Generali Investments CEE investicni spolecnost a.s. Purchases 16,975 Shares of CocaCola Company (The) $KO

Generali Investments CEE investicni spolecnost a.s. raised its position in CocaCola Company (The) (NYSE:KOFree Report) by 26.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 81,228 shares of the company’s stock after acquiring an additional 16,975 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in CocaCola were worth $5,679,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of KO. Vanguard Group Inc. increased its holdings in CocaCola by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 368,885,160 shares of the company’s stock valued at $24,464,464,000 after purchasing an additional 1,443,189 shares during the period. State Street Corp lifted its holdings in CocaCola by 0.6% in the 3rd quarter. State Street Corp now owns 165,858,003 shares of the company’s stock worth $11,083,296,000 after buying an additional 923,278 shares during the period. Norges Bank purchased a new stake in CocaCola in the 2nd quarter worth approximately $3,846,270,000. Franklin Resources Inc. grew its position in shares of CocaCola by 15.1% in the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after buying an additional 5,135,198 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in shares of CocaCola by 2.8% during the third quarter. Legal & General Group Plc now owns 28,051,787 shares of the company’s stock valued at $1,860,395,000 after buying an additional 770,235 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

CocaCola Trading Up 1.3%

NYSE KO opened at $75.70 on Friday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The company has a current ratio of 1.46, a quick ratio of 1.25 and a debt-to-equity ratio of 1.23. The stock’s fifty day moving average price is $76.84 and its 200-day moving average price is $71.87. The stock has a market cap of $325.81 billion, a P/E ratio of 24.90, a P/E/G ratio of 3.12 and a beta of 0.35.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $12.04 billion. During the same quarter in the previous year, the business posted $0.55 EPS. CocaCola’s 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. As a group, equities analysts forecast 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. Stockholders of record on Friday, March 13th will be paid a $0.53 dividend. This is a boost from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, March 13th. CocaCola’s payout ratio is currently 69.74%.

Insider Transactions at CocaCola

In other news, insider Bruno Pietracci sold 28,765 shares of the 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO James Quincey sold 337,824 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the sale, the chief executive officer directly owned 342,546 shares of the company’s stock, valued at $26,410,296.60. This trade represents a 49.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 892,925 shares of company stock valued at $70,254,796. 0.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on KO. JPMorgan Chase & Co. raised their price target on CocaCola from $79.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $83.00 price objective on shares of CocaCola in a research report on Thursday, January 29th. Wells Fargo & Company raised their target price on shares of CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Truist Financial set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $84.60.

View Our Latest Stock Report on KO

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

CocaCola Company Profile

(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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