Nichols & Pratt Advisers LLP MA lessened its position in CocaCola Company (The) (NYSE:KO – Free Report) by 1.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 433,565 shares of the company’s stock after selling 6,640 shares during the quarter. CocaCola accounts for 2.1% of Nichols & Pratt Advisers LLP MA’s portfolio, making the stock its 16th largest position. Nichols & Pratt Advisers LLP MA’s holdings in CocaCola were worth $32,973,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in CocaCola in the 4th quarter worth about $3,865,807,000. Cardano Risk Management B.V. boosted its position in shares of CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock valued at $1,008,954,000 after buying an additional 12,939,959 shares during the period. Marshall Wace LLP boosted its position in shares of CocaCola by 1,206.9% during the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock valued at $743,913,000 after buying an additional 9,826,768 shares during the period. Bank of America Corp DE grew its stake in shares of CocaCola by 29.2% during the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after buying an additional 9,078,447 shares during the last quarter. Finally, Capital World Investors grew its stake in shares of CocaCola by 98.7% during the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after buying an additional 6,246,627 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other news, EVP Jennifer K. Mann sold 23,984 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the transaction, the executive vice president owned 157,400 shares of the company’s stock, valued at approximately $13,128,734. This represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 899,905 shares of company stock worth $71,832,315. 0.90% of the stock is currently owned by company insiders.
CocaCola Stock Performance
CocaCola (NYSE:KO – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. CocaCola’s quarterly revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts predict that CocaCola Company will post 3.26 EPS for the current year.
CocaCola Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, June 15th. CocaCola’s dividend payout ratio is currently 66.67%.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on KO shares. Truist Financial set a $88.00 price target on CocaCola in a research note on Friday, June 26th. Deutsche Bank Aktiengesellschaft upped their price objective on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Sanford C. Bernstein assumed coverage on CocaCola in a research note on Thursday, June 11th. They issued a “market perform” rating and a $84.00 target price on the stock. Morgan Stanley set a $89.00 target price on CocaCola in a research report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. lifted their target price on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Fifteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, CocaCola currently has an average rating of “Moderate Buy” and an average target price of $86.88.
Check Out Our Latest Stock Report on KO
Key Headlines Impacting CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Several articles highlight Coca-Cola as a defensive, market-weary investor favorite, with its steady business model and consistent earnings beats supporting the stock’s premium valuation. Article Title
- Positive Sentiment: Analysts and commentators continue to point to Coca-Cola’s strong year-to-date performance and relative outperformance versus many consumer staples peers, reinforcing momentum in the stock. Article Title
- Neutral Sentiment: Pepsi’s upcoming earnings are being framed as a comparison point for the beverage sector, but this is more of a read-through for competitor performance than a direct Coca-Cola catalyst. Article Title
- Neutral Sentiment: Coverage noting a pullback in KO shares says the stock’s defensive appeal remains in focus, suggesting recent weakness may be seen as a buying opportunity rather than a fundamental problem. Article Title
- Neutral Sentiment: Walmart’s price cuts on Coca-Cola packs raise questions about pricing power and valuation, but the article notes the stock has still shown strong momentum recently, making this a watch item ahead of earnings. Article Title
- Negative Sentiment: A downgrade on Coca-Cola reflects some concern that the stock may have run too far, and another report says KO has underperformed competitors on a recent trading day, which may weigh on sentiment. Article Title
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.
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