Prudential PLC Increases Holdings in CocaCola Company (The) $KO

Prudential PLC raised its stake in shares of CocaCola Company (The) (NYSE:KOFree Report) by 67.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,780 shares of the company’s stock after buying an additional 22,483 shares during the quarter. Prudential PLC’s holdings in CocaCola were worth $3,900,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Anfield Capital Management LLC raised its stake in CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares during the last quarter. Headlands Technologies LLC purchased a new position in CocaCola during the second quarter valued at $26,000. Evolution Wealth Management Inc. raised its stake in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after buying an additional 357 shares during the last quarter. Daytona Street Capital LLC purchased a new position in CocaCola during the fourth quarter valued at $29,000. Finally, Redmont Wealth Advisors LLC purchased a new position in CocaCola during the third quarter valued at $30,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

  • Positive Sentiment: Investors are rotating into defensive, dividend-paying stocks like Coca-Cola as market volatility increases, which is supporting demand for KO shares. Article Title
  • Positive Sentiment: Coca-Cola’s updated 2026 framework calls for 8%–9% comparable EPS growth and about $12.2 billion in free cash flow, reinforcing confidence in earnings and cash generation. Article Title
  • Positive Sentiment: Recent analyst upgrades and higher price targets from firms including Barclays, JPMorgan, Wells Fargo, and Citi are helping support the shares. Article Title

Insider Buying and Selling

In related news, Chairman James Quincey sold 200,000 shares of CocaCola stock in a transaction 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 completion of the sale, the chairman owned 78,155 shares of the company’s stock, valued at $6,166,429.50. The trade was a 71.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. The trade was a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 255,505 shares of company stock valued at $20,187,007 over the last 90 days. Company insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

Shares of KO opened at $79.63 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola Company has a one year low of $65.35 and a one year high of $82.66. The firm has a market capitalization of $342.59 billion, a P/E ratio of 25.04, a PEG ratio of 3.18 and a beta of 0.35. The business has a fifty day moving average of $78.09 and a 200 day moving average of $75.32.

CocaCola (NYSE:KOGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. CocaCola’s revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, sell-side analysts anticipate that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 2.7%. CocaCola’s payout ratio is presently 66.67%.

Analyst Upgrades and Downgrades

KO has been the subject of a number of research analyst reports. Truist Financial set a $85.00 target price on CocaCola in a report on Wednesday, February 11th. Wells Fargo & Company lifted their target price on CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Barclays lifted their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. UBS Group lifted their target price on CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Citigroup lifted their target price on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $86.80.

Read Our Latest Analysis on KO

About CocaCola

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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