von Borstel & Associates Inc. Invests $563,000 in CocaCola Company (The) $KO

von Borstel & Associates Inc. bought a new stake in CocaCola Company (The) (NYSE:KO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,989 shares of the company’s stock, valued at approximately $563,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of CocaCola during the 2nd quarter valued at approximately $26,000. Marquette Asset Management LLC bought a new position in CocaCola in the 3rd quarter valued at approximately $27,000. Cloud Capital Management LLC acquired a new stake in CocaCola in the third quarter valued at approximately $27,000. Redmont Wealth Advisors LLC acquired a new stake in CocaCola in the third quarter valued at approximately $30,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of CocaCola during the third quarter worth $34,000. Institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

NYSE KO opened at $77.34 on Friday. The company has a market capitalization of $332.60 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 3.25 and a beta of 0.35. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.00. The stock has a fifty day simple moving average of $75.64 and a 200 day simple moving average of $71.37.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $11.82 billion for the quarter, compared to analyst estimates of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Sell-side analysts expect that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.53 dividend. The ex-dividend date is Friday, March 13th. This is a boost from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola’s dividend payout ratio (DPR) is currently 67.11%.

Insider Buying and Selling at CocaCola

In other news, insider Bruno Pietracci sold 28,765 shares of the company’s stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 892,925 shares of company stock worth $70,254,796. Company insiders own 0.97% of the company’s stock.

Analyst Ratings Changes

KO has been the subject of a number of research reports. Wells Fargo & Company increased their price target on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Jefferies Financial Group reduced their price objective on CocaCola from $88.00 to $87.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. TD Cowen reiterated a “buy” rating on shares of CocaCola in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $83.00 price target on shares of CocaCola in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $84.40.

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.