CocaCola Company (The) $KO Shares Purchased by Mariner LLC

Mariner LLC increased its stake in shares of CocaCola Company (The) (NYSE:KO) by 3.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,951,330 shares of the company’s stock after acquiring an additional 67,277 shares during the quarter. Mariner LLC’s holdings in CocaCola were worth $136,420,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock valued at $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. State Street Corp increased its stake in CocaCola by 1.2% in the fourth quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares during the period. Geode Capital Management LLC increased its stake in CocaCola by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock valued at $6,273,037,000 after purchasing an additional 433,547 shares during the period. Norges Bank acquired a new position in CocaCola in the fourth quarter valued at $3,865,807,000. Finally, Franklin Resources Inc. increased its stake in CocaCola by 3.1% in the fourth quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock valued at $2,816,697,000 after purchasing an additional 1,195,581 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 23,984 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the completion of the sale, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. This trade represents a 13.22% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 899,905 shares of company stock valued at $71,832,315. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on KO. Wells Fargo & Company lifted their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. UBS Group lifted their price objective on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Barclays lifted their target price on shares of CocaCola from $85.00 to $89.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Finally, TD Cowen lifted their target price on shares of CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $86.69.

CocaCola Stock Down 2.0%

KO stock opened at $80.94 on Tuesday. The company has a market cap of $348.24 billion, a P/E ratio of 25.45, a P/E/G ratio of 3.30 and a beta of 0.35. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $84.04. The company’s 50-day moving average price is $78.79 and its 200 day moving average price is $75.76. 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 released 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. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, research analysts expect that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business 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 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 2.6%. CocaCola’s payout ratio is currently 66.67%.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to highlight Coca-Cola as a defensive consumer-staples name that can hold up well during inflation and market volatility, which may be attracting buyers seeking stability. Article: 4 Low-Beta Consumer Staples Stocks to Navigate Through Surging Inflation
• Positive Sentiment: Coca-Cola’s cost-saving initiatives and operating efficiencies are being credited with supporting profitability and helping offset commodity inflation, which is constructive for margins. Article: Are Coca-Cola’s Cost-Saving Initiatives Boosting Profitability?
• Positive Sentiment: Several recent articles frame KO as a reliable long-term dividend and income stock, reinforcing investor interest in the company’s steady cash-flow profile. Article: Want a Lifetime of Passive Income? Buy Coca-Cola in June and Never Sell.
• Neutral Sentiment: Market commentary also notes that KO has already run up sharply this year and hit new highs, so some investors may be pausing to reassess valuation after the rally. Article: Coca Cola at 52-Week High: Buy, Sell or Hold?
• Negative Sentiment: The latest trading-day weakness appears tied more to profit-taking and rotation within the market than to any company-specific setback, with KO pulling back while broader markets were firmer. Article: Coca-Cola (KO) Stock Falls Amid Market Uptick: What Investors Need to Know

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.