Xponance Inc. Grows Position in CocaCola Company (The) $KO

Xponance Inc. raised its holdings in CocaCola Company (The) (NYSE:KO) by 2.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 803,391 shares of the company’s stock after acquiring an additional 17,026 shares during the period. CocaCola makes up 0.4% of Xponance Inc.’s investment portfolio, making the stock its 27th largest position. Xponance Inc.’s holdings in CocaCola were worth $53,281,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Headlands Technologies LLC bought a new stake in shares of CocaCola during the second quarter valued at about $26,000. Marquette Asset Management LLC purchased a new position in CocaCola during the third quarter valued at approximately $27,000. Cloud Capital Management LLC bought a new stake in CocaCola during the 3rd quarter worth approximately $27,000. Redmont Wealth Advisors LLC purchased a new stake in CocaCola in the 3rd quarter worth approximately $30,000. Finally, MMA Asset Management LLC purchased a new stake in CocaCola in the 2nd quarter worth approximately $34,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

KO has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $87.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Bank of America boosted their target price on CocaCola from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Royal Bank Of Canada set a $87.00 price target on CocaCola in a report on Wednesday, February 11th. Evercore restated an “outperform” rating and issued a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Finally, TD Cowen reaffirmed a “buy” rating on shares of CocaCola in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $84.33.

CocaCola Stock Performance

Shares of NYSE KO opened at $80.48 on Friday. The stock’s 50-day moving average is $73.80 and its 200 day moving average is $70.74. The stock has a market cap of $346.12 billion, a price-to-earnings ratio of 26.47, a P/E/G ratio of 3.37 and a beta of 0.36. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $81.09. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share 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 company had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same quarter in the previous year, the company posted $0.55 EPS. CocaCola’s revenue for the quarter was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, sell-side analysts anticipate that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a $0.53 dividend. This is a boost from CocaCola’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. CocaCola’s payout ratio is 67.11%.

Insider Transactions at CocaCola

In other CocaCola news, CEO James Quincey sold 337,824 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 342,546 shares in the company, valued at approximately $26,410,296.60. The trade was a 49.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.97% of the stock is currently owned by company 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.