 69.74%.

Wall Street Analysts Forecast Growth

KO has been the topic of a number of recent research reports. Morgan Stanley set a $88.00 target price on shares of CocaCola in a report on Wednesday, March 11th. TD Cowen reissued a “buy” rating on shares of CocaCola in a report on Wednesday, February 11th. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. UBS Group raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Tuesday, April 7th. Finally, Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $85.00.

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.