Entropy Technologies LP Purchases Shares of 195,646 CocaCola Company (The) $KO

Entropy Technologies LP acquired a new position in shares of CocaCola Company (The) (NYSE:KO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 195,646 shares of the company’s stock, valued at approximately $12,975,000. CocaCola accounts for 1.0% of Entropy Technologies LP’s investment portfolio, making the stock its 5th biggest holding.

Several other large investors also recently modified their holdings of KO. Headlands Technologies LLC acquired a new stake in shares of CocaCola during the 2nd quarter worth about $26,000. Marquette Asset Management LLC acquired a new position in CocaCola in the 3rd quarter valued at about $27,000. Cloud Capital Management LLC bought a new position in CocaCola in the 3rd quarter valued at about $27,000. Redmont Wealth Advisors LLC bought a new position in CocaCola in the 3rd quarter valued at about $30,000. Finally, Winnow Wealth LLC acquired a new stake in CocaCola during the second quarter worth approximately $43,000. 70.26% of the stock is owned by institutional investors.

CocaCola Stock Performance

NYSE:KO opened at $77.56 on Friday. The company has a market cap of $333.55 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 3.25 and a beta of 0.35. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.46. The stock has a fifty day moving average price of $75.47 and a 200-day moving average price of $71.31.

CocaCola (NYSE:KO) last issued its quarterly 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. The company had revenue of $11.82 billion for the quarter, compared to analysts’ expectations of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.CocaCola’s revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the business earned $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, equities analysts anticipate that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

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

Insider Buying and Selling

In other news, insider Bruno Pietracci sold 28,765 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 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 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. In the last ninety days, insiders sold 892,925 shares of company stock worth $70,254,796. 0.97% of the stock is owned by company insiders.

Analyst Ratings Changes

KO has been the topic of several research reports. JPMorgan Chase & Co. upped their target price on CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Morgan Stanley set a $88.00 price target on CocaCola in a report on Wednesday. Evercore restated an “outperform” rating and issued a $85.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Citigroup increased their price objective on CocaCola from $85.00 to $87.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Royal Bank Of Canada set a $87.00 target price on CocaCola in a report on Wednesday, February 11th. One research 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, the stock has an average 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.