Summit Wealth Partners LLC Purchases 11,605 Shares of CocaCola Company (The) $KO

Summit Wealth Partners LLC boosted its position in CocaCola Company (The) (NYSE:KO) by 322.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 15,207 shares of the company’s stock after purchasing an additional 11,605 shares during the period. Summit Wealth Partners LLC’s holdings in CocaCola were worth $1,157,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LMG Wealth Partners LLC raised its stake in CocaCola by 3.9% in the first quarter. LMG Wealth Partners LLC now owns 31,667 shares of the company’s stock valued at $2,408,000 after buying an additional 1,184 shares during the period. Clear Trail Advisors LLC increased its holdings in shares of CocaCola by 0.6% during the 1st quarter. Clear Trail Advisors LLC now owns 42,422 shares of the company’s stock worth $3,226,000 after acquiring an additional 268 shares during the last quarter. Harbour Wealth Management Group Inc. acquired a new position in shares of CocaCola in the first quarter valued at $752,000. Rainier Family Wealth Inc. boosted its holdings in shares of CocaCola by 7.2% during the 1st quarter. Rainier Family Wealth Inc. now owns 3,117 shares of the company’s stock worth $237,000 after buying an additional 208 shares during the period. Finally, Birch Financial Group LLC grew its stake in CocaCola by 13.8% in the 1st quarter. Birch Financial Group LLC now owns 8,021 shares of the company’s stock valued at $610,000 after buying an additional 975 shares during the last quarter. Institutional investors own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on KO shares. Citigroup raised their price objective on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research report on Monday, May 18th. Morgan Stanley set a $89.00 target price on CocaCola in a research note on Wednesday, June 10th. Barclays boosted their price target on CocaCola from $85.00 to $89.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. UBS Group increased their price objective on CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a report on Monday, March 30th. Fifteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, CocaCola presently has a consensus rating of “Moderate Buy” and an average price target of $86.69.

CocaCola Stock Performance

NYSE KO opened at $79.66 on Tuesday. The firm’s 50 day simple moving average is $79.06 and its 200 day simple moving average is $76.02. The firm has a market capitalization of $342.72 billion, a price-to-earnings ratio of 25.05, 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. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $84.04.

CocaCola (NYSE:KO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $12.24 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The company’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. As a group, research analysts expect that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. CocaCola’s payout ratio is 66.67%.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts continue to highlight Coca-Cola’s low-beta, defensive profile as attractive in a steady-rate environment, which can support demand for the stock among income and safety-focused investors.
• Positive Sentiment: Recent commentary suggests KO’s 2026 growth is being driven by a healthier mix of pricing power, volume gains, affordability initiatives, and innovation, reinforcing the company’s earnings resilience.
• Neutral Sentiment: Market coverage also emphasized Coca-Cola’s long record of dividend growth and its broad global footprint, underscoring the stock’s appeal as a stable blue-chip holding.
• Negative Sentiment: The biggest headline risk is the IRS transfer-pricing case, now in federal appeals court, which could leave Coca-Cola on the hook for up to $20 billion in additional taxes and interest if it loses. Article Title

Insider Transactions at CocaCola

In other CocaCola news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman owned 122,833 shares in the company, valued at $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the transaction, the executive vice president directly owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. The trade was a 35.54% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 899,905 shares of company stock valued at $71,832,315. Corporate insiders own 0.90% of the company’s stock.

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.