SG Americas Securities LLC Acquires 2,245,959 Shares of CocaCola Company (The) $KO

Key Points

• SG Americas Securities LLC boosted its stake in Coca‑Cola by 288.1%, buying 2,245,959 shares in Q4 to hold 3,025,595 shares worth about $211.5 million, while institutional investors own roughly 70.3% of the company.
• Coca‑Cola raised its quarterly dividend to $0.53 (from $0.51), payable April 1 with an ex‑dividend date of March 13, implying a $2.12 annual payout and a ~2.8% yield.
• Despite the institutional buying, insiders have been net sellers recently — CEO James Quincey sold 250,688 shares (about $19.8 million) and insiders disposed of 892,925 shares (~$70.3 million) over the past 90 days.

SG Americas Securities LLC boosted its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 288.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,025,595 shares of the company's stock after buying an additional 2,245,959 shares during the quarter. SG Americas Securities LLC owned approximately 0.07% of CocaCola worth $211,519,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KO. Apexium Financial LP lifted its holdings in shares of CocaCola by 1.2% in the third quarter. Apexium Financial LP now owns 12,154 shares of the company's stock worth $810,000 after acquiring an additional 142 shares during the last quarter. Prosperity Financial Group Inc. grew its holdings in shares of CocaCola by 3.9% during the 3rd quarter. Prosperity Financial Group Inc. now owns 3,957 shares of the company's stock valued at $262,000 after purchasing an additional 148 shares during the last quarter. Ashton Thomas Securities LLC grew its holdings in shares of CocaCola by 1.2% during the 3rd quarter. Ashton Thomas Securities LLC now owns 12,656 shares of the company's stock valued at $835,000 after purchasing an additional 149 shares during the last quarter. Diversified Enterprises LLC increased its position in CocaCola by 1.0% during the 3rd quarter. Diversified Enterprises LLC now owns 14,656 shares of the company's stock worth $972,000 after purchasing an additional 150 shares in the last quarter. Finally, Capital Management Associates Inc increased its position in CocaCola by 4.0% during the 3rd quarter. Capital Management Associates Inc now owns 3,915 shares of the company's stock worth $260,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

CocaCola Stock Up 0.5%

NYSE:KO opened at $75.12 on Tuesday. CocaCola Company has a one year low of $65.35 and a one year 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. The company has a market cap of $323.34 billion, a PE ratio of 24.71, a P/E/G ratio of 3.13 and a beta of 0.35. The firm's 50 day simple moving average is $76.50 and its 200 day simple moving average is $71.72.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $11.82 billion during the quarter, compared to analysts' expectations of $12.04 billion. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The company's revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 EPS. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, research analysts anticipate that CocaCola Company will post 2.96 earnings per share for the current year.

CocaCola Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be issued a $0.53 dividend. The ex-dividend date is Friday, March 13th. This is a positive change from CocaCola's previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a yield of 2.8%. CocaCola's dividend payout ratio (DPR) is currently 69.74%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on KO. UBS Group raised their target price on shares of CocaCola from $82.00 to $87.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Truist Financial set a $85.00 price target on shares of CocaCola in a report on Wednesday, February 11th. Royal Bank Of Canada set a $87.00 price target on CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $83.00 price objective on shares of CocaCola in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. boosted their price objective on CocaCola from $79.00 to $83.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company's stock. Based on data from MarketBeat, CocaCola presently has an average rating of "Buy" and an average target price of $84.60.

Insiders Place Their Bets

In related news, CEO James Quincey sold 250,688 shares of the firm's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the transaction, the chief executive officer directly owned 278,155 shares of the company's stock, valued at $22,013,186.70. This trade represents a 47.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of CocaCola stock in a transaction dated 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 transaction, the executive vice president directly owned 17,725 shares in the company, valued at $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 sold a total of 892,925 shares of company stock valued at $70,254,796 over the last ninety days. 0.90% of the stock is currently owned by corporate insiders.

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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