Weatherly Asset Management L. P. lifted its position in CocaCola Company (The) (NYSE:KO – Free Report) by 7.6% in the 4th quarter, Holdings Channel reports. The fund owned 119,442 shares of the company’s stock after acquiring an additional 8,450 shares during the quarter. CocaCola accounts for 0.6% of Weatherly Asset Management L. P.’s holdings, making the stock its 27th biggest holding. Weatherly Asset Management L. P.’s holdings in CocaCola were worth $8,350,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Advisors Inc. OK lifted its position in CocaCola by 19.9% during the 4th quarter. Capital Advisors Inc. OK now owns 884,134 shares of the company’s stock valued at $61,810,000 after acquiring an additional 146,843 shares during the period. Hengehold Capital Management LLC purchased a new stake in CocaCola in the fourth quarter worth about $204,000. Victory Financial Group LLC increased its stake in shares of CocaCola by 26.0% during the fourth quarter. Victory Financial Group LLC now owns 6,212 shares of the company’s stock valued at $434,000 after purchasing an additional 1,281 shares in the last quarter. Cohen Investment Advisors LLC increased its stake in shares of CocaCola by 5.0% during the fourth quarter. Cohen Investment Advisors LLC now owns 45,838 shares of the company’s stock valued at $3,205,000 after purchasing an additional 2,186 shares in the last quarter. Finally, Essential Planning LLC. purchased a new position in shares of CocaCola during the fourth quarter valued at approximately $226,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.
CocaCola Stock Performance
KO stock opened at $76.17 on Thursday. The stock’s 50 day simple moving average is $77.12 and its 200 day simple moving average is $72.08. 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 Company has a 12-month low of $65.35 and a 12-month high of $82.00. The stock has a market capitalization of $327.84 billion, a PE ratio of 25.06, a price-to-earnings-growth ratio of 3.21 and a beta of 0.36.
CocaCola Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, March 13th. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s dividend payout ratio is 69.74%.
Insiders Place Their Bets
In other CocaCola news, EVP Nancy Quan sold 23,556 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $17,754,735. The trade was a 9.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of the company’s stock in a transaction dated 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 892,925 shares of company stock worth $70,254,796 in the last quarter. Insiders own 0.90% of the company’s stock.
Wall Street Analysts Forecast Growth
KO has been the topic of several recent research reports. Truist Financial set a $85.00 price target on CocaCola in a research note on Wednesday, February 11th. Jefferies Financial Group boosted their target price on CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Monday, March 16th. Barclays increased their target price on CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Citigroup raised their price target on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. lifted their price target on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. One investment 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 company currently has a consensus rating of “Buy” and a consensus target price of $84.80.
Check Out Our Latest Research Report on CocaCola
Key Headlines Impacting CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Coca‑Cola plans to invest $1 billion in South Africa through 2030, signaling confidence in emerging‑market demand and distribution expansion. Coca‑Cola To Invest $1 Billion In South Africa Through 2030
- Positive Sentiment: Zacks argues KO has the mix of factors that make another quarterly earnings beat likely, reinforcing investor confidence in near‑term cash flow and EPS stability. Will Coca‑Cola (KO) Beat Estimates Again?
- Positive Sentiment: Market rotation into defensive sectors (consumer staples ETFs) is providing a tailwind for KO as investors seek low‑beta, high‑dividend hedges in a more uncertain macro environment. As Recession Odds Climb, Defensive Sectors Continue to Outperform
- Positive Sentiment: Coverage notes (including Deutsche Bank) and dividend‑focused writeups (The Motley Fool) highlight KO’s long dividend track record and favorable analyst outlook, supporting buy‑side interest. Deutsche Bank Forecasts Strong Price Appreciation Set It and Forget It: 2 Dividend Stocks
- Neutral Sentiment: KO’s AI and cloud initiatives are being expanded across the value chain — boosting execution and insights but not yet a full tech‑led growth pivot, so impact is longer‑term/operational. Does Coca‑Cola’s AI and Cloud Push Signal a New Tech‑Led Growth Phase?
- Neutral Sentiment: Analyst roundups and head‑to‑head pieces broadly reiterate KO’s defensive, low‑volatility profile; useful for positioning but not immediate price catalysts. Top Analyst Reports for Exxon Mobil, Coca‑Cola & Uber Coca‑Cola HBC and Coca‑Cola Head‑To‑Head Analysis
- Negative Sentiment: CEO James Quincey’s announced step‑down and the creation of a new chief digital officer to accelerate AI/digital transformation introduce leadership transition risk and near‑term uncertainty about execution and strategy. Coca‑Cola CEO Shift Puts AI And Valuation In Fresh Focus
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.
See Also
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