42,970 Shares in CocaCola Company (The) $KO Purchased by Vertrix Wealth Management LLC

Vertrix Wealth Management LLC bought a new stake in shares of CocaCola Company (The) (NYSE:KO) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 42,970 shares of the company’s stock, valued at approximately $3,268,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KO. Eurizon SLJ Capital Ltd bought a new stake in CocaCola in the 4th quarter valued at $552,000. Farther Finance Advisors LLC increased its holdings in shares of CocaCola by 38.1% during the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock worth $7,802,000 after purchasing an additional 30,786 shares during the period. Dynamic Technology Lab Private Ltd raised its position in shares of CocaCola by 82.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company’s stock valued at $3,296,000 after buying an additional 22,444 shares during the last quarter. Capitolis Liquid Global Markets LLC lifted its stake 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 valued at $47,087,000 after buying an additional 100,000 shares during the period. Finally, King Luther Capital Management Corp lifted its stake 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 valued at $269,330,000 after buying an additional 31,694 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analysts Set New Price Targets

KO has been the topic of several research reports. Jefferies Financial Group boosted their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Morgan Stanley set a $89.00 price objective on CocaCola in a research report on Wednesday, June 10th. Piper Sandler reissued an “overweight” rating on shares of CocaCola in a report on Friday, June 26th. UBS Group boosted their price objective on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Citigroup upped their target price on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.88.

CocaCola Stock Performance

NYSE KO opened at $81.28 on Thursday. The stock has a market cap of $349.73 billion, a P/E ratio of 25.56, a PEG ratio of 3.25 and a beta of 0.34. The company’s 50-day simple moving average is $79.81 and its 200 day simple moving average is $76.57. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $84.04. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. The firm 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 company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a $0.53 dividend. 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 dividend payout ratio is presently 66.67%.

Key CocaCola News

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 Buying and Selling

In other CocaCola news, Chairman James Quincey sold 436,296 shares of the stock in a transaction on 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 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 transaction was disclosed in a legal filing with the SEC, 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 Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the transaction, the executive vice president directly owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. The trade was a 35.54% 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 worth $71,832,315 in the last 90 days. 0.90% of the stock is owned by company insiders.

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.