CocaCola Company (The) $KO Shares Purchased by Cvfg LLC

Cvfg LLC increased its stake in shares of CocaCola Company (The) (NYSE:KO) by 273.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,328 shares of the company’s stock after purchasing an additional 27,327 shares during the quarter. Cvfg LLC’s holdings in CocaCola were worth $2,839,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in CocaCola during the fourth quarter worth approximately $3,865,807,000. Cardano Risk Management B.V. lifted its stake in shares of CocaCola by 867.2% during the 4th quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after purchasing an additional 12,939,959 shares during the period. Marshall Wace LLP boosted its holdings in shares of CocaCola by 1,206.9% during the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after purchasing an additional 9,826,768 shares during the last quarter. Bank of America Corp DE grew its position in shares of CocaCola by 29.2% in the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after purchasing an additional 9,078,447 shares during the period. Finally, Capital World Investors increased its stake in CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after purchasing an additional 6,246,627 shares during the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Chairman James Quincey sold 436,296 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the sale, the chairman owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This trade represents a 78.03% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 23,984 shares of the business’s 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 transaction, the executive vice president directly owned 157,400 shares of the company’s stock, valued at $13,128,734. The trade was a 13.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 899,905 shares of company stock valued at $71,832,315 over the last three months. Company insiders own 0.90% of the company’s stock.

CocaCola Price Performance

KO stock opened at $84.00 on Wednesday. The stock’s 50 day moving average is $80.46 and its two-hundred day moving average is $76.94. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $85.68. The company has a market capitalization of $361.39 billion, a PE ratio of 26.41, a P/E/G ratio of 3.31 and a beta of 0.34. 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 (NYSE:KO) last posted its quarterly 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. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same period in the prior year, the company posted $0.73 EPS. The business’s revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a $0.53 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.5%. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Morgan Stanley set a $89.00 target price on shares of CocaCola in a research report on Wednesday, June 10th. Wells Fargo & Company boosted their target price on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Finally, Sanford C. Bernstein began coverage on shares of CocaCola in a research note on Thursday, June 11th. They set a “market perform” rating and a $84.00 price target on the stock. Fifteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $86.88.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Investors continue to favor Coca-Cola as a defensive consumer-staples name, with commentary highlighting strong year-to-date gains, consistent earnings beats, and “flight to quality” demand. Forget Coca-Cola, Choose Duke Energy
• Positive Sentiment: Analysts and market coverage point to Coca-Cola’s steady growth profile and defensive appeal, which can help support the stock when investors rotate toward lower-volatility names. Coca-Cola (NYSE:KO) Pullback Puts Defensive Appeal In Focus
• Positive Sentiment: Recent articles also highlight Coca-Cola’s new product launches and North American volume growth, reinforcing the company’s ability to drive demand even with mixed international trends. Coca-Cola launches 5 hard-to-find new flavors
• Positive Sentiment: Coverage ahead of earnings suggests Coca-Cola may be trading near record levels as investors anticipate another solid report later this month. Should You Buy Coca-Cola Stock Before July 28?
• Neutral Sentiment: Several pieces focused on performance comparisons and analyst sentiment, including a “Moderate Buy” average rating, but these appear more informational than stock-moving. CocaCola Company (The) (NYSE:KO) Given Average Rating of “Moderate Buy” by Analysts
• Negative Sentiment: Walmart’s price cuts on Coca-Cola 24-packs have raised questions about KO’s pricing power and whether the stock is getting expensive after its recent run. Coca Cola (KO) Faces Walmart Price Cuts, Is It Still Overvalued?
• Negative Sentiment: A recent downgrade note and reports of softer global demand could create some caution, especially if investors worry North American growth may not fully offset international weakness. Coca-Cola: Steady Growth Wins The Race (Rating Downgrade)

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.