Prudential PLC Purchases 22,483 Shares of CocaCola Company (The) $KO

Key Points

• Prudential PLC boosted its Coca-Cola stake by 67.5% in the fourth quarter, buying 22,483 additional shares and bringing its total holding to 55,780 shares worth about $3.9 million.
• Coca-Cola is drawing support from institutional buying and bullish analyst sentiment, with 70.26% of shares held by institutions and multiple firms recently raising price targets; the consensus rating remains Buy.
• The company reported a strong quarter, beating EPS and revenue estimates, and it also announced a quarterly dividend of $0.53 per share, implying a 2.7% annual yield.

Prudential PLC increased its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 67.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,780 shares of the company's stock after acquiring an additional 22,483 shares during the quarter. Prudential PLC's holdings in CocaCola were worth $3,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of KO. Brighton Jones LLC grew its position in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock worth $2,433,000 after acquiring an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC grew its position in CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock worth $548,000 after acquiring an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in CocaCola during the 1st quarter worth approximately $210,000. Jump Financial LLC grew its position in CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company's stock worth $2,800,000 after acquiring an additional 32,392 shares during the last quarter. Finally, Osterweis Capital Management Inc. grew its position in CocaCola by 548.2% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock worth $75,000 after acquiring an additional 899 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Investors are rotating into defensive, dividend-paying stocks like Coca-Cola as market volatility increases, which is supporting demand for KO shares. Article Title
• Positive Sentiment: Coca-Cola’s updated 2026 framework calls for 8%–9% comparable EPS growth and about $12.2 billion in free cash flow, reinforcing confidence in earnings and cash generation. Article Title
• Positive Sentiment: Recent analyst upgrades and higher price targets from firms including Barclays, JPMorgan, Wells Fargo, and Citi are helping support the shares. Article Title

Analyst Upgrades and Downgrades

KO has been the topic of a number of recent analyst reports. TD Cowen lifted their price objective on CocaCola from $85.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Evercore reiterated an "outperform" rating and issued a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Jefferies Financial Group lifted their price objective on CocaCola from $87.00 to $90.00 and gave the stock a "buy" rating in a research report on Monday, March 16th. Weiss Ratings upgraded CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research report on Monday, May 4th. Finally, Citigroup lifted their price objective on CocaCola from $90.00 to $91.00 and gave the stock a "buy" rating in a research report on Monday, May 18th. Fifteen investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $86.80.

Insider Activity

In other news, EVP Monica Howard Douglas sold 23,880 shares of the firm's stock in a transaction that occurred on 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 transaction, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. This trade represents a 57.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Nancy Quan sold 31,625 shares of the firm's stock in a transaction that occurred 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 owned 223,330 shares of the company's stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 255,505 shares of company stock worth $20,187,007 in the last quarter. 0.90% of the stock is owned by company insiders.

CocaCola Trading Up 3.7%

KO opened at $79.63 on Friday. The stock has a market cap of $342.59 billion, a PE ratio of 25.04, a PEG ratio of 3.18 and a beta of 0.35. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The business has a 50 day moving average of $78.09 and a 200-day moving average of $75.32. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $82.66.

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

CocaCola Announces Dividend

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

CocaCola 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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