First National Advisers LLC Sells 9,787 Shares of CocaCola Company (The) $KO

First National Advisers LLC lowered its position in CocaCola Company (The) (NYSE:KO) by 15.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53,694 shares of the company’s stock after selling 9,787 shares during the period. First National Advisers LLC’s holdings in CocaCola were worth $3,754,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Anfield Capital Management LLC grew its stake in shares of CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after buying an additional 294 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of CocaCola in the 2nd quarter worth approximately $26,000. Marquette Asset Management LLC purchased a new stake in shares of CocaCola in the 3rd quarter worth approximately $27,000. Cloud Capital Management LLC purchased a new stake in shares of CocaCola in the 3rd quarter worth approximately $27,000. Finally, Daytona Street Capital LLC purchased a new stake in shares of CocaCola in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Transactions at CocaCola

In other news, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the sale, the executive vice president directly owned 17,725 shares of the company’s stock, valued at approximately $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman James Quincey sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $78.90, for a total value of $15,780,000.00. Following the sale, the chairman directly owned 78,155 shares in the company, valued at $6,166,429.50. The trade was a 71.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 755,101 shares of company stock valued at $59,988,566. 0.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

KO has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upped 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. Evercore reiterated an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. increased their target price on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, UBS Group increased their target price on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat, CocaCola has a consensus rating of “Buy” and an average target price of $86.27.

CocaCola Stock Performance

KO stock opened at $78.70 on Tuesday. The company has a market cap of $338.59 billion, a P/E ratio of 24.75, a price-to-earnings-growth ratio of 3.13 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The stock’s fifty day moving average price is $76.95 and its 200-day moving average price is $73.97. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.00.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.

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.