LPL Financial LLC increased its stake in CocaCola Company (The) (NYSE:KO – Free Report) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,930,442 shares of the company’s stock after acquiring an additional 160,883 shares during the period. LPL Financial LLC’s holdings in CocaCola were worth $414,597,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in KO. Norges Bank bought a new position in shares of CocaCola in the fourth quarter valued at approximately $3,865,807,000. Capital World Investors boosted its holdings in shares of CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after acquiring an additional 6,246,627 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock valued at $26,200,276,000 after acquiring an additional 5,886,352 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in CocaCola by 23.9% during the fourth quarter. Bank of New York Mellon Corp now owns 28,679,192 shares of the company’s stock worth $2,004,962,000 after buying an additional 5,529,810 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after buying an additional 5,135,198 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.
CocaCola Trading Up 0.1%
CocaCola stock opened at $79.53 on Tuesday. The company has a 50 day moving average price of $78.19 and a 200 day moving average price of $75.41. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.66. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The firm has a market capitalization of $342.18 billion, a price-to-earnings ratio of 25.01, a P/E/G ratio of 3.18 and a beta of 0.35.
CocaCola Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid 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 yield of 2.7%. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.
Insider Buying and Selling
In related news, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This represents a 78.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 675,921 shares of company stock valued at $53,939,810 in the last ninety days. Company insiders own 0.90% of the company’s stock.
Trending Headlines about CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Multiple articles highlighted Coca-Cola’s status as a Dividend King, noting its 64 consecutive years of dividend increases and its reputation as a reliable long-term income stock. Here’s How Many Shares of Coca-Cola You’d Need for $10,000 in Yearly Dividends
- Positive Sentiment: Coca-Cola’s inflation strategy was described favorably, with selective price increases and smaller affordable packs helping drive 10% organic revenue growth and 3% volume growth in Q1 2026. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
- Positive Sentiment: News that Coca-Cola is launching BodyArmor Fit supports its push into the “better-for-you” category, which could broaden growth beyond its core soda business. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
- Positive Sentiment: Coverage also pointed to Coca-Cola’s India bottler IPO plans and refranchising strategy as a potential way to unlock value and improve capital allocation in a key emerging market. How Coca-Cola’s India Bottler IPO Plans and World Cup Push Could Impact Coca-Cola (KO) Investors
- Neutral Sentiment: Chairman James Quincey disclosed stock sales, but the transactions were made under a pre-arranged 10b5-1 plan and were tied to tax withholding on equity awards, which makes the news less concerning than a discretionary insider exit.
Analyst Ratings Changes
A number of analysts recently weighed in on KO shares. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Citigroup raised their target price on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 18th. 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. Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Finally, TD Cowen raised their target price on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $86.80.
Check Out Our Latest Research Report on CocaCola
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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