Petros Family Wealth LLC Buys 8,536 Shares of CocaCola Company (The) $KO

Petros Family Wealth LLC raised its stake in CocaCola Company (The) (NYSE:KO) by 196.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,877 shares of the company’s stock after acquiring an additional 8,536 shares during the period. Petros Family Wealth LLC’s holdings in CocaCola were worth $979,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eurizon SLJ Capital Ltd bought a new position in shares of CocaCola during the 4th quarter valued at $552,000. Farther Finance Advisors LLC grew its holdings in shares of CocaCola by 38.1% in the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after acquiring an additional 30,786 shares during the period. Dynamic Technology Lab Private Ltd grew its holdings in shares of CocaCola by 82.3% in the third quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock worth $3,296,000 after acquiring an additional 22,444 shares during the period. Capitolis Liquid Global Markets LLC increased its position in CocaCola by 16.4% during the third quarter. Capitolis Liquid Global Markets LLC now owns 710,000 shares of the company’s stock valued at $47,087,000 after acquiring an additional 100,000 shares during the last quarter. Finally, King Luther Capital Management Corp increased its position in CocaCola by 0.8% during the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock valued at $269,330,000 after acquiring an additional 31,694 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction that occurred on 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 approximately $13,128,734. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at $18,074,096.90. This represents a 12.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 899,905 shares of company stock worth $71,832,315. Company insiders own 0.90% of the company’s stock.

CocaCola Price Performance

NYSE KO opened at $81.28 on Thursday. The business’s fifty day moving average is $79.81 and its 200 day moving average is $76.57. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $84.04. 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 company has a market capitalization of $349.73 billion, a PE ratio of 25.56, a price-to-earnings-growth ratio of 3.25 and a beta of 0.34.

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

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s dividend payout ratio is currently 66.67%.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Citigroup raised their target price on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Piper Sandler reaffirmed an “overweight” rating on shares of CocaCola in a research report on Friday, June 26th. JPMorgan Chase & Co. increased their price objective on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. UBS Group raised their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Morgan Stanley set a $89.00 target price on shares of CocaCola in a research report on Wednesday, June 10th. Fifteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, CocaCola presently has an average rating of “Moderate Buy” and a consensus price target of $86.88.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola and Marriott announced a global beverage agreement that will place Coca-Cola products across Marriott’s hotel portfolio worldwide, expanding KO’s access to travelers and a major hospitality channel. Article Title
• Positive Sentiment: Reports highlighted that the Marriott deal covers nearly 10,000 hotels, which could broaden Coca-Cola’s international distribution and brand visibility in a high-traffic consumer setting. Article Title
• Positive Sentiment: Analysts and market commentary continue to point to Coca-Cola’s strong brand power and steady market-share gains as supportive factors for the stock. Article Title
• Neutral Sentiment: KO also drew extra investor attention on Zacks, but that note did not include a specific new fundamental catalyst beyond increased interest in the stock. Article Title

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.