Axxcess Wealth Management LLC Sells 6,667 Shares of CocaCola Company (The) $KO

Axxcess Wealth Management LLC reduced its stake in CocaCola Company (The) (NYSE:KOFree Report) by 4.7% during the third quarter, Holdings Channel.com reports. The firm owned 134,324 shares of the company’s stock after selling 6,667 shares during the period. Axxcess Wealth Management LLC’s holdings in CocaCola were worth $8,908,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Maridea Wealth Management LLC bought a new position in shares of CocaCola in the third quarter worth approximately $540,000. BBR Partners LLC raised its holdings in CocaCola by 0.4% during the 3rd quarter. BBR Partners LLC now owns 34,450 shares of the company’s stock valued at $2,285,000 after buying an additional 154 shares during the last quarter. Ingalls & Snyder LLC boosted its position in CocaCola by 3.1% during the 3rd quarter. Ingalls & Snyder LLC now owns 63,111 shares of the company’s stock valued at $4,186,000 after buying an additional 1,892 shares during the period. Spectrum Strategic Capital Management LLC grew its holdings in CocaCola by 1.7% in the 3rd quarter. Spectrum Strategic Capital Management LLC now owns 15,081 shares of the company’s stock worth $1,000,000 after acquiring an additional 258 shares during the last quarter. Finally, Cornerstone Advisory LLC grew its holdings in CocaCola by 12.0% in the 3rd quarter. Cornerstone Advisory LLC now owns 8,817 shares of the company’s stock worth $585,000 after acquiring an additional 946 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Trading Up 1.0%

NYSE KO opened at $79.50 on Wednesday. The firm has a market capitalization of $341.98 billion, a PE ratio of 26.15, a P/E/G ratio of 3.30 and a beta of 0.36. The stock’s 50 day moving average is $72.43 and its 200 day moving average is $70.25. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $80.41. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business had revenue of $11.80 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same quarter last year, the firm posted $0.55 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Research analysts forecast that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on KO shares. Barclays increased their target price on shares of CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Truist Financial set a $85.00 price objective on CocaCola in a report on Wednesday, February 11th. Morgan Stanley reissued an “overweight” rating and set a $87.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. TD Cowen restated a “buy” rating on shares of CocaCola in a report on Wednesday, February 11th. Finally, Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $84.33.

View Our Latest Stock Analysis on KO

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

  • Positive Sentiment: Management change and bullish retail take — Motley Fool highlights Henrique Braun’s promotion to CEO (effective March 31), arguing new leadership could reinvigorate growth and listing long‑term dividend support as a reason to buy. 6 Reasons to Buy Coca‑Cola Stock
  • Positive Sentiment: Dividend narrative draws investor interest — coverage noting Warren Buffett/Berkshire’s large Coca‑Cola stake and the sizable dividend payment (and long dividend growth streak) supports income investors’ confidence. This favorable narrative likely helped sentiment today. Warren Buffett Collected $816 Million in Dividends
  • Neutral Sentiment: CAGNY presentation materials released — Seeking Alpha posted the prepared remarks and slideshow from Coca‑Cola’s Consumer Analyst Group of New York presentation. Investors will parse these for updated strategy, margin and growth details; materials themselves are informational until new guidance or targets are announced. CAGNY Prepared Remarks CAGNY Slideshow
  • Neutral Sentiment: Brand/program partnership (minor): CineVantage joins Coca‑Cola Refreshing Films as a technical partner on sound/music mentorship. Small PR item unlikely to move the stock materially but positive for brand/marketing initiatives. CineVantage Partnership
  • Negative Sentiment: Q4 metrics remain mixed — analysts note an EPS beat but slower revenue growth and uneven regional volume trends across beverage categories, which could weigh on near‑term momentum and investor expectations for top‑line acceleration. Q4 Metrics: Growth or Slowing Momentum?

Insider Transactions at CocaCola

In other CocaCola news, CEO James Quincey sold 337,824 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total value of $26,046,230.40. Following the sale, the chief executive officer owned 342,546 shares in the company, valued at approximately $26,410,296.60. This represents a 49.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.90% of the stock is currently owned by company insiders.

CocaCola Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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