MSH Capital Advisors LLC Grows Position in CocaCola Company (The) $KO

MSH Capital Advisors LLC increased its holdings in CocaCola Company (The) (NYSE:KO) by 20.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,629 shares of the company’s stock after acquiring an additional 12,195 shares during the quarter. CocaCola makes up about 1.1% of MSH Capital Advisors LLC’s investment portfolio, making the stock its 17th largest position. MSH Capital Advisors LLC’s holdings in CocaCola were worth $5,077,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Summitry LLC lifted its position in shares of CocaCola by 6.9% during the fourth quarter. Summitry LLC now owns 9,893 shares of the company’s stock valued at $692,000 after buying an additional 639 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of CocaCola by 62.9% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 14,287 shares of the company’s stock valued at $999,000 after buying an additional 5,517 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of CocaCola by 1.6% during the fourth quarter. Fisher Asset Management LLC now owns 6,381,600 shares of the company’s stock valued at $446,138,000 after buying an additional 100,298 shares during the last quarter. Choate Investment Advisors lifted its position in shares of CocaCola by 48.3% during the fourth quarter. Choate Investment Advisors now owns 172,934 shares of the company’s stock valued at $12,090,000 after buying an additional 56,345 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. lifted its position in shares of CocaCola by 5.1% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 5,279 shares of the company’s stock valued at $408,000 after buying an additional 255 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CocaCola

In other CocaCola news, CFO John Murphy sold 99,437 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $33,016,431. This trade represents a 19.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO James Quincey sold 250,688 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the transaction, the chief executive officer directly owned 278,155 shares of the company’s stock, valued at $22,013,186.70. This represents a 47.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 786,726 shares of company stock worth $62,547,977 in the last ninety days. 0.90% of the stock is owned by company insiders.

CocaCola Stock Performance

KO opened at $81.56 on Tuesday. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.66. 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 cap of $350.90 billion, a P/E ratio of 25.65, a price-to-earnings-growth ratio of 3.26 and a beta of 0.35. The firm’s 50-day moving average price is $77.49 and its 200-day moving average price is $74.79.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts anticipate that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given 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 dividend payout ratio (DPR) is currently 66.67%.

Analysts Set New Price Targets

KO has been the subject of several analyst reports. Citigroup increased their price target on shares of CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Wells Fargo & Company upped their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. TD Cowen upped their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. upped their price objective on shares of CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Finally, Evercore restated an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat, CocaCola presently has a consensus rating of “Buy” and a consensus target price of $86.80.

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.