Chilton Investment Co. Inc. Raises Position in CocaCola Company (The) $KO

Chilton Investment Co. Inc. lifted its holdings in CocaCola Company (The) (NYSE:KO) by 352.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,186 shares of the company’s stock after purchasing an additional 31,300 shares during the quarter. Chilton Investment Co. Inc.’s holdings in CocaCola were worth $2,665,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new stake in CocaCola in the second quarter valued at about $26,000. Marquette Asset Management LLC purchased a new stake in shares of CocaCola during the third quarter worth about $27,000. Cloud Capital Management LLC purchased a new stake in shares of CocaCola during the third quarter worth about $27,000. Redmont Wealth Advisors LLC acquired a new position in shares of CocaCola during the third quarter valued at about $30,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of CocaCola during the third quarter valued at about $34,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on KO shares. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research note on Wednesday. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. UBS Group raised their price target on shares of CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Citigroup lifted their price objective on shares of CocaCola from $85.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Truist Financial set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $84.40.

Insider Activity

In other CocaCola news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the sale, the executive vice president directly owned 17,725 shares of the company’s stock, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John Murphy sold 99,437 shares of CocaCola stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the transaction, the chief financial officer owned 410,550 shares of the company’s stock, valued at $33,016,431. The trade was a 19.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 892,925 shares of company stock valued at $70,254,796 over the last quarter. Insiders own 0.97% of the company’s stock.

CocaCola Price Performance

Shares of NYSE KO opened at $77.34 on Friday. The business’s 50 day moving average price is $75.64 and its 200 day moving average price is $71.39. The firm has a market cap of $332.60 billion, a P/E ratio of 25.44, a P/E/G ratio of 3.24 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 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The company had revenue of $11.82 billion for the quarter, compared to the consensus estimate of $12.04 billion. During the same quarter in the prior year, the company earned $0.55 EPS. CocaCola’s quarterly revenue 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 expect that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

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

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.