CocaCola Company (The) $KO Holdings Decreased by Arizona State Retirement System

Arizona State Retirement System lessened its stake in CocaCola Company (The) (NYSE:KO - Free Report) by 2.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,166,603 shares of the company's stock after selling 28,087 shares during the period. Arizona State Retirement System's holdings in CocaCola were worth $81,557,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Franklin Resources Inc. increased its position in shares of CocaCola by 15.1% during the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company's stock valued at $2,592,732,000 after purchasing an additional 5,135,198 shares during the period. Danske Bank A S acquired a new stake in shares of CocaCola in the third quarter valued at $226,443,000. Danica Pension Livsforsikringsaktieselskab bought a new position in CocaCola during the third quarter valued at about $161,130,000. SG Americas Securities LLC boosted its stake in CocaCola by 288.1% during the fourth quarter. SG Americas Securities LLC now owns 3,025,595 shares of the company's stock valued at $211,519,000 after buying an additional 2,245,959 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in CocaCola by 9.9% during the third quarter. Ameriprise Financial Inc. now owns 18,902,256 shares of the company's stock worth $1,253,992,000 after acquiring an additional 1,709,860 shares during the period. Institutional investors and hedge funds own 70.26% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. 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 report on Monday, March 30th. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Weiss Ratings reissued a "buy (b-)" rating on shares of CocaCola in a research note on Thursday, January 22nd. Finally, TD Cowen restated a "buy" rating on shares of CocaCola in a report on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $85.00.

CocaCola Stock Performance

Shares of KO opened at $76.31 on Friday. The company has a 50-day moving average of $77.27 and a two-hundred day moving average of $73.13. The stock has a market cap of $328.44 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 3.15 and a beta of 0.36. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. CocaCola Company has a one year low of $65.35 and a one year 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, beating the consensus estimate of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The business had revenue of $11.82 billion during the quarter, compared to the consensus estimate of $12.04 billion. During the same quarter in the prior year, the firm earned $0.55 EPS. The firm's quarterly revenue was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, equities research analysts expect that CocaCola Company will post 3.23 earnings per share for the current year.

CocaCola Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were given 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 payout ratio is presently 69.74%.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Profiles Coca‑Cola as a dependable dividend payer, reinforcing demand from income investors amid market volatility. These 5 Stocks Pay You Even When You're Sleeping
• Positive Sentiment: Notes Coca‑Cola’s steady organic growth through 2025 and accelerating performance of its Zero Sugar lineup — a product trend investors can point to for growth potential. Got 5,000? Coca‑Cola vs. PepsiCo – One Has Quietly Outperformed for a Decade
• Positive Sentiment: Company-branded experiential marketing in Canada ("Canada House by Coca‑Cola") aims to drive seasonal engagement and local sales during summer events — a modest near‑term catalyst for regional revenue. Shark Club Vancouver Launches ‘Canada House by Coca‑Cola'
• Positive Sentiment: Articles highlighting decade‑long dividend income from KO reinforce the stock’s appeal to long‑term income investors, supporting valuation resilience. Here's How Much Dividend Income You'd Have Collected If You'd Bought 100 Shares of Coca‑Cola 10 Years Ago
• Positive Sentiment: Aggregate analyst coverage remains constructive—KO has an average "Buy" recommendation which can support investor confidence. CocaCola Company The) (NYSE: KO Receives Average Recommendation of "Buy" from Analysts
• Neutral Sentiment: Analysts and research pieces are digging beyond EPS/revenue into unit volumes, concentrate sales and pricing trends ahead of Q1 — these operational metrics will drive short‑term moves more than headline EPS. Exploring Analyst Estimates for Coca‑Cola (KO) Q1 Earnings, Beyond Revenue and EPS
• Neutral Sentiment: Pre‑earnings commentary (UBS and others) expects resilience in Q1 — consensus EPS estimates are a watch item, but meeting them may only confirm the status quo. Coca‑Cola Q1 earnings set to show resilience amid uncertain backdrop
• Neutral Sentiment: Comparative pieces on KO vs. Monster (MNST) highlight differences in growth profiles and risk exposure; useful context for portfolio positioning but not an immediate stock driver. Coca‑Cola vs. Monster Beverage: Which Stock Is the Better Investment?
• Neutral Sentiment: One article in the feed tagged KO appears to be about Apple leadership changes and is irrelevant to Coca‑Cola fundamentals. Ternus the Page: Apple's Engineering Prodigy Takes the Reins
• Negative Sentiment: Recent intraday weakness was reported on 4/21, underscoring short‑term volatility and the potential for profit‑taking ahead of Q1 results. Coca‑Cola (KO) Falls More Steeply Than Broader Market

Insider Activity

In related news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the sale, the executive vice president directly owned 17,725 shares of the company's stock, valued at approximately $1,371,383.25. This represents a 57.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO James Quincey sold 337,824 shares of CocaCola stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total value of $26,046,230.40. Following the transaction, the chief executive officer directly owned 342,546 shares in the company, valued at approximately $26,410,296.60. This trade represents a 49.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 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.

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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