Financial & Tax Architects LLC Has $7.46 Million Stock Holdings in CocaCola Company (The) $KO

Financial & Tax Architects LLC trimmed its position in CocaCola Company (The) (NYSE:KO) by 6.8% during the first quarter, HoldingsChannel.com reports. The fund owned 98,087 shares of the company’s stock after selling 7,211 shares during the quarter. CocaCola makes up 1.7% of Financial & Tax Architects LLC’s portfolio, making the stock its 17th biggest position. Financial & Tax Architects LLC’s holdings in CocaCola were worth $7,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Eurizon SLJ Capital Ltd acquired a new stake in CocaCola in the fourth quarter valued at about $552,000. Farther Finance Advisors LLC raised its stake in CocaCola by 38.1% during the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after acquiring an additional 30,786 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its stake in CocaCola by 82.3% during the third 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 in the last quarter. Capitolis Liquid Global Markets LLC lifted its holdings in shares of CocaCola by 16.4% in the third quarter. Capitolis Liquid Global Markets LLC now owns 710,000 shares of the company’s stock worth $47,087,000 after acquiring an additional 100,000 shares during the last quarter. Finally, King Luther Capital Management Corp lifted its holdings in shares of CocaCola by 0.8% in the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock worth $269,330,000 after acquiring an additional 31,694 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Sanford C. Bernstein started coverage on shares of CocaCola in a report on Thursday, June 11th. They set a “market perform” rating and a $84.00 price target on the stock. TD Cowen increased their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group boosted 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. Truist Financial set a $88.00 price target on shares of CocaCola in a report on Friday. Finally, Barclays increased their price target on CocaCola from $85.00 to $89.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Fifteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, CocaCola presently has an average rating of “Moderate Buy” and an average target price of $86.88.

Insiders Place Their Bets

In other CocaCola news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at approximately $9,842,608.29. The trade was a 78.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is currently owned by company insiders.

CocaCola Stock Down 1.8%

Shares of NYSE KO opened at $81.18 on Wednesday. The company has a 50 day simple moving average of $79.69 and a 200 day simple moving average of $76.49. The firm has a market cap of $349.27 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.35. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $84.04. 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 posted its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same period in the previous year, the firm posted $0.73 EPS. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, research analysts forecast that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. CocaCola’s payout ratio is currently 66.67%.

CocaCola 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.