CocaCola Company (The) $KO Shares Sold by Calydon Capital

Calydon Capital lowered its position in shares of CocaCola Company (The) (NYSE:KO) by 13.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 91,401 shares of the company’s stock after selling 13,729 shares during the quarter. Calydon Capital’s holdings in CocaCola were worth $6,062,000 as of its most recent filing with the SEC.

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

Insider Transactions at CocaCola

In other CocaCola news, insider Bruno Pietracci sold 28,765 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the sale, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. This represents a 57.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 892,925 shares of company stock worth $70,254,796 in the last 90 days. Insiders own 0.97% of the company’s stock.

CocaCola Stock Performance

NYSE KO opened at $77.34 on Friday. The business has a 50 day moving average price of $75.64 and a 200 day moving average price of $71.39. The company has a market capitalization of $332.60 billion, a P/E ratio of 25.44, a PEG ratio of 3.24 and a beta of 0.35. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $82.00. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $12.04 billion. During the same period in the previous year, the business earned $0.55 earnings per share. CocaCola’s quarterly revenue was up 2.2% compared to the same quarter last year. 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 fiscal year.

CocaCola Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid 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 Friday, March 13th. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s dividend payout ratio is currently 67.11%.

Analysts Set New Price Targets

KO has been the subject of a number of analyst reports. JPMorgan Chase & Co. increased their target price on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. UBS Group upped their price objective on CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Barclays increased their price objective on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of CocaCola in a report on Thursday, January 22nd. Finally, TD Cowen restated a “buy” rating on shares of CocaCola in a research 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $84.40.

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.