Evolve Private Wealth LLC Purchases New Stake in CocaCola Company (The) $KO

Key Points

• Evolve Private Wealth LLC bought a new stake in Coca-Cola during the fourth quarter, purchasing 97,820 shares worth about $6.84 million.
• Coca-Cola reported better-than-expected quarterly results, with EPS of $0.86 versus $0.81 expected and revenue of $12.47 billion, while also raising FY2026 EPS guidance to 3.240-3.270.
• The company announced a quarterly dividend of $0.53 per share, equal to an annualized yield of about 2.7%, and analysts remain broadly positive with a Moderate Buy rating and average target price of $86.69.

Evolve Private Wealth LLC purchased a new stake in CocaCola Company (The) (NYSE:KO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 97,820 shares of the company's stock, valued at approximately $6,839,000.

Several other hedge funds have also added to or reduced their stakes in KO. Anfield Capital Management LLC boosted its holdings in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock valued at $25,000 after acquiring an additional 294 shares during the last quarter. Headlands Technologies LLC acquired a new position in CocaCola in the second quarter valued at about $26,000. Evolution Wealth Management Inc. lifted its stake in CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock valued at $27,000 after buying an additional 357 shares during the period. Daytona Street Capital LLC acquired a new position in CocaCola in the fourth quarter valued at about $29,000. Finally, Redmont Wealth Advisors LLC acquired a new position in CocaCola in the third quarter valued at about $30,000. Institutional investors own 70.26% of the company's stock.

CocaCola Trading Down 0.5%

NYSE KO opened at $79.87 on Thursday. The firm has a market cap of $343.62 billion, a P/E ratio of 25.11, a P/E/G ratio of 3.21 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The stock's 50-day moving average is $78.91 and its 200-day moving average is $75.86. CocaCola Company has a one year low of $65.35 and a one year high of $84.04.

CocaCola (NYSE:KO - Get Free Report) last released its quarterly earnings results 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%.CocaCola's revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Sell-side analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola's dividend payout ratio (DPR) is currently 66.67%.

Analyst Ratings Changes

Several equities analysts have weighed in on KO shares. Wells Fargo & Company increased their target price on CocaCola from $87.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, May 18th. Barclays increased their target price on CocaCola from $85.00 to $89.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. Morgan Stanley set a $89.00 target price on CocaCola in a research note on Wednesday, June 10th. Citigroup increased their target price on CocaCola from $90.00 to $91.00 and gave the company a "buy" rating in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. increased their target price on CocaCola from $83.00 to $85.00 and gave the company an "overweight" rating in a research note on Wednesday, April 29th. Fifteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $86.69.

Insider Activity at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares of the company's stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 23,984 shares of CocaCola stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the sale, the executive vice president directly owned 157,400 shares in the company, valued at approximately $13,128,734. This represents a 13.22% 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. In the last quarter, insiders have sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is owned by insiders.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: KO is being highlighted as a blue-chip and defensive stock to own in a choppy market, with multiple articles noting its stability, brand strength, and income appeal. Dow Achieves a New Milestone: 4 Blue-Chip Stocks to Buy
• Positive Sentiment: Several bullish pieces say Coca-Cola still has long-term growth catalysts that may not be fully reflected in the stock, including emerging-market expansion, pricing power, and margin improvement efforts. Coca-Cola: The Future Growth Catalysts Not Being Priced In
• Positive Sentiment: KO is also being pitched as a dividend king and a stock that can keep rewarding patient investors, reinforcing its appeal to income-focused buyers. 3 Dividend Kings With Income, Stability, and a Possible Catalyst
• Neutral Sentiment: Some coverage says Coca-Cola remains a trending stock and a widely watched name, but these articles are mostly attention generators rather than new fundamental catalysts. CocaCola Company (The) (KO) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Another article frames KO as a candidate for long-term compounding alongside other iconic brands, but it does not introduce a specific new business or financial development. 3 Stocks That Have Made Long-Term Investors Rich (and Could Do It Again)
• Negative Sentiment: One recent bearish view argues Coca-Cola’s valuation has become stretched, with forward earnings multiples in the mid-20s and a lower dividend yield reducing the stock’s relative attractiveness. Coca-Cola's Dividend Is Strong But The Valuation Is Difficult To Get Bullish On

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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