71 West Capital Partners Purchases Shares of 14,021 CocaCola Company (The) $KO

Key Points

• 71 West Capital Partners opened a new position in Coca-Cola, buying 14,021 shares valued at about $980,000 in the fourth quarter.
• Coca-Cola posted better-than-expected quarterly results, with EPS of $0.86 versus $0.81 expected and revenue of $12.47 billion, up 11.4% year over year. The company also reaffirmed confidence with FY 2026 EPS guidance of 3.240–3.270.
• The company declared a $0.53 quarterly dividend, equal to an annualized yield of about 2.6%, while analysts remain broadly positive with a Moderate Buy consensus and an average target price of $86.69.

71 West Capital Partners purchased a new stake in CocaCola Company (The) (NYSE:KO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,021 shares of the company's stock, valued at approximately $980,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KO. Vanguard Group Inc. boosted its stake in shares of CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock valued at $26,200,276,000 after purchasing an additional 5,886,352 shares during the last quarter. State Street Corp boosted its stake in shares of CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company's stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of CocaCola by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock valued at $6,273,037,000 after purchasing an additional 433,547 shares during the last quarter. Norges Bank bought a new stake in shares of CocaCola in the 4th quarter valued at $3,865,807,000. Finally, Franklin Resources Inc. boosted its stake in shares of CocaCola by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company's stock valued at $2,816,697,000 after purchasing an additional 1,195,581 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Stock Down 2.0%

CocaCola stock opened at $80.94 on Tuesday. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $84.04. The firm has a market capitalization of $348.24 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 3.30 and a beta of 0.35. The firm's fifty day moving average price is $78.79 and its two-hundred day moving average price is $75.76. 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 - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating 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 last year, the firm earned $0.73 earnings per share. The business's quarterly revenue 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, equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

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

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to highlight Coca-Cola as a defensive consumer-staples name that can hold up well during inflation and market volatility, which may be attracting buyers seeking stability. Article: 4 Low-Beta Consumer Staples Stocks to Navigate Through Surging Inflation
• Positive Sentiment: Coca-Cola’s cost-saving initiatives and operating efficiencies are being credited with supporting profitability and helping offset commodity inflation, which is constructive for margins. Article: Are Coca-Cola's Cost-Saving Initiatives Boosting Profitability?
• Positive Sentiment: Several recent articles frame KO as a reliable long-term dividend and income stock, reinforcing investor interest in the company’s steady cash-flow profile. Article: Want a Lifetime of Passive Income? Buy Coca-Cola in June and Never Sell.
• Neutral Sentiment: Market commentary also notes that KO has already run up sharply this year and hit new highs, so some investors may be pausing to reassess valuation after the rally. Article: Coca Cola at 52-Week High: Buy, Sell or Hold?
• Negative Sentiment: The latest trading-day weakness appears tied more to profit-taking and rotation within the market than to any company-specific setback, with KO pulling back while broader markets were firmer. Article: Coca-Cola (KO) Stock Falls Amid Market Uptick: What Investors Need to Know

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the firm's stock in a transaction on 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 transaction, the executive vice president directly owned 223,330 shares of the company's stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the firm's stock in a transaction on Friday, June 5th. The shares were 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 trade represents a 78.03% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 899,905 shares of company stock valued at $71,832,315. Corporate insiders own 0.90% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on KO shares. Weiss Ratings raised shares of CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research note on Monday, May 4th. Citigroup upped their price objective on shares of CocaCola from $90.00 to $91.00 and gave the company a "buy" rating in a research note on Monday, May 18th. TD Cowen upped 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. JPMorgan Chase & Co. increased their target price on shares of CocaCola from $83.00 to $85.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 29th. Finally, UBS Group raised their price target on shares of CocaCola from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Fifteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $86.69.

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.

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