Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust Invests $7.16 Million in CocaCola Company (The) $KO

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust bought a new position in shares of CocaCola Company (The) (NYSE:KO) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 102,428 shares of the company’s stock, valued at approximately $7,161,000. CocaCola accounts for approximately 1.9% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s investment portfolio, making the stock its 22nd largest holding.

Other large investors also recently made changes to their positions in the company. Anfield Capital Management LLC increased its stake in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the period. Headlands Technologies LLC bought a new position in shares of CocaCola during the second quarter worth approximately $26,000. Daytona Street Capital LLC bought a new position in shares of CocaCola during the fourth quarter worth approximately $29,000. Cloud Capital Management LLC bought a new position in shares of CocaCola during the third quarter worth approximately $27,000. Finally, Elevated Capital Advisors LLC bought a new position in shares of CocaCola during the fourth quarter worth approximately $30,000. Institutional investors own 70.26% of the company’s stock.

Insider Buying and Selling

In other news, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction on 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 trade represents a 47.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Bruno Pietracci sold 28,765 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 630,963 shares of company stock worth $50,016,979. 0.90% of the stock is owned by company insiders.

CocaCola Price Performance

CocaCola stock opened at $81.65 on Thursday. The stock’s fifty day moving average price is $77.63 and its two-hundred day moving average price is $74.96. CocaCola Company has a one year low of $65.35 and a one year high of $82.66. 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 firm has a market cap of $351.29 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 3.22 and a beta of 0.35.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same quarter last year, the company earned $0.73 EPS. The company’s revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts expect that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on KO. Evercore reiterated an “outperform” rating and set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Jefferies Financial Group increased their target price on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. TD Cowen increased their target price on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company raised their price objective on CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $86.80.

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.