Larson Financial Group LLC Buys 7,282 Shares of CocaCola Company (The) $KO

Larson Financial Group LLC boosted its stake in shares of CocaCola Company (The) (NYSE:KOFree Report) by 18.8% during the 4th quarter, HoldingsChannel reports. The fund owned 45,952 shares of the company’s stock after purchasing an additional 7,282 shares during the period. Larson Financial Group LLC’s holdings in CocaCola were worth $3,213,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Vestia Personal Wealth Advisors increased its stake in CocaCola by 3.8% during the fourth quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company’s stock worth $275,000 after acquiring an additional 140 shares during the last quarter. Apexium Financial LP increased its stake in CocaCola by 1.2% during the third quarter. Apexium Financial LP now owns 12,154 shares of the company’s stock worth $810,000 after acquiring an additional 142 shares during the last quarter. Stockman Wealth Management Inc. increased its stake in CocaCola by 1.7% during the fourth quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company’s stock worth $622,000 after acquiring an additional 147 shares during the last quarter. 1ST Source Bank increased its stake in CocaCola by 0.7% during the fourth quarter. 1ST Source Bank now owns 19,766 shares of the company’s stock worth $1,382,000 after acquiring an additional 147 shares during the last quarter. Finally, Prosperity Financial Group Inc. boosted its position in shares of CocaCola by 3.9% during the third quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company’s stock valued at $262,000 after buying an additional 148 shares during the period. 70.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Jefferies Financial Group boosted their target price on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Truist Financial set a $85.00 target price on CocaCola in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft boosted their target price on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Finally, Citigroup boosted their target price on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research report on Monday. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $86.53.

Read Our Latest Research Report on KO

CocaCola Stock Performance

Shares of KO opened at $81.90 on Wednesday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.66. The stock has a fifty day moving average price of $77.19 and a 200-day moving average price of $74.43. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The firm has a market cap of $352.36 billion, a PE ratio of 25.75, a P/E/G ratio of 3.24 and a beta of 0.35.

CocaCola (NYSE:KOGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the prior year, the business posted $0.73 EPS. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio is currently 66.67%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

Insider Activity

In other news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction on 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 completion of the sale, the executive vice president owned 17,725 shares in the company, valued at approximately $1,371,383.25. This represents a 57.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 786,726 shares of company stock worth $62,547,977. Company insiders own 0.90% of the company’s stock.

About CocaCola

(Free Report)

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.

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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