Jones Kertz & Associates Inc. Invests $1.09 Million in CocaCola Company (The) $KO

Jones Kertz & Associates Inc. bought a new position in CocaCola Company (The) (NYSE:KO) in the fourth quarter, HoldingsChannel reports. The firm bought 15,516 shares of the company’s stock, valued at approximately $1,085,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of KO. Brighton Jones LLC boosted its holdings in shares of CocaCola by 13.3% in the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,591 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after acquiring an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of CocaCola in the 1st quarter worth about $210,000. Jump Financial LLC lifted its holdings in shares of CocaCola by 450.5% in the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock worth $2,800,000 after acquiring an additional 32,392 shares during the last quarter. Finally, Osterweis Capital Management Inc. lifted its holdings in shares of CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock worth $75,000 after acquiring an additional 899 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Trading Down 0.3%

NYSE KO opened at $75.53 on Tuesday. The company’s 50-day moving average price is $77.45 and its 200-day moving average price is $73.04. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23. The stock has a market cap of $325.08 billion, a PE ratio of 24.84, a PEG ratio of 3.20 and a beta of 0.36. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00.

CocaCola (NYSE:KO) last posted 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 net margin of 27.34% and a return on equity of 41.31%. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Equities research analysts forecast that CocaCola Company will post 3.23 earnings per share for the current year.

CocaCola Increases Dividend

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

Analysts Set New Price Targets

Several research firms have recently issued reports on KO. Jefferies Financial 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 Monday, March 16th. Morgan Stanley set a $88.00 target price on shares of CocaCola in a report on Wednesday, March 11th. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Evercore reiterated an “outperform” rating and issued a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada set a $87.00 price target on CocaCola in a report on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $85.00.

Insider Transactions at CocaCola

In related news, EVP Nancy Quan sold 23,556 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $17,754,735. The trade was a 9.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James Quincey sold 250,688 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total value of $19,839,448.32. Following the completion of the sale, the chief executive officer owned 278,155 shares of the company’s stock, valued at $22,013,186.70. The trade was a 47.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 892,925 shares of company stock valued at $70,254,796 in the last ninety days. Corporate insiders own 0.90% of the company’s stock.

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.