CocaCola Company (The) $KO Shares Sold by Wright Investors Service Inc.

Wright Investors Service Inc. lessened its holdings in CocaCola Company (The) (NYSE:KO) by 11.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,257 shares of the company’s stock after selling 8,519 shares during the period. CocaCola makes up 1.3% of Wright Investors Service Inc.’s investment portfolio, making the stock its 20th largest position. Wright Investors Service Inc.’s holdings in CocaCola were worth $4,492,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of CocaCola in the 2nd quarter valued at $26,000. Marquette Asset Management LLC acquired a new position in shares of CocaCola in the 3rd quarter valued at $27,000. Cloud Capital Management LLC acquired a new position in shares of CocaCola in the 3rd quarter valued at $27,000. Daytona Street Capital LLC acquired a new position in shares of CocaCola in the 4th quarter valued at $29,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of CocaCola in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Activity at CocaCola

In other news, CEO James Quincey sold 250,688 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 278,155 shares in the company, valued at approximately $22,013,186.70. This represents a 47.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 892,925 shares of company stock worth $70,254,796 over the last quarter. 0.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on KO shares. Wells Fargo & Company upped their price target on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Morgan Stanley set a $88.00 price target on CocaCola in a research note on Wednesday, March 11th. TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft upped their price target on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Finally, UBS Group boosted their price objective on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Fifteen investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, CocaCola currently has a consensus rating of “Buy” and an average price target of $85.00.

CocaCola Price Performance

Shares of NYSE KO opened at $75.20 on Friday. The stock’s 50-day moving average is $77.56 and its two-hundred day moving average is $72.82. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $82.00. The company has a market cap of $323.68 billion, a price-to-earnings ratio of 24.74, a price-to-earnings-growth ratio of 3.18 and a beta of 0.36.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping 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 company had revenue of $11.82 billion for the quarter, compared to the consensus estimate of $12.04 billion. During the same quarter in the prior year, the business earned $0.55 EPS. CocaCola’s revenue was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Analysts forecast that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were issued a dividend of $0.53 per share. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date was Friday, March 13th. This represents a $2.12 annualized dividend and a yield of 2.8%. CocaCola’s dividend payout ratio (DPR) is currently 69.74%.

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.