Commerzbank Aktiengesellschaft FI grew its stake in CocaCola Company (The) (NYSE:KO – Free Report) by 7.1% in the fourth quarter, HoldingsChannel reports. The fund owned 2,220,868 shares of the company’s stock after acquiring an additional 147,094 shares during the period. CocaCola accounts for 3.2% of Commerzbank Aktiengesellschaft FI’s holdings, making the stock its 9th largest position. Commerzbank Aktiengesellschaft FI’s holdings in CocaCola were worth $155,261,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Anfield Capital Management LLC raised its stake in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after buying an additional 294 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of CocaCola during the second quarter worth approximately $26,000. Daytona Street Capital LLC bought a new stake in shares of CocaCola during the fourth quarter worth approximately $29,000. Cloud Capital Management LLC bought a new stake in shares of CocaCola during the third quarter worth approximately $27,000. Finally, Elevated Capital Advisors LLC bought a new stake in shares of CocaCola during the fourth quarter worth approximately $30,000. 70.26% of the stock is owned by institutional investors.
Insider Buying and Selling at CocaCola
In related news, CEO James Quincey sold 250,688 shares of the stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the transaction, the chief executive officer owned 278,155 shares in the company, valued at approximately $22,013,186.70. This represents a 47.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the transaction, the executive vice president owned 17,725 shares of the company’s stock, valued at $1,371,383.25. The trade was a 57.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 755,101 shares of company stock valued at $59,988,566 in the last three months. 0.90% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
CocaCola Stock Up 0.5%
CocaCola stock opened at $80.86 on Friday. The stock has a market capitalization of $347.92 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 3.21 and a beta of 0.35. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.00. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The company has a 50 day moving average of $77.00 and a 200-day moving average of $74.23.
CocaCola (NYSE:KO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities research analysts anticipate that CocaCola Company will post 3.26 EPS for the current fiscal year.
CocaCola Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola’s dividend payout ratio is presently 66.67%.
About CocaCola
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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