BKM Wealth Management LLC Sells 3,373 Shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

BKM Wealth Management LLC decreased its holdings in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 28.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,442 shares of the company’s stock after selling 3,373 shares during the quarter. BKM Wealth Management LLC’s holdings in Coca-Cola Europacific Partners were worth $665,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. increased its holdings in Coca-Cola Europacific Partners by 38.1% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 504 shares of the company’s stock worth $40,000 after purchasing an additional 139 shares in the last quarter. Signaturefd LLC boosted its position in Coca-Cola Europacific Partners by 2.6% during the 2nd quarter. Signaturefd LLC now owns 5,735 shares of the company’s stock worth $418,000 after acquiring an additional 147 shares during the last quarter. Waverly Advisors LLC grew its stake in shares of Coca-Cola Europacific Partners by 1.0% during the 1st quarter. Waverly Advisors LLC now owns 14,856 shares of the company’s stock worth $1,039,000 after acquiring an additional 151 shares in the last quarter. CWM LLC lifted its position in shares of Coca-Cola Europacific Partners by 14.5% in the third quarter. CWM LLC now owns 1,318 shares of the company’s stock worth $104,000 after purchasing an additional 167 shares in the last quarter. Finally, Legacy Financial Advisors Inc. grew its position in Coca-Cola Europacific Partners by 3.8% in the second quarter. Legacy Financial Advisors Inc. now owns 4,605 shares of the company’s stock valued at $336,000 after purchasing an additional 168 shares in the last quarter. 31.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CCEP shares. Barclays decreased their price target on Coca-Cola Europacific Partners from $85.00 to $84.00 and set an “overweight” rating for the company in a research note on Friday, October 11th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Coca-Cola Europacific Partners from $78.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, September 9th. Citigroup upgraded shares of Coca-Cola Europacific Partners to a “strong-buy” rating in a research note on Thursday, October 3rd. Bank of America increased their price target on shares of Coca-Cola Europacific Partners from $80.00 to $82.00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Finally, BNP Paribas downgraded Coca-Cola Europacific Partners from an “outperform” rating to a “neutral” rating and set a $81.00 price target for the company. in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Coca-Cola Europacific Partners presently has an average rating of “Moderate Buy” and a consensus target price of $80.88.

Coca-Cola Europacific Partners Trading Up 0.1 %

Shares of Coca-Cola Europacific Partners stock opened at $77.98 on Friday. The firm’s 50 day moving average is $79.00 and its 200 day moving average is $74.94. The firm has a market capitalization of $35.62 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 3.54 and a beta of 0.90. Coca-Cola Europacific Partners PLC has a 1 year low of $57.48 and a 1 year high of $82.32. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 1.12.

Coca-Cola Europacific Partners Profile

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.