CocaCola Company (The) $KO Stake Decreased by MRA Advisory Group

MRA Advisory Group lessened its position in CocaCola Company (The) (NYSE:KO) by 67.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,123 shares of the company’s stock after selling 12,857 shares during the period. MRA Advisory Group’s holdings in CocaCola were worth $527,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Louisbourg Investments Inc. purchased a new stake in CocaCola in the 1st quarter worth about $25,000. Guardian Partners Inc. purchased a new position in shares of CocaCola during the second quarter valued at approximately $27,000. Bard Associates Inc. purchased a new position in shares of CocaCola during the fourth quarter valued at approximately $30,000. Horizons Wealth Management bought a new position in shares of CocaCola during the third quarter valued at approximately $31,000. Finally, Atomic Invest LLC raised its holdings in shares of CocaCola by 38.7% in the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after buying an additional 122 shares during the period. 70.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KO. CICC Research raised their price target on CocaCola from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Royal Bank Of Canada increased their target price on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. DZ Bank restated a “buy” rating on shares of CocaCola in a report on Wednesday, July 29th. Finally, Barclays raised their price target on shares of CocaCola from $91.00 to $93.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, CocaCola has an average rating of “Moderate Buy” and a consensus price target of $95.95.

CocaCola Stock Down 0.2%

NYSE KO traded down $0.14 on Wednesday, reaching $86.03. 5,000,101 shares of the stock traded hands, compared to its average volume of 16,891,406. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The company has a fifty day moving average price of $88.08 and a 200-day moving average price of $82.57. The company has a market cap of $370.17 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 3.37 and a beta of 0.32. CocaCola Company has a 12 month low of $66.00 and a 12 month high of $92.49.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, research analysts forecast that CocaCola Company will post 3.29 EPS for the current fiscal year.

CocaCola Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, September 15th. CocaCola’s dividend payout ratio is presently 63.66%.

Insider Buying and Selling at CocaCola

In other news, EVP Nancy Quan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. This trade represents a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the transaction, the chief financial officer directly owned 279,917 shares in the company, valued at approximately $24,439,553.27. The trade was a 35.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is currently owned by company insiders.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: New product launches support growth prospects. Coca-Cola is bringing back a seasonal favorite and introducing banana- and vanilla-flavored beverages, along with sugar-free probiotic and other “better-for-you” sodas. The launches could help broaden its portfolio and appeal to consumers seeking lower-sugar options. Coca-Cola Stock Fizzes on New Banana, Vanilla and Better-for-You Soda Launches
• Positive Sentiment: Wells Fargo reiterated its Buy rating. The endorsement provides additional support for the stock and suggests the bank remains constructive on Coca-Cola’s earnings outlook and defensive qualities. Wells Fargo Reaffirms Buy Rating on Coca-Cola
• Positive Sentiment: Dividend reliability remains an attraction. Coca-Cola has increased its dividend for 64 consecutive years and offers a roughly 2.5% yield, supporting its appeal to income-focused and defensive investors. Coca-Cola Dividend Investment Analysis
• Neutral Sentiment: KO is increasingly positioned around changing consumer preferences. Coverage highlights new beverages and the potential effect of GLP-1 weight-loss drugs on demand, indicating that product innovation is becoming more important as consumers may reduce consumption of traditional sugary drinks. Coca-Cola Unveils New Drinks as GLP-1 Use Shifts Demand
• Negative Sentiment: Valuation limits upside. Coca-Cola trades at about 26 times earnings, above the S&P 500’s cited 21.5 multiple. Investors are therefore paying a premium for stability and dividend growth, leaving less room for disappointment. Has Coca-Cola Stock Become a Different Bet?

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.