Harvest Portfolios Group Inc. Acquires 18,168 Shares of CocaCola Company (The) $KO

Harvest Portfolios Group Inc. boosted its holdings in shares of CocaCola Company (The) (NYSE:KO) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 312,016 shares of the company’s stock after purchasing an additional 18,168 shares during the period. Harvest Portfolios Group Inc.’s holdings in CocaCola were worth $21,813,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in CocaCola during the fourth quarter worth about $12,775,000. Saranac Partners Ltd lifted its stake in CocaCola by 9.2% during the fourth quarter. Saranac Partners Ltd now owns 6,732 shares of the company’s stock worth $471,000 after purchasing an additional 565 shares during the period. Larson Financial Group LLC lifted its stake in CocaCola by 18.8% during the fourth quarter. Larson Financial Group LLC now owns 45,952 shares of the company’s stock worth $3,213,000 after purchasing an additional 7,282 shares during the period. Handelsbanken Fonder AB lifted its stake in CocaCola by 2.8% during the fourth quarter. Handelsbanken Fonder AB now owns 1,591,246 shares of the company’s stock worth $111,244,000 after purchasing an additional 43,199 shares during the period. Finally, AMF Tjanstepension AB lifted its stake in CocaCola by 5.2% during the fourth quarter. AMF Tjanstepension AB now owns 2,863,833 shares of the company’s stock worth $200,211,000 after purchasing an additional 141,321 shares during the period. Institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

NYSE KO opened at $81.90 on Wednesday. The firm has a market cap of $352.36 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 3.24 and a beta of 0.35. The company has a 50 day moving average of $77.19 and a 200-day moving average of $74.43. 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 Company has a 1-year low of $65.35 and a 1-year high of $82.66.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $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 fiscal year.

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.

Wall Street Analysts Forecast Growth

KO has been the subject of a number of analyst reports. Citigroup raised their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday. UBS Group raised their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Evercore reaffirmed an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. Finally, Morgan Stanley set a $88.00 price objective on shares of CocaCola in a report on Wednesday, March 11th. Fifteen investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $86.53.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Citigroup and Wells Fargo both raised their price targets on Coca-Cola and kept bullish ratings, signaling continued confidence in the company’s earnings visibility, pricing power, and defensive appeal. CocaCola (NYSE:KO) Price Target Raised to $90.00 at Wells Fargo & Company
• Positive Sentiment: Analysts highlighted Coca-Cola’s strong Q1 performance, including double-digit organic growth and margin expansion, reinforcing the view that the company can keep delivering steady results even in a tougher market. Coca-Cola: Quality Still Deserves A Premium Valuation
• Positive Sentiment: Wells Fargo remained positive on KO, and Citi said the upcoming 2026 FIFA World Cup could lift beverage volumes, adding a possible catalyst for summer demand. Citi Raises Coca-Cola Price Target to $91: World Cup Could Pour Volumes Higher
• Neutral Sentiment: Coca-Cola launched Fresca Hard, expanding into flavored malt beverages and broadening its ready-to-drink portfolio; the move could support long-term growth, but its near-term financial impact is still unclear. Coca-Cola’s Fresca Hard Launch And What It Could Mean For KO Investors
• Neutral Sentiment: EVP Nancy Quan sold shares, but the filing says the transaction was to cover tax withholding tied to equity award vesting, which makes it less concerning than a discretionary insider sale. SEC Form 4 filing
• Negative Sentiment: Some commentary noted that Coca-Cola’s international growth brings volatility risks from FX, conflict, and commodity inflation, which could pressure margins if those headwinds intensify. Coca-Cola’s International Growth: Key Driver or Volatility Risk?

Insiders Place Their Bets

In related news, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total value of $5,833,593.48. Following the completion of the sale, the chief financial officer owned 279,917 shares of the company’s stock, valued at $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman James Quincey sold 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $78.90, for a total transaction of $15,780,000.00. Following the completion of the sale, the chairman directly owned 78,155 shares of the company’s stock, valued at approximately $6,166,429.50. This represents a 71.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 786,726 shares of company stock valued at $62,547,977 over the last quarter. Company insiders own 0.90% of the company’s stock.

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.