BI Asset Management Fondsmaeglerselskab A S Sells 231,592 Shares of CocaCola Company (The) $KO

BI Asset Management Fondsmaeglerselskab A S cut its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,247,166 shares of the company's stock after selling 231,592 shares during the period. CocaCola makes up 0.8% of BI Asset Management Fondsmaeglerselskab A S's holdings, making the stock its 23rd biggest holding. BI Asset Management Fondsmaeglerselskab A S's holdings in CocaCola were worth $87,189,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vestia Personal Wealth Advisors increased its holdings in shares of CocaCola by 3.8% in the 4th quarter. Vestia Personal Wealth Advisors now owns 3,819 shares of the company's stock worth $275,000 after buying an additional 140 shares during the last quarter. Apexium Financial LP increased its holdings in shares of CocaCola by 1.2% in the 3rd quarter. Apexium Financial LP now owns 12,154 shares of the company's stock worth $810,000 after buying an additional 142 shares during the last quarter. Stockman Wealth Management Inc. increased its holdings in shares of CocaCola by 1.7% in the 4th quarter. Stockman Wealth Management Inc. now owns 8,901 shares of the company's stock worth $622,000 after buying an additional 147 shares during the last quarter. 1ST Source Bank increased its holdings in shares of CocaCola by 0.7% in the 4th quarter. 1ST Source Bank now owns 19,766 shares of the company's stock worth $1,382,000 after buying an additional 147 shares during the last quarter. Finally, Prosperity Financial Group Inc. increased its holdings in shares of CocaCola by 3.9% in the 3rd quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company's stock worth $262,000 after buying an additional 148 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

CocaCola Trading Up 3.7%

NYSE:KO opened at $79.63 on Friday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.66. The stock has a market cap of $342.59 billion, a price-to-earnings ratio of 25.04, a P/E/G ratio of 3.07 and a beta of 0.35. The company has a 50-day moving average price of $78.09 and a 200-day moving average price of $75.32. 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 issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.05. The company had revenue of $12.47 billion during the quarter, compared to analysts' expectations 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 last year, the company posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities analysts predict that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The company 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 dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola's dividend payout ratio (DPR) is currently 66.67%.

Insider Buying and Selling at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of the business's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 200,000 shares of the business's stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $78.90, for a total transaction of $15,780,000.00. Following the sale, the chairman owned 78,155 shares of the company's stock, valued at $6,166,429.50. This trade represents a 71.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 255,505 shares of company stock worth $20,187,007. 0.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KO. JPMorgan Chase & Co. increased their price target on shares of CocaCola from $83.00 to $85.00 and gave the stock an "overweight" rating in a report on Wednesday, April 29th. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft increased their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a "buy" rating in a report on Monday, March 30th. Truist Financial set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Finally, Evercore reissued an "outperform" rating and issued 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 has a consensus rating of "Buy" and a consensus price target of $86.80.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Investors are rotating into defensive, dividend-paying stocks like Coca-Cola as market volatility increases, which is supporting demand for KO shares. Article Title
• Positive Sentiment: Coca-Cola’s updated 2026 framework calls for 8%–9% comparable EPS growth and about $12.2 billion in free cash flow, reinforcing confidence in earnings and cash generation. Article Title
• Positive Sentiment: Recent analyst upgrades and higher price targets from firms including Barclays, JPMorgan, Wells Fargo, and Citi are helping support the shares. Article Title

About CocaCola

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.

Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.