AMF Tjanstepension AB Boosts Holdings in CocaCola Company (The) $KO

AMF Tjanstepension AB lifted its stake in CocaCola Company (The) (NYSE:KOFree Report) by 5.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,863,833 shares of the company’s stock after buying an additional 141,321 shares during the period. CocaCola makes up 1.2% of AMF Tjanstepension AB’s investment portfolio, making the stock its 26th largest holding. AMF Tjanstepension AB’s holdings in CocaCola were worth $200,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Anfield Capital Management LLC boosted its stake in CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the period. Headlands Technologies LLC acquired a new stake in CocaCola during the 2nd quarter worth $26,000. Cloud Capital Management LLC acquired a new stake in CocaCola during the 3rd quarter worth $27,000. Daytona Street Capital LLC acquired a new stake in CocaCola during the 4th quarter worth $29,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of CocaCola in the 3rd quarter worth $30,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

CocaCola Stock Performance

Shares of KO opened at $81.26 on Tuesday. The company has a 50-day simple moving average of $77.09 and a 200-day simple moving average of $74.33. 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 company has a market capitalization of $349.63 billion, a PE ratio of 25.55, a P/E/G ratio of 3.23 and a beta of 0.35. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.00.

CocaCola (NYSE:KOGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The business had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business’s revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 EPS. 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 Announces Dividend

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 issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

Insiders Place Their Bets

In other news, CFO John Murphy sold 99,437 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total value of $7,996,723.54. Following the completion of the transaction, the chief financial officer owned 410,550 shares in the company, valued at $33,016,431. This trade represents a 19.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 755,101 shares of company stock worth $59,988,566. Insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

KO has been the subject of several recent analyst reports. Royal Bank Of Canada set a $87.00 target price on shares of CocaCola in a research note on Wednesday, February 11th. UBS Group raised their target price on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Barclays raised their target price on shares of CocaCola from $83.00 to $85.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Wells Fargo & Company raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $86.53.

Check Out Our Latest Analysis on KO

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.

Featured Stories

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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