CocaCola Company (The) $KO Shares Sold by Cassia Capital Partners LLC

Cassia Capital Partners LLC reduced its holdings in CocaCola Company (The) (NYSE:KO) by 73.8% during the 1st quarter, Holdings Channel reports. The fund owned 4,739 shares of the company’s stock after selling 13,320 shares during the period. Cassia Capital Partners LLC’s holdings in CocaCola were worth $360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC grew its position in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after purchasing an additional 4,591 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after buying an additional 293 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of CocaCola in the 1st quarter valued at about $210,000. Jump Financial LLC boosted its stake in shares of CocaCola by 450.5% in the second quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock worth $2,800,000 after buying an additional 32,392 shares during the last quarter. Finally, Osterweis Capital Management Inc. grew its holdings in CocaCola by 548.2% during the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock worth $75,000 after acquiring an additional 899 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Analyst Upgrades and Downgrades

KO has been the subject of several recent research reports. Jefferies Financial Group lifted their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Piper Sandler restated an “overweight” rating on shares of CocaCola in a research report on Friday, June 26th. UBS Group raised their price target on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley set a $89.00 price objective on shares of CocaCola in a report on Wednesday, June 10th. Finally, Wells Fargo & Company upped their price objective on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, CocaCola presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.88.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola and Marriott announced a global beverage agreement that will place Coca-Cola products across Marriott’s hotel portfolio worldwide, expanding KO’s access to travelers and a major hospitality channel. Article Title
• Positive Sentiment: Reports highlighted that the Marriott deal covers nearly 10,000 hotels, which could broaden Coca-Cola’s international distribution and brand visibility in a high-traffic consumer setting. Article Title
• Positive Sentiment: Analysts and market commentary continue to point to Coca-Cola’s strong brand power and steady market-share gains as supportive factors for the stock. Article Title
• Neutral Sentiment: KO also drew extra investor attention on Zacks, but that note did not include a specific new fundamental catalyst beyond increased interest in the stock. Article Title

Insider Transactions at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at $18,074,096.90. This represents a 12.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the transaction, the chairman directly owned 122,833 shares in the company, valued at $9,842,608.29. This represents a 78.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 899,905 shares of company stock valued at $71,832,315 over the last 90 days. Corporate insiders own 0.90% of the company’s stock.

CocaCola Trading Up 0.0%

Shares of NYSE:KO opened at $81.28 on Thursday. The business’s 50 day moving average price is $79.81 and its 200-day moving average price is $76.57. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $84.04. The firm has a market capitalization of $349.73 billion, a price-to-earnings ratio of 25.56, a price-to-earnings-growth ratio of 3.25 and a beta of 0.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15.

CocaCola (NYSE:KO) last issued 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. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities research analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. CocaCola’s payout ratio is currently 66.67%.

CocaCola Company Profile

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.