CocaCola Company (The) $KO Shares Acquired by Financial Harvest LLC

Financial Harvest LLC lifted its position in shares of CocaCola Company (The) (NYSE:KO) by 65.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,609 shares of the company’s stock after purchasing an additional 9,728 shares during the period. CocaCola comprises about 1.1% of Financial Harvest LLC’s holdings, making the stock its 16th largest position. Financial Harvest LLC’s holdings in CocaCola were worth $1,720,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Anfield Capital Management LLC increased its position in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of CocaCola during the second quarter worth about $26,000. Daytona Street Capital LLC acquired a new stake in shares of CocaCola during the fourth quarter worth about $29,000. Elevated Capital Advisors LLC acquired a new stake in shares of CocaCola during the fourth quarter worth about $30,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of CocaCola during the third quarter worth about $31,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Multiple articles highlight Coca-Cola as a dependable dividend and income stock, reinforcing its appeal in a volatile market. Is Coca-Cola (KO) the Safest Dividend Stock To Buy?
• Positive Sentiment: Analysts and market commentators remain optimistic after strong quarterly results, with mentions of solid revenue growth and record margins supporting the stock’s valuation. Is Coca-Cola (KO) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Commentary continues to frame KO as a growth-and-income name, helped by resilient beverage demand and its ability to raise prices without losing momentum. Coca-Cola (KO) Combines Growth and Income in a Challenging Consumer Environment
• Positive Sentiment: Talk of a potential new all-time high suggests investor confidence remains strong and that KO is trading near the top of its recent range. Coca Cola Stock Will Hit a New All-Time High On This Date
• Neutral Sentiment: Coca-Cola is reportedly exploring an IPO for its India bottling business, a restructuring move that could surface value over time but also adds uncertainty around the timing and execution. Coca-Cola explores IPO in India for its bottling business
• Neutral Sentiment: Additional coverage reiterated Coca-Cola’s appeal as a dividend and consumer-staples holding, but did not introduce a major new catalyst. My Top 3 Consumer Staples Dividend Stocks to Buy Now

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. JPMorgan Chase & Co. lifted their target price on CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Barclays lifted their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. UBS Group lifted their target price on CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Citigroup lifted their target price on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Fifteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CocaCola presently has a consensus rating of “Buy” and a consensus price target of $86.80.

CocaCola Price Performance

Shares of KO opened at $78.44 on Wednesday. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.66. The stock’s 50 day moving average is $77.81 and its two-hundred day moving average is $75.14. The firm has a market capitalization of $337.47 billion, a PE ratio of 24.67, a P/E/G ratio of 3.14 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the previous year, the company earned $0.73 EPS. The firm’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. Research analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders 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 yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s payout ratio is currently 66.67%.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the sale, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. This represents a 57.40% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 255,505 shares of company stock valued at $20,187,007. 0.90% of the stock is owned by corporate insiders.

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.