Fideuram Asset Management Ireland dac Takes Position in CocaCola Company (The) $KO

Key Points

• Fideuram Asset Management Ireland dac opened a new position in Coca-Cola during the fourth quarter, buying 83,573 shares valued at about $5.85 million.
• Institutional interest in KO remains strong, with large holders such as Vanguard and Franklin Resources increasing stakes; overall, institutions own 70.26% of the stock.
• Analysts remain broadly positive, with multiple firms raising price targets and KO carrying an average “Buy” rating and consensus target of $86.80, while the company also reported solid quarterly earnings and declared a $0.53 dividend.

Fideuram Asset Management Ireland dac bought a new stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 83,573 shares of the company's stock, valued at approximately $5,848,000.

A number of other hedge funds have also recently modified their holdings of KO. Vanguard Group Inc. boosted its holdings in shares of CocaCola by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock valued at $26,200,276,000 after buying an additional 5,886,352 shares in the last quarter. Franklin Resources Inc. boosted its holdings 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 buying an additional 5,135,198 shares in the last quarter. Danske Bank A S bought a new stake in shares of CocaCola during the 3rd quarter valued at $226,443,000. PFA Pension Forsikringsaktieselskab bought a new stake in shares of CocaCola during the 4th quarter valued at $179,167,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of CocaCola during the 3rd quarter valued at $161,130,000. Institutional investors own 70.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price target on shares of CocaCola from $83.00 to $85.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 29th. Morgan Stanley set a $88.00 price target on shares of CocaCola in a research note on Wednesday, March 11th. Weiss Ratings upgraded shares of CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research note on Monday, May 4th. Citigroup upped their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a "buy" rating in a research note on Monday, May 18th. Finally, Evercore reiterated an "outperform" rating and issued a $85.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $86.80.

Insider Buying and Selling at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of the firm's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, the executive vice president directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 firm's stock in a transaction 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 completion of the transaction, the chairman directly owned 78,155 shares of the company's stock, valued at approximately $6,166,429.50. This trade represents a 71.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 630,963 shares of company stock worth $50,016,979. Insiders own 0.90% of the company's stock.

CocaCola Trading Down 1.4%

Shares of KO stock opened at $80.45 on Friday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $82.66. The firm has a fifty day moving average price of $77.69 and a 200-day moving average price of $75.03. 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 company has a market cap of $346.13 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 3.26 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm's quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts predict that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola's dividend payout ratio (DPR) is 66.67%.

CocaCola Company Profile

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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