CocaCola Company (The) $KO Shares Sold by Savant Capital LLC

Savant Capital LLC lowered its position in CocaCola Company (The) (NYSE:KO) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 570,199 shares of the company’s stock after selling 30,142 shares during the period. Savant Capital LLC’s holdings in CocaCola were worth $39,863,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of KO. Moors & Cabot Inc. raised its position in shares of CocaCola by 5.7% during the 4th quarter. Moors & Cabot Inc. now owns 93,103 shares of the company’s stock worth $6,509,000 after purchasing an additional 5,010 shares during the last quarter. Intech Investment Management LLC raised its position in shares of CocaCola by 14.1% during the 4th quarter. Intech Investment Management LLC now owns 281,764 shares of the company’s stock worth $19,698,000 after purchasing an additional 34,860 shares during the last quarter. CFS Investment Advisory Services LLC raised its position in shares of CocaCola by 4.1% during the 4th quarter. CFS Investment Advisory Services LLC now owns 46,578 shares of the company’s stock worth $3,256,000 after purchasing an additional 1,846 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of CocaCola during the 4th quarter worth about $63,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of CocaCola during the 4th quarter worth about $42,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. UBS Group upped their price target on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Finally, Evercore reiterated an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $86.80.

Insider Buying and Selling

In related news, CEO James Quincey sold 250,688 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was 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 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 legal filing with the SEC, which is accessible through this link. Also, CFO John Murphy sold 72,449 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total value of $5,833,593.48. Following the completion of the transaction, the chief financial officer owned 279,917 shares of the company’s stock, valued at $22,538,916.84. The trade was a 20.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 630,963 shares of company stock valued at $50,016,979 in the last ninety days. Company insiders own 0.90% of the company’s stock.

CocaCola Stock Down 1.4%

KO stock opened at $80.45 on Friday. The company has a market cap of $346.13 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 3.26 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.66. The firm has a 50-day moving average of $77.69 and a two-hundred day moving average of $75.03.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The company 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 quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio is presently 66.67%.

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.