Barrow Hanley Mewhinney & Strauss LLC Acquires 40,353 Shares of Coca-Cola Europacific Partners $CCEP

Key Points

• Barrow Hanley Mewhinney & Strauss LLC increased its stake in Coca-Cola Europacific Partners by 8.7%, acquiring 40,353 shares and bringing its total to 505,187 shares worth about $45.7 million (≈0.11% of the company).
• Several analysts raised price targets (UBS to $118, Barclays to $111, Goldman to $110), and the stock carries a consensus rating of Moderate Buy with a $107.71 average target.
• CCEP opened at $101.72 and trades in a 52‑week range of $80.70–$110.90, with a debt‑to‑equity ratio of 1.23 and roughly 31.35% of shares held by institutional investors.

Barrow Hanley Mewhinney & Strauss LLC grew its stake in Coca-Cola Europacific Partners (NASDAQ:CCEP - Free Report) by 8.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 505,187 shares of the company's stock after acquiring an additional 40,353 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 0.11% of Coca-Cola Europacific Partners worth $45,674,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CCEP. Mather Group LLC. acquired a new stake in Coca-Cola Europacific Partners in the third quarter valued at approximately $31,000. First Command Advisory Services Inc. lifted its holdings in shares of Coca-Cola Europacific Partners by 1,800.0% during the 3rd quarter. First Command Advisory Services Inc. now owns 361 shares of the company's stock valued at $33,000 after purchasing an additional 342 shares during the last quarter. First Horizon Advisors Inc. boosted its position in shares of Coca-Cola Europacific Partners by 61.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 363 shares of the company's stock worth $34,000 after purchasing an additional 138 shares in the last quarter. Westerkirk Capital Inc. purchased a new stake in Coca-Cola Europacific Partners in the second quarter valued at about $37,000. Finally, MAI Capital Management increased its holdings in shares of Coca-Cola Europacific Partners by 113.4% during the second quarter. MAI Capital Management now owns 414 shares of the company's stock valued at $38,000 after acquiring an additional 220 shares in the last quarter. 31.35% of the stock is owned by institutional investors.

Coca-Cola Europacific Partners Stock Up 0.1%

NASDAQ:CCEP opened at $101.72 on Wednesday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.60 and a current ratio of 0.80. Coca-Cola Europacific Partners has a 52 week low of $80.70 and a 52 week high of $110.90. The stock's 50-day moving average price is $95.98 and its 200-day moving average price is $92.12.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CCEP shares. UBS Group lifted their price objective on shares of Coca-Cola Europacific Partners from $103.00 to $118.00 and gave the stock a "buy" rating in a research note on Wednesday, February 18th. Barclays upped their target price on Coca-Cola Europacific Partners from $101.00 to $111.00 and gave the company an "overweight" rating in a research report on Thursday, February 19th. JPMorgan Chase & Co. raised their target price on Coca-Cola Europacific Partners from $89.00 to $93.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 18th. Citigroup reiterated a "buy" rating on shares of Coca-Cola Europacific Partners in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group increased their price target on shares of Coca-Cola Europacific Partners from $98.00 to $110.00 and gave the stock a "buy" rating in a report on Wednesday, February 18th. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $107.71.

About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company. The business manufactures, bottles, sells and delivers a broad portfolio of global and local beverage brands, including still and sparkling soft drinks, waters, juices, sports drinks and ready-to-drink teas and coffees. Its activities encompass production, packaging, marketing and route-to-market distribution for retail, foodservice, convenience and vending customers.

The company was created through the combination of Coca-Cola European Partners and Coca-Cola Amatil in 2021, bringing together beverage operations across Europe and the Asia-Pacific region.

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