Turtle Creek Wealth Advisors LLC Increases Position in CocaCola Company (The) $KO

Turtle Creek Wealth Advisors LLC lifted its holdings in CocaCola Company (The) (NYSE:KO) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,444 shares of the company’s stock after purchasing an additional 11,544 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in CocaCola were worth $6,603,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of KO. Headlands Technologies LLC purchased a new stake in CocaCola during the 2nd quarter worth approximately $26,000. Marquette Asset Management LLC purchased a new stake in CocaCola during the 3rd quarter worth approximately $27,000. Cloud Capital Management LLC purchased a new stake in CocaCola during the 3rd quarter worth approximately $27,000. Daytona Street Capital LLC purchased a new stake in CocaCola during the 4th quarter worth approximately $29,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in CocaCola during the 3rd quarter worth approximately $30,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Transactions at CocaCola

In related news, EVP Monica Howard Douglas sold 23,880 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the transaction, the executive vice president directly owned 17,725 shares in the company, valued at approximately $1,371,383.25. This represents a 57.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO James Quincey sold 337,824 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total value of $26,046,230.40. Following the completion of the transaction, the chief executive officer owned 342,546 shares in the company, valued at $26,410,296.60. This represents a 49.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 in the last ninety days. 0.90% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on KO. JPMorgan Chase & Co. boosted their price objective on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research note on Wednesday, February 11th. UBS Group boosted their price objective on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Citigroup boosted their price objective on CocaCola from $85.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, CocaCola currently has a consensus rating of “Buy” and an average price target of $85.00.

CocaCola Price Performance

KO stock opened at $76.31 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. The business has a 50 day simple moving average of $77.27 and a 200-day simple moving average of $73.13. The firm has a market capitalization of $328.44 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 3.15 and a beta of 0.36. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.00.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The firm had revenue of $11.82 billion for the quarter, compared to analysts’ expectations of $12.04 billion. During the same period in the prior year, the firm posted $0.55 earnings per share. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Equities research analysts anticipate that CocaCola Company will post 3.23 earnings per share for the current fiscal year.

CocaCola Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were issued a $0.53 dividend. This is a boost from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, March 13th. CocaCola’s payout ratio is currently 69.74%.

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.