CocaCola Company (The) $KO Stock Holdings Lessened by Greenup Street Wealth Management LLC

Greenup Street Wealth Management LLC cut its holdings in CocaCola Company (The) (NYSE:KO) by 83.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 6,586 shares of the company’s stock after selling 33,084 shares during the period. Greenup Street Wealth Management LLC’s holdings in CocaCola were worth $501,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of KO. Anfield Capital Management LLC lifted its holdings in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after acquiring an additional 294 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of CocaCola during the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. grew its holdings in shares of CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after purchasing an additional 357 shares during the last quarter. Daytona Street Capital LLC acquired a new stake in shares of CocaCola during the 4th quarter worth approximately $29,000. Finally, Ankerstar Wealth LLC acquired a new stake in shares of CocaCola during the 4th quarter worth approximately $30,000. Institutional investors own 70.26% of the company’s stock.

Insider Buying and Selling at CocaCola

In other news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president directly owned 181,384 shares in the company, valued at $14,412,772.64. This represents a 35.54% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last ninety days, insiders sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is owned by corporate insiders.

CocaCola Stock Performance

Shares of KO opened at $80.62 on Thursday. The firm has a market capitalization of $346.87 billion, a PE ratio of 25.35, a P/E/G ratio of 3.21 and a beta of 0.35. 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 firm has a 50-day moving average price of $79.20 and a 200 day moving average price of $76.16. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $84.04.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The company had revenue of $12.47 billion for 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%. CocaCola’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on KO. Morgan Stanley set a $89.00 price target on CocaCola in a report on Wednesday, June 10th. Citigroup upped their price objective on CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Barclays increased their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. raised their target price on CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Fifteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.69.

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.