Atwater Malick LLC Cuts Stock Position in CocaCola Company (The) $KO

Key Points

• Atwater Malick LLC trimmed its Coca‑Cola stake by 15.5% in Q4, selling 17,036 shares and leaving it with 92,863 shares worth $6.49M (about 1.8% of the firm's holdings and its 16th largest position).
• Significant insider selling was reported — Bruno Pietracci sold 28,765 shares and EVP Nancy Quan sold 23,556 shares on March 3, and insiders have sold a total of 892,925 shares (~$70.25M) in the last 90 days.
• Coca‑Cola raised its quarterly dividend to $0.53 (annualized $2.12, yield ~2.8%), and analysts maintain a consensus "Buy" rating with a $85 consensus price target.

Atwater Malick LLC cut its position in CocaCola Company (The) (NYSE:KO - Free Report) by 15.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,863 shares of the company's stock after selling 17,036 shares during the quarter. CocaCola comprises about 1.8% of Atwater Malick LLC's holdings, making the stock its 16th largest position. Atwater Malick LLC's holdings in CocaCola were worth $6,492,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of KO. Allen Wealth Management LLC increased its holdings in shares of CocaCola by 4.7% in the 4th quarter. Allen Wealth Management LLC now owns 14,423 shares of the company's stock worth $1,008,000 after buying an additional 650 shares during the last quarter. Steph & Co. lifted its position in CocaCola by 94.7% in the fourth quarter. Steph & Co. now owns 477 shares of the company's stock valued at $33,000 after purchasing an additional 232 shares during the last quarter. Eagle Bay Advisors LLC lifted its position in CocaCola by 1.6% in the fourth quarter. Eagle Bay Advisors LLC now owns 17,139 shares of the company's stock valued at $1,198,000 after purchasing an additional 265 shares during the last quarter. Third View Private Wealth LLC purchased a new stake in CocaCola in the 4th quarter worth approximately $4,285,000. Finally, Tectonic Advisors LLC lifted its holdings in CocaCola by 7.2% in the 4th quarter. Tectonic Advisors LLC now owns 146,794 shares of the company's stock worth $10,262,000 after buying an additional 9,852 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CocaCola

In related news, insider Bruno Pietracci sold 28,765 shares of the business's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Nancy Quan sold 23,556 shares of the business's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the completion of the sale, the executive vice president owned 223,330 shares in the company, valued at $17,754,735. This represents a 9.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 in the last ninety days. Corporate insiders own 0.90% of the company's stock.

CocaCola Stock Performance

Shares of KO opened at $76.41 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 1.23. The business has a 50-day simple moving average of $77.69 and a two-hundred day simple moving average of $72.71. The stock has a market cap of $328.88 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 3.27 and a beta of 0.36. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.00.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The business had revenue of $11.82 billion during the quarter, compared to analysts' expectations of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business's quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, analysts expect that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from CocaCola's previous quarterly dividend of $0.51. This represents a $2.12 annualized dividend and a yield of 2.8%. CocaCola's dividend payout ratio is 69.74%.

Analysts Set New Price Targets

KO has been the topic of several research reports. Truist Financial set a $85.00 price objective on CocaCola in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of CocaCola from $83.00 to $86.00 and gave the company a "buy" rating in a research note on Monday, March 30th. Wells Fargo & Company raised their price objective on shares of CocaCola from $79.00 to $87.00 and gave the company an "overweight" rating in a research note on Monday, February 9th. Citigroup boosted their target price on CocaCola from $85.00 to $87.00 and gave the stock a "buy" rating in a research report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. boosted their target price on CocaCola from $79.00 to $83.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $85.00.

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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