Yacktman Asset Management LP Lowers Holdings in CocaCola Company (The) $KO

Yacktman Asset Management LP decreased its holdings in CocaCola Company (The) (NYSE:KO) by 1.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,108,644 shares of the company’s stock after selling 27,583 shares during the period. CocaCola makes up 2.1% of Yacktman Asset Management LP’s portfolio, making the stock its 17th largest holding. Yacktman Asset Management LP’s holdings in CocaCola were worth $147,415,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of KO. Vanguard Group Inc. raised its position in CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after buying an additional 5,886,352 shares during the last quarter. Franklin Resources Inc. raised its position in CocaCola by 15.1% in the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after buying an additional 5,135,198 shares during the last quarter. Danske Bank A S purchased a new position in CocaCola in the 3rd quarter worth about $226,443,000. PFA Pension Forsikringsaktieselskab purchased a new position in CocaCola in the 4th quarter worth about $179,167,000. Finally, Danica Pension Livsforsikringsaktieselskab purchased a new position in CocaCola in the 3rd quarter worth about $161,130,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Trading Down 0.0%

CocaCola stock opened at $78.40 on Friday. The business has a 50-day simple moving average of $77.03 and a two-hundred day simple moving average of $73.84. The company has a market cap of $337.32 billion, a P/E ratio of 24.65, a P/E/G ratio of 3.13 and a beta of 0.35. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.00. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last released 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 return on equity of 40.55% and a net margin of 27.80%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Analysts predict that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.53 per share. 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 payout ratio is currently 66.67%.

Insider Buying and Selling at CocaCola

In other CocaCola news, CFO John Murphy sold 72,449 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the completion of the sale, the chief financial officer directly owned 279,917 shares in the company, valued at $22,538,916.84. The trade was a 20.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bruno Pietracci sold 28,765 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 555,101 shares of company stock worth $44,208,566. 0.90% of the stock is owned by corporate insiders.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Zacks Research lifted its FY2026 EPS estimate to $3.26, matching consensus and signaling confidence in Coca-Cola’s near-term earnings power.
• Positive Sentiment: Zacks also raised Q3 2026, Q2 2027, and Q3 2027 earnings forecasts, while Erste Group Bank increased its FY2026 and FY2027 EPS estimates, reinforcing a favorable outlook for profit growth.
• Neutral Sentiment: Recent commentary about Coca-Cola’s quality rank and strong Q1 operational efficiency highlights solid fundamentals, but it does not appear to introduce a new catalyst for the stock.
• Negative Sentiment: Zacks reduced its FY2028 EPS estimate slightly, suggesting a bit less optimism farther out in the forecast period.

Analyst Upgrades and Downgrades

KO has been the subject of a number of recent analyst reports. Barclays boosted their target price on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Wells Fargo & Company boosted their target price on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Jefferies Financial Group boosted their target price on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Citigroup boosted their target price on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada set a $87.00 price target on CocaCola in a research note on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, CocaCola has an average rating of “Buy” and a consensus price target of $86.27.

CocaCola 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.