Rollins Financial Advisors LLC Raises Holdings in CocaCola Company (The) $KO

Rollins Financial Advisors LLC grew its position in shares of CocaCola Company (The) (NYSE:KO) by 161.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,448 shares of the company’s stock after buying an additional 8,311 shares during the quarter. Rollins Financial Advisors LLC’s holdings in CocaCola were worth $940,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Anfield Capital Management LLC grew its holdings in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after purchasing an additional 294 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of CocaCola during the second quarter worth about $26,000. Cloud Capital Management LLC purchased a new position in shares of CocaCola during the third quarter worth about $27,000. Daytona Street Capital LLC purchased a new position in shares of CocaCola during the fourth quarter worth about $29,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of CocaCola during the third quarter worth about $30,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Evercore reaffirmed an “outperform” rating and set a $85.00 price objective on shares of CocaCola in a report on Wednesday, February 11th. UBS Group increased their target price on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft increased their target price on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. Finally, JPMorgan Chase & Co. increased their target price 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. Fifteen equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, CocaCola currently has an average rating of “Buy” and a consensus price target of $86.27.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is being viewed as a potential beneficiary of growing demand in energy and functional beverages, with investors focusing on its innovation efforts and Monster partnership as possible growth catalysts. Coca-Cola’s Energy Drink Expansion: Growth Catalyst Ahead?
• Positive Sentiment: The company’s recent earnings beat, solid revenue growth, and steady dividend outlook continue to support the stock’s defensive appeal, especially as investors favor consumer staples in uncertain markets.
• Neutral Sentiment: Analysts remain broadly constructive, with several recent price-target increases and a consensus Buy rating, which helps reinforce confidence in Coca-Cola’s longer-term outlook.
• Negative Sentiment: Concerns emerged over a Diet Coke shortage in parts of India, where aluminum can supply disruptions are limiting availability and highlighting geopolitical and supply-chain risk for Coca-Cola’s global operations. There’s a Diet Coke shortage in India. What’s going on?
• Negative Sentiment: Chairman James Quincey sold 200,000 shares in a recent insider transaction, which can weigh on sentiment even though insider sales do not necessarily signal a change in business fundamentals. CocaCola (NYSE:KO) Chairman Sells $15,780,000.00 in Stock

Insider Buying and Selling at CocaCola

In other news, EVP Monica Howard Douglas sold 23,880 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the transaction, 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 755,101 shares of company stock worth $59,988,566. 0.90% of the stock is currently owned by company insiders.

CocaCola Price Performance

Shares of KO opened at $80.07 on Wednesday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $82.00. The company has a market capitalization of $344.50 billion, a price-to-earnings ratio of 25.18, a price-to-earnings-growth ratio of 3.14 and a beta of 0.35. The firm has a 50-day simple moving average of $76.92 and a 200-day simple moving average of $74.03. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping 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 quarter in the prior year, the firm earned $0.73 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities research analysts anticipate 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. Stockholders of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio 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.