CocaCola Company (The) $KO Shares Sold by Ilmarinen Mutual Pension Insurance Co

Ilmarinen Mutual Pension Insurance Co cut its stake in shares of CocaCola Company (The) (NYSE:KO) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 744,000 shares of the company’s stock after selling 61,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in CocaCola were worth $52,013,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in CocaCola by 38.1% during the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock valued at $7,802,000 after buying an additional 30,786 shares during the period. Dynamic Technology Lab Private Ltd boosted its position in CocaCola by 82.3% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock worth $3,296,000 after acquiring an additional 22,444 shares during the period. Atlantic Union Bankshares Corp grew its stake in CocaCola by 19.9% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 120,866 shares of the company’s stock valued at $8,016,000 after acquiring an additional 20,032 shares in the last quarter. Capitolis Liquid Global Markets LLC increased its holdings in shares of CocaCola by 16.4% in the 3rd quarter. Capitolis Liquid Global Markets LLC now owns 710,000 shares of the company’s stock valued at $47,087,000 after purchasing an additional 100,000 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position in shares of CocaCola by 35.0% in the third quarter. Smartleaf Asset Management LLC now owns 54,307 shares of the company’s stock worth $3,586,000 after purchasing an additional 14,076 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KO shares. Morgan Stanley set a $88.00 price objective on shares of CocaCola in a research report on Wednesday, March 11th. Truist Financial set a $85.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. Wells Fargo & Company boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. TD Cowen increased their price objective on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Citigroup lifted their price objective on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $86.80.

CocaCola Price Performance

NYSE KO opened at $80.45 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $346.13 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 3.26 and a beta of 0.35. The company has a 50 day moving average price of $77.69 and a two-hundred day moving average price of $75.03. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.66.

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

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid 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 66.67%.

Insider Buying and Selling at CocaCola

In related news, CFO John Murphy sold 72,449 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total value of $5,833,593.48. Following the transaction, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at approximately $22,538,916.84. This trade represents a 20.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Monica Howard Douglas sold 23,880 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the sale, the executive vice president owned 17,725 shares of the company’s stock, valued at approximately $1,371,383.25. This trade represents a 57.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 630,963 shares of company stock worth $50,016,979 in the last 90 days. Company insiders own 0.90% of the company’s stock.

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.