CocaCola Company (The) $KO Shares Purchased by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co increased its holdings in shares of CocaCola Company (The) (NYSE:KO) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 707,276 shares of the company’s stock after purchasing an additional 23,200 shares during the period. Varma Mutual Pension Insurance Co’s holdings in CocaCola were worth $49,446,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of KO. Brighton Jones LLC boosted its stake in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,591 shares during the period. Revolve Wealth Partners LLC boosted its stake in CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after purchasing an additional 293 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in CocaCola during the 1st quarter worth $210,000. Jump Financial LLC lifted its stake in shares of CocaCola by 450.5% in the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock worth $2,800,000 after acquiring an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. lifted its stake in shares of CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock worth $75,000 after acquiring an additional 899 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

CocaCola Stock Performance

Shares of KO opened at $78.62 on Monday. The company has a 50-day simple moving average of $77.12 and a 200-day simple moving average of $73.61. 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 company has a market capitalization of $338.40 billion, a PE ratio of 24.72, a P/E/G ratio of 3.14 and a beta of 0.35. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.00.

CocaCola (NYSE:KO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The business had revenue of $12.47 billion during 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 business’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.

Insiders Place Their Bets

In other CocaCola news, CFO John Murphy sold 99,437 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the completion of the transaction, the chief financial officer directly owned 410,550 shares in the company, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bruno Pietracci sold 28,765 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 892,925 shares of company stock worth $70,254,796. Insiders own 0.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. UBS Group raised their target price on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. TD Cowen raised their target price on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday. Evercore restated an “outperform” rating and issued a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Finally, Citigroup raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $86.27.

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.