Nichols & Pratt Advisers LLP MA Sells 6,640 Shares of CocaCola Company (The) $KO

Nichols & Pratt Advisers LLP MA trimmed its holdings in CocaCola Company (The) (NYSE:KO) by 1.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 433,565 shares of the company’s stock after selling 6,640 shares during the quarter. CocaCola makes up approximately 2.1% of Nichols & Pratt Advisers LLP MA’s holdings, making the stock its 16th biggest position. Nichols & Pratt Advisers LLP MA’s holdings in CocaCola were worth $32,973,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in KO. Anfield Capital Management LLC lifted its holdings in shares of CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after buying an additional 294 shares in the last quarter. Louisbourg Investments Inc. bought a new position in shares of CocaCola during the first quarter worth $25,000. Headlands Technologies LLC purchased a new position in CocaCola during the second quarter valued at $26,000. Evolution Wealth Management Inc. grew 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 acquiring an additional 357 shares in the last quarter. Finally, Daytona Street Capital LLC bought a new stake in CocaCola in the 4th quarter valued at $29,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Several articles highlight Coca-Cola as a defensive, market-weary investor favorite, with its steady business model and consistent earnings beats supporting the stock’s premium valuation. Article Title
• Positive Sentiment: Analysts and commentators continue to point to Coca-Cola’s strong year-to-date performance and relative outperformance versus many consumer staples peers, reinforcing momentum in the stock. Article Title
• Neutral Sentiment: Pepsi’s upcoming earnings are being framed as a comparison point for the beverage sector, but this is more of a read-through for competitor performance than a direct Coca-Cola catalyst. Article Title
• Neutral Sentiment: Coverage noting a pullback in KO shares says the stock’s defensive appeal remains in focus, suggesting recent weakness may be seen as a buying opportunity rather than a fundamental problem. Article Title
• Neutral Sentiment: Walmart’s price cuts on Coca-Cola packs raise questions about pricing power and valuation, but the article notes the stock has still shown strong momentum recently, making this a watch item ahead of earnings. Article Title
• Negative Sentiment: A downgrade on Coca-Cola reflects some concern that the stock may have run too far, and another report says KO has underperformed competitors on a recent trading day, which may weigh on sentiment. Article Title

Insider Buying and Selling

In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the sale, the executive vice president directly owned 181,384 shares in the company, valued at $14,412,772.64. This represents a 35.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the completion of the sale, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 899,905 shares of company stock worth $71,832,315. Corporate insiders own 0.90% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Wells Fargo & Company boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Morgan Stanley set a $89.00 target price on CocaCola in a report on Wednesday, June 10th. Truist Financial set a $88.00 target price on CocaCola in a research report on Friday, June 26th. Sanford C. Bernstein initiated coverage on CocaCola in a research note on Thursday, June 11th. They set a “market perform” rating and a $84.00 price target for the company. Finally, Piper Sandler restated an “overweight” rating on shares of CocaCola in a report on Friday, June 26th. Fifteen analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $86.88.

CocaCola Price Performance

CocaCola stock opened at $83.47 on Thursday. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $85.68. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The firm’s fifty day moving average is $80.62 and its 200 day moving average is $77.04. The company has a market cap of $359.12 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 3.36 and a beta of 0.34.

CocaCola (NYSE:KO) last issued 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 net margin of 27.80% and a return on equity of 40.55%. The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period last year, the company posted $0.73 EPS. The business’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. Sell-side analysts forecast 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 was paid on Wednesday, July 1st. Investors of record on Monday, June 15th were issued a $0.53 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

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.