Bollard Group LLC Sells 61,533 Shares of CocaCola Company (The) $KO

Key Points

• Bollard Group LLC reduced its Coca-Cola stake by 21.3% in the fourth quarter, selling 61,533 shares and leaving it with 227,716 shares valued at about $15.9 million.
• Coca-Cola posted stronger-than-expected quarterly results, with EPS of $0.86 and revenue of $12.47 billion, both above analyst estimates and up 11.4% year over year.
• The company continues to support investors with a quarterly dividend of $0.53 per share, while Wall Street remains broadly positive with a consensus Moderate Buy rating and average price target of $86.69.

Bollard Group LLC cut its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 21.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 227,716 shares of the company's stock after selling 61,533 shares during the period. Bollard Group LLC's holdings in CocaCola were worth $15,920,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Anfield Capital Management LLC increased its position in shares of CocaCola by 438.8% during 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 period. Headlands Technologies LLC bought a new stake in shares of CocaCola during the second quarter valued at approximately $26,000. Evolution Wealth Management Inc. boosted its stake in CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock valued at $27,000 after buying an additional 357 shares in the last quarter. Daytona Street Capital LLC acquired a new stake in CocaCola in the 4th quarter valued at $29,000. Finally, Ankerstar Wealth LLC acquired a new stake in CocaCola in the 4th quarter valued at $30,000. 70.26% of the stock is currently owned by institutional investors.

CocaCola Price Performance

CocaCola stock opened at $82.63 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The firm has a market cap of $355.51 billion, a P/E ratio of 25.98, a P/E/G ratio of 3.30 and a beta of 0.35. The business's fifty day moving average is $78.70 and its two-hundred day moving average is $75.68. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $84.04.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates 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%.The business's revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts forecast that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

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

Insider Activity

In other news, EVP Jennifer K. Mann sold 100,000 shares of the company's stock in a transaction on Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the transaction, the executive vice president owned 207,400 shares of the company's stock, valued at $16,480,004. This represents a 32.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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. Also, Chairman James Quincey sold 436,296 shares of the company's stock in a transaction on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 899,905 shares of company stock valued at $71,832,315 over the last 90 days. 0.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on KO. UBS Group boosted their price target on CocaCola from $90.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Weiss Ratings raised CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research note on Monday, May 4th. TD Cowen boosted their price target on 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. boosted their price target on CocaCola from $83.00 to $85.00 and gave the company an "overweight" rating in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group boosted their price target on CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research note on Monday, March 16th. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $86.69.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: RBC Capital reiterated its buy view on Coca-Cola, reinforcing Wall Street’s generally favorable stance on KO and supporting the stock’s recent strength.
• Positive Sentiment: Several reports highlighted Coca-Cola as a potential beneficiary of the 2026 FIFA World Cup, with expectations that beverage volume and consumer spending could rise during the tournament.
• Positive Sentiment: Market commentary also pointed to strong Q1 results, including an earnings and revenue beat, solid organic growth, and volume gains, which continue to underpin the bullish investment case. Coca-Cola’s Q1 Results Prove It's a Good Buy to Hold and Hold
• Positive Sentiment: Investor interest remains supported by Coca-Cola’s reliable dividend and defensive profile, which continue to attract income-focused buyers.
• Neutral Sentiment: EVP Jennifer K. Mann disclosed a stock sale, but it was conducted under a pre-arranged 10b5-1 plan and tied to equity-award tax withholding, making it less of a concern than discretionary insider selling.

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.

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