CocaCola Company (The) $KO Shares Acquired by Bollard Group LLC

Key Points

• Bollard Group LLC increased its stake in Coca‑Cola by 4.8% in Q3, buying 13,168 shares to hold 289,249 shares worth about $19.18 million (0.5% of Bollard's portfolio and its 29th largest position).
• Company insiders have been net sellers recently — EVP Nancy Quan and EVP Monica Howard Douglas each sold ~23.5K shares in March, and insiders sold a total of 892,925 shares valued at ~$70.25 million over the last three months.
• Coca‑Cola raised its quarterly dividend to $0.53 (annualized $2.12, yield 2.7%, ex-dividend March 13), while analysts maintain a consensus "Buy" rating with an average target price of $84.40.

Bollard Group LLC boosted its stake in CocaCola Company (The) (NYSE:KO - Free Report) by 4.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 289,249 shares of the company's stock after purchasing an additional 13,168 shares during the quarter. CocaCola comprises 0.5% of Bollard Group LLC's portfolio, making the stock its 29th largest position. Bollard Group LLC's holdings in CocaCola were worth $19,183,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new position in shares of CocaCola in the 2nd quarter valued at $26,000. Marquette Asset Management LLC acquired a new stake in shares of CocaCola during the 3rd quarter worth $27,000. Cloud Capital Management LLC acquired a new stake in shares of CocaCola during the 3rd quarter worth $27,000. Redmont Wealth Advisors LLC purchased a new position in shares of CocaCola in the 3rd quarter worth $30,000. Finally, Wealth Watch Advisors INC purchased a new position in shares of CocaCola in the 3rd quarter worth $34,000. Institutional investors and hedge funds own 70.26% of the company's stock.

Insider Buying and Selling

In other news, EVP Nancy Quan sold 23,556 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.50, for a total transaction of $1,872,702.00. Following the sale, the executive vice president owned 223,330 shares in the company, valued at $17,754,735. This trade represents a 9.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of the business's stock in a transaction on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the transaction, the executive vice president directly owned 17,725 shares in the company, valued at approximately $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 892,925 shares of company stock valued at $70,254,796 over the last three months. Company insiders own 0.97% of the company's stock.

Wall Street Analysts Forecast Growth

KO has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on CocaCola from $79.00 to $83.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price objective on CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $83.00 target price on shares of CocaCola in a report on Thursday, January 29th. Citigroup increased their target price on shares of CocaCola from $85.00 to $87.00 and gave the stock a "buy" rating in a research report on Wednesday, February 11th. Finally, Truist Financial set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $84.40.

CocaCola Trading Down 0.4%

NYSE:KO opened at $77.34 on Friday. The business's 50-day moving average is $75.64 and its two-hundred day moving average is $71.39. The firm has a market capitalization of $332.60 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 3.24 and a beta of 0.35. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. 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 (NYSE:KO - Get Free Report) last issued its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The company 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 business earned $0.55 earnings per share. The company's revenue was up 2.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. Research analysts predict that CocaCola Company will post 2.96 earnings per share for the current fiscal year.

CocaCola Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a $0.53 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. This is a boost from CocaCola's previous quarterly dividend of $0.51. CocaCola's dividend payout ratio (DPR) is currently 67.11%.

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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