Howland Capital Management LLC lifted its holdings in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 16.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 80,406 shares of the company’s stock after buying an additional 11,297 shares during the period. Howland Capital Management LLC’s holdings in CocaCola were worth $5,621,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Anfield Capital Management LLC lifted its stake in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of CocaCola during the second quarter worth about $26,000. Evolution Wealth Management Inc. lifted its stake in shares of CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after purchasing an additional 357 shares in the last quarter. Daytona Street Capital LLC acquired a new position in shares of CocaCola during the fourth quarter worth about $29,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of CocaCola during the third quarter worth about $30,000. Institutional investors and hedge funds own 70.26% of the company’s stock.
CocaCola Trading Up 0.1%
Shares of NYSE KO opened at $82.63 on Friday. The stock’s 50 day moving average price is $78.70 and its two-hundred day moving average price is $75.68. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $84.04. The stock has a market capitalization of $355.51 billion, a P/E ratio of 25.98, a PEG ratio of 3.30 and a beta of 0.35. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.
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 paid a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola’s dividend payout ratio is 66.67%.
Insider Buying and Selling
In related news, EVP Jennifer K. Mann sold 23,984 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the sale, the executive vice president owned 157,400 shares in the company, valued at $13,128,734. This represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 899,905 shares of company stock worth $71,832,315 over the last quarter. 0.90% of the stock is owned by company insiders.
CocaCola News Summary
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: RBC Capital reiterated its buy view on Coca-Cola, reinforcing Wall Street’s generally favorable stance on KO and supporting the stock’s recent strength.
- Positive Sentiment: Several reports highlighted Coca-Cola as a potential beneficiary of the 2026 FIFA World Cup, with expectations that beverage volume and consumer spending could rise during the tournament.
- Positive Sentiment: Market commentary also pointed to strong Q1 results, including an earnings and revenue beat, solid organic growth, and volume gains, which continue to underpin the bullish investment case. Coca-Cola’s Q1 Results Prove It’s a Good Buy to Hold and Hold
- Positive Sentiment: Investor interest remains supported by Coca-Cola’s reliable dividend and defensive profile, which continue to attract income-focused buyers.
- Neutral Sentiment: EVP Jennifer K. Mann disclosed a stock sale, but it was conducted under a pre-arranged 10b5-1 plan and tied to equity-award tax withholding, making it less of a concern than discretionary insider selling.
Wall Street Analyst Weigh In
A number of brokerages have commented on KO. Deutsche Bank Aktiengesellschaft boosted their price objective on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. UBS Group boosted their target price 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. Morgan Stanley set a $89.00 target price on shares of CocaCola in a research report on Wednesday. Sanford C. Bernstein assumed coverage on shares of CocaCola in a research report on Thursday. They set a “market perform” rating and a $84.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their target price 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. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, CocaCola has an average rating of “Moderate Buy” and an average target price of $86.69.
Read Our Latest Report on CocaCola
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.
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