Impact Partnership Wealth LLC Invests $687,000 in CocaCola Company (The) $KO

Impact Partnership Wealth LLC purchased a new stake in CocaCola Company (The) (NYSE:KO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,834 shares of the company’s stock, valued at approximately $687,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anfield Capital Management LLC boosted its holdings in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares in the last quarter. Headlands Technologies LLC acquired a new position in CocaCola in the second quarter valued at approximately $26,000. Daytona Street Capital LLC acquired a new position in CocaCola in the fourth quarter valued at approximately $29,000. Cloud Capital Management LLC acquired a new position in CocaCola in the third quarter valued at approximately $27,000. Finally, Elevated Capital Advisors LLC acquired a new position in CocaCola in the fourth quarter valued at approximately $30,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Bruno Pietracci sold 28,765 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total transaction of $2,284,228.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John Murphy sold 72,449 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $80.52, for a total value of $5,833,593.48. Following the sale, the chief financial officer owned 279,917 shares of the company’s stock, valued at $22,538,916.84. This trade represents a 20.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 630,963 shares of company stock valued at $50,016,979. 0.90% of the stock is owned by insiders.

CocaCola Price Performance

KO stock opened at $78.96 on Friday. The company has a market capitalization of $339.71 billion, a P/E ratio of 24.83, a PEG ratio of 3.16 and a beta of 0.35. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.66. The business has a 50 day simple moving average of $77.75 and a 200-day simple moving average of $75.06. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 40.55% and a net margin of 27.80%.The company’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts anticipate that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio is presently 66.67%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KO. Jefferies Financial Group upped their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a report on Monday, March 16th. Wells Fargo & Company upped their price target on CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Morgan Stanley set a $88.00 price target on CocaCola in a report on Wednesday, March 11th. Evercore reaffirmed an “outperform” rating and issued a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Finally, UBS Group increased their price objective on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating, According to MarketBeat.com, CocaCola has an average rating of “Buy” and an average price target of $86.80.

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.