May Hill Capital LLC Buys 7,045 Shares of CocaCola Company (The) $KO

May Hill Capital LLC raised its stake in CocaCola Company (The) (NYSE:KO) by 126.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,610 shares of the company’s stock after acquiring an additional 7,045 shares during the period. May Hill Capital LLC’s holdings in CocaCola were worth $882,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Accredited Investors Inc. increased its holdings in CocaCola by 1.0% in the 4th quarter. Accredited Investors Inc. now owns 15,349 shares of the company’s stock valued at $1,073,000 after acquiring an additional 150 shares during the last quarter. Canada Post Corp Registered Pension Plan increased its holdings in shares of CocaCola by 26.3% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 192,169 shares of the company’s stock worth $13,435,000 after buying an additional 40,070 shares during the last quarter. WealthPlan Investment Management LLC increased its holdings in shares of CocaCola by 505.0% in the 4th quarter. WealthPlan Investment Management LLC now owns 62,225 shares of the company’s stock worth $4,350,000 after buying an additional 51,940 shares during the last quarter. Noesis Capital Mangement Corp increased its holdings in shares of CocaCola by 5.7% in the 4th quarter. Noesis Capital Mangement Corp now owns 3,852 shares of the company’s stock worth $269,000 after buying an additional 209 shares during the last quarter. Finally, Hills Bank & Trust Co increased its holdings in shares of CocaCola by 0.5% in the 4th quarter. Hills Bank & Trust Co now owns 39,768 shares of the company’s stock worth $2,780,000 after buying an additional 186 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Barclays boosted their target price on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Wells Fargo & Company upped their price target on shares of CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, CocaCola presently has a consensus rating of “Buy” and a consensus price target of $86.27.

CocaCola Stock Performance

Shares of NYSE:KO opened at $80.86 on Friday. The company has a market capitalization of $347.92 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 3.23 and a beta of 0.35. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The firm’s 50-day moving average is $77.00 and its 200 day moving average is $74.23. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS 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 net margin of 27.80% and a return on equity of 40.55%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Research analysts predict that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s payout ratio is 66.67%.

Insider Buying and Selling

In other CocaCola news, insider Bruno Pietracci sold 28,765 shares of the business’s 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the sale, the executive vice president directly owned 17,725 shares of the company’s stock, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 755,101 shares of company stock worth $59,988,566 over the last 90 days. Corporate insiders own 0.90% of the company’s stock.

About CocaCola

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.