NewEdge Wealth LLC Purchases 79,158 Shares of CocaCola Company (The) $KO

NewEdge Wealth LLC raised its position in CocaCola Company (The) (NYSE:KO) by 21.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 449,619 shares of the company’s stock after purchasing an additional 79,158 shares during the period. NewEdge Wealth LLC’s holdings in CocaCola were worth $31,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Vestia Personal Wealth Advisors raised its position in CocaCola by 3.8% in the 4th 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 during the last quarter. Apexium Financial LP boosted its position in CocaCola by 1.2% during the 3rd quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock worth $810,000 after acquiring an additional 142 shares during the last quarter. Stockman Wealth Management Inc. boosted its position in CocaCola by 1.7% during the 4th quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company’s stock worth $622,000 after acquiring an additional 147 shares during the last quarter. Prosperity Financial Group Inc. grew its stake in shares of CocaCola by 3.9% during the 3rd 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 grew its stake in shares of CocaCola by 1.2% during 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 in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity 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 transaction of $1,872,702.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $17,754,735. The trade was a 9.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO John Murphy sold 99,437 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the sale, the chief financial officer owned 410,550 shares in the company, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. 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 three months. 0.90% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Jefferies Financial Group increased 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 price target on shares of CocaCola in a research note on Wednesday, February 11th. Truist Financial set a $85.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. JPMorgan Chase & Co. raised their price objective on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, UBS Group lifted their target price on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CocaCola presently has a consensus rating of “Buy” and an average price target of $86.27.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $3.26, matching the Street consensus and reinforcing confidence in Coca-Cola’s near-term earnings outlook.
• Positive Sentiment: Zacks Research also increased its Q3 2026 and Q3 2027 EPS estimates, and Erste Group Bank lifted its FY2026 and FY2027 forecasts, indicating continued analyst optimism about the company’s operating performance.
• Neutral Sentiment: Some longer-dated estimates were trimmed slightly, including Q4 2026, Q2 2027, and FY2028, but the cuts were small and do not materially change the overall earnings picture.

CocaCola Stock Performance

Shares of KO stock opened at $78.40 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company has a fifty day moving average price of $77.03 and a two-hundred day moving average price of $73.84. The stock has a market cap of $337.32 billion, a P/E ratio of 24.65, a P/E/G ratio of 3.13 and a beta of 0.35. CocaCola Company has a one year low of $65.35 and a one year high of $82.00.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. CocaCola’s revenue was up 11.4% on a year-over-year basis. During the same period last year, the business posted $0.73 EPS. 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola’s payout ratio is currently 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.