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Why The Coca-Cola Company (KO) Is One of the Best Sugar Stocks to Buy According to Hedge Funds
Yahoo Finance· 2026-02-22 20:25
Core Insights - The Coca-Cola Company (NYSE:KO) is recognized as a strong investment option by hedge funds, particularly in the sugar stock category [1] - The company announced a 4% increase in its quarterly dividend, raising it from 51 cents to 53 cents per share, marking the 64th consecutive annual dividend increase [1] - The total dividends returned to shareholders in 2025 amounted to $8.8 billion, contributing to a cumulative total of $101.9 billion since January 1, 2010 [2] Dividend Information - The first quarter dividend is set to be paid on April 1 to shareholders of record as of March 13 [2] - The annual dividend per share will increase to $2.12 from $2.04 in 2025 [1] Analyst Ratings - Barclays reiterated a Buy rating for Coca-Cola on February 18, with a price target increase from $77 to $83 [3] - UBS also raised its price target for Coca-Cola from $82 to $87 on February 11, maintaining a Buy rating [3] - Analysts noted that despite a complex quarter, the company's fundamental trajectory remains solid [3] Company Overview - The Coca-Cola Company manufactures and markets a variety of non-alcoholic beverages, including water, sports drinks, coffee, and tea brands such as Costa Coffee and Gold Peak Tea [4]