Truepoint Inc. Purchases Shares of 7,082 CocaCola Company (The) $KO

Truepoint Inc. purchased a new stake in CocaCola Company (The) (NYSE:KO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 7,082 shares of the company’s stock, valued at approximately $495,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Dorsey & Whitney Trust CO LLC increased its stake in CocaCola by 0.6% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 42,019 shares of the company’s stock valued at $2,938,000 after buying an additional 241 shares during the last quarter. M Holdings Securities Inc. increased its stake in CocaCola by 188.2% in the 4th quarter. M Holdings Securities Inc. now owns 71,457 shares of the company’s stock valued at $4,996,000 after buying an additional 46,659 shares during the last quarter. Wellspring Financial Advisors LLC increased its stake in CocaCola by 25.2% in the 4th quarter. Wellspring Financial Advisors LLC now owns 15,236 shares of the company’s stock valued at $1,065,000 after buying an additional 3,066 shares during the last quarter. Zions Bancorporation National Association UT increased its stake in shares of CocaCola by 3.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 49,033 shares of the company’s stock worth $3,428,000 after purchasing an additional 1,614 shares during the last quarter. Finally, Illinois Municipal Retirement Fund increased its stake in shares of CocaCola by 5.0% during the 4th quarter. Illinois Municipal Retirement Fund now owns 364,573 shares of the company’s stock worth $25,487,000 after purchasing an additional 17,213 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Stock Up 2.8%

Shares of KO opened at $83.60 on Thursday. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $83.85. The firm has a market cap of $359.67 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 3.25 and a beta of 0.35. The firm’s 50-day simple moving average is $78.44 and its 200 day simple moving average is $75.57. 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 quarterly 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 for the quarter, compared to analyst estimates of $12.24 billion. During the same quarter in the prior year, the business earned $0.73 EPS. CocaCola’s quarterly 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, analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.5%. CocaCola’s dividend payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. UBS Group boosted their price objective 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. Citigroup boosted their price objective on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Barclays boosted their price objective on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective 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. Fifteen equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $86.87.

Insider Activity at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the transaction, the chairman owned 122,833 shares in the company, valued at approximately $9,842,608.29. This trade represents a 78.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 90 days, insiders have sold 875,921 shares of company stock worth $69,831,810. Insiders own 0.90% of the company’s stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts at Erste Group raised FY2026 EPS estimates for Coca-Cola to $3.27 from $3.26, reinforcing expectations for steady earnings growth.
• Positive Sentiment: Unusually heavy call-option buying suggests traders are positioning for additional upside in KO shares.
• Positive Sentiment: Recent coverage continues to emphasize Coca-Cola’s strong Q1 results, including an earnings beat, revenue beat, and healthy year-over-year growth, supporting the company’s defensive growth profile. Coca-Cola’s Q1 Results Prove It’s a Good Buy to Hold and Hold
• Positive Sentiment: The company’s dividend remains a draw for income investors, with Coca-Cola still viewed as a dependable long-term dividend stock.
• Neutral Sentiment: EVP Jennifer Mann sold 100,000 shares, but the sale was made under a pre-arranged 10b5-1 plan and was tied to tax withholding on vested equity awards, making it less concerning than discretionary insider selling.

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.