Swedbank AB Has $150.65 Million Holdings in CocaCola Company (The) $KO

Swedbank AB lifted its position in shares of CocaCola Company (The) (NYSE:KO) by 3.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,154,915 shares of the company’s stock after purchasing an additional 79,162 shares during the period. Swedbank AB’s holdings in CocaCola were worth $150,650,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KO. Vestia Personal Wealth Advisors lifted its stake in shares of CocaCola by 3.8% in the fourth quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock valued at $275,000 after buying an additional 140 shares in the last quarter. Apexium Financial LP grew its holdings in shares of CocaCola by 1.2% during the third quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock valued at $810,000 after buying an additional 142 shares during the last quarter. Stockman Wealth Management Inc. increased its position in shares of CocaCola by 1.7% during the fourth quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company’s stock worth $622,000 after acquiring an additional 147 shares in the last quarter. Prosperity Financial Group Inc. increased its position in shares of CocaCola by 3.9% during the third quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company’s stock worth $262,000 after acquiring an additional 148 shares in the last quarter. Finally, Ashton Thomas Securities LLC raised its holdings in shares of CocaCola by 1.2% in the 3rd quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company’s stock worth $835,000 after acquiring an additional 149 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KO shares. Wells Fargo & Company raised their price target on shares of CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Royal Bank Of Canada set a $87.00 price objective on CocaCola in a report on Wednesday, February 11th. TD Cowen increased their price objective on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lifted their target price on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a report on Monday, March 30th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, CocaCola has a consensus rating of “Buy” and an average target price of $86.27.

CocaCola Stock Up 1.0%

CocaCola stock opened at $79.25 on Thursday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. The stock has a market cap of $340.96 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.35. The firm’s 50-day simple moving average is $77.07 and its 200 day simple moving average is $73.77. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same quarter last year, the business posted $0.73 EPS. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Research analysts predict that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio is presently 66.67%.

Insider Activity at CocaCola

In related news, CEO James Quincey sold 250,688 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total value of $19,839,448.32. Following the completion of the transaction, the chief executive officer directly owned 278,155 shares of the company’s stock, valued at approximately $22,013,186.70. This trade represents a 47.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $17,754,735. This represents a 9.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 555,101 shares of company stock worth $44,208,566 in the last ninety days. 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.