Ameritas Advisory Services LLC Purchases 25,988 Shares of CocaCola Company (The) $KO

Key Points

• Ameritas Advisory Services boosted its Coca-Cola stake by 121.4% in the fourth quarter, buying 25,988 additional shares and bringing its total holding to 47,402 shares worth about $3.31 million.
• Coca-Cola posted strong quarterly results, beating analyst expectations on both earnings and revenue, with revenue up 11.4% year over year and EPS coming in above estimates.
• Wall Street remains bullish on KO, with multiple firms raising price targets and the stock carrying a consensus Buy rating and average target price of $86.27.

Ameritas Advisory Services LLC increased its position in CocaCola Company (The) (NYSE:KO - Free Report) by 121.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,402 shares of the company's stock after acquiring an additional 25,988 shares during the quarter. Ameritas Advisory Services LLC's holdings in CocaCola were worth $3,314,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Anfield Capital Management LLC grew its position in shares of 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 during the last quarter. Headlands Technologies LLC acquired a new position in shares of CocaCola during the 2nd quarter worth about $26,000. Cloud Capital Management LLC bought a new stake in CocaCola during the 3rd quarter valued at approximately $27,000. Daytona Street Capital LLC bought a new stake in CocaCola during the 4th quarter valued at approximately $29,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in CocaCola in the 3rd quarter valued at approximately $30,000. Institutional investors and hedge funds own 70.26% of the company's stock.

Insider Transactions at CocaCola

In other news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the transaction, the executive vice president owned 17,725 shares in the company, valued at approximately $1,371,383.25. This represents a 57.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Bruno Pietracci sold 28,765 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total transaction of $2,284,228.65. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 755,101 shares of company stock worth $59,988,566. 0.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have commented on the company. JPMorgan Chase & Co. lifted their price target on CocaCola from $83.00 to $85.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 29th. Weiss Ratings raised CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research report on Monday, May 4th. Wells Fargo & Company boosted their target price on shares of CocaCola from $79.00 to $87.00 and gave the stock an "overweight" rating in a research report on Monday, February 9th. UBS Group upped their target price on shares of CocaCola from $90.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Finally, Truist Financial set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $86.27.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola’s push into energy drinks and functional beverages is being viewed as a potential growth catalyst, with new flavors, lower-sugar options, and its Monster partnership helping the company target faster-growing categories beyond traditional soft drinks.
• Positive Sentiment: The company recently beat quarterly expectations, reporting stronger-than-expected EPS and revenue along with 11.4% year-over-year revenue growth, which supports the case for solid underlying business momentum.
• Positive Sentiment: Analyst sentiment remains constructive, with several firms raising price targets and the consensus rating still at Buy, suggesting Wall Street sees room for further upside.
• Neutral Sentiment: Coca-Cola also announced a quarterly dividend of $0.53 per share, reinforcing its appeal as a defensive income stock for long-term investors.
• Negative Sentiment: Recent insider selling by Chairman James Quincey, including a 200,000-share sale, may create some investor caution, even though insider sales do not necessarily signal weakening fundamentals.
• Negative Sentiment: A Diet Coke shortage in parts of India, linked to aluminum can supply constraints and broader geopolitical disruptions, highlights operational and supply-chain risks that could pressure near-term sales in certain markets.

CocaCola Trading Up 0.3%

CocaCola stock opened at $80.28 on Thursday. The business has a 50 day moving average price of $76.93 and a two-hundred day moving average price of $74.10. 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 Company has a 12 month low of $65.35 and a 12 month high of $82.00. The stock has a market cap of $345.39 billion, a price-to-earnings ratio of 25.24, a price-to-earnings-growth ratio of 3.20 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola's revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts forecast that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

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

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.

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