Sequoia Financial Advisors LLC Purchases 26,948 Shares of CocaCola Company (The) $KO

Key Points

• Sequoia Financial Advisors LLC added 26,948 shares, raising its Coca‑Cola stake 11.8% to 255,595 shares valued at about $17.87 million, and institutional investors now own roughly 70.26% of the company.
• Coca‑Cola beat Q1 estimates with $0.86 EPS versus $0.81 expected and revenue of $12.47 billion (up 11.4% YoY), and set FY2026 guidance of $3.240–$3.270 EPS (analysts’ consensus ~$3.26).
• The company announced a quarterly dividend of $0.53 per share (annualized $2.12, yield 2.7%, ex-dividend June 15), while insiders sold 555,101 shares last quarter, including CEO James Quincey’s sale of 250,688 shares.

Sequoia Financial Advisors LLC lifted its position in CocaCola Company (The) (NYSE:KO - Free Report) by 11.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 255,595 shares of the company's stock after buying an additional 26,948 shares during the period. Sequoia Financial Advisors LLC's holdings in CocaCola were worth $17,869,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock worth $26,200,276,000 after buying an additional 5,886,352 shares in the last quarter. State Street Corp lifted its stake in shares of CocaCola by 0.6% in the third quarter. State Street Corp now owns 165,858,003 shares of the company's stock worth $11,083,296,000 after buying an additional 923,278 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of CocaCola by 15.1% in the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company's stock worth $2,592,732,000 after buying an additional 5,135,198 shares in the last quarter. Legal & General Group Plc lifted its position in CocaCola by 2.8% during the third quarter. Legal & General Group Plc now owns 28,051,787 shares of the company's stock valued at $1,860,395,000 after purchasing an additional 770,235 shares during the period. Finally, Invesco Ltd. lifted its position in CocaCola by 5.5% during the third quarter. Invesco Ltd. now owns 26,721,843 shares of the company's stock valued at $1,772,193,000 after purchasing an additional 1,393,760 shares during the period. Institutional investors own 70.26% of the company's stock.

CocaCola Stock Down 0.9%

Shares of KO stock opened at $78.48 on Friday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The stock has a market cap of $337.67 billion, a P/E ratio of 24.68, a P/E/G ratio of 3.17 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The company has a 50 day simple moving average of $77.03 and a two-hundred day simple moving average of $73.84.

CocaCola (NYSE:KO - Get Free Report) last announced 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. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business had revenue of $12.47 billion during the quarter, compared to analysts' expectations of $12.24 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The firm's revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, research analysts expect that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The firm also recently announced 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 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola's dividend payout ratio is currently 66.67%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on KO. Morgan Stanley set a $88.00 price objective on shares of CocaCola in a research report on Wednesday, March 11th. Jefferies Financial Group increased their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research report on Monday, March 16th. Truist Financial set a $85.00 price objective on shares of CocaCola in a research report on Wednesday, February 11th. Wells Fargo & Company increased their price objective on shares of CocaCola from $79.00 to $87.00 and gave the company an "overweight" rating in a research report on Monday, February 9th. Finally, TD Cowen increased their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Fifteen investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, CocaCola currently has a consensus rating of "Buy" and a consensus price target of $86.27.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Monica Howard Douglas sold 23,880 shares of the company's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $77.37, for a total transaction 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO James Quincey sold 250,688 shares of the company's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the sale, the chief executive officer directly owned 278,155 shares of the company's stock, valued at approximately $22,013,186.70. This represents a 47.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 555,101 shares of company stock valued at $44,208,566 in the last quarter. 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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