Savant Capital LLC Raises Stock Position in Coca-Cola Europacific Partners PLC (NASDAQ:CCEP)

Savant Capital LLC grew its holdings in shares of Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,816 shares of the company’s stock after purchasing an additional 429 shares during the period. Savant Capital LLC’s holdings in Coca-Cola Europacific Partners were worth $524,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. World Investment Advisors LLC purchased a new stake in Coca-Cola Europacific Partners during the third quarter worth about $6,975,000. Transform Wealth LLC increased its stake in Coca-Cola Europacific Partners by 7.7% during the fourth quarter. Transform Wealth LLC now owns 138,691 shares of the company’s stock worth $10,653,000 after purchasing an additional 9,864 shares during the period. Geode Capital Management LLC increased its stake in Coca-Cola Europacific Partners by 2.9% during the third quarter. Geode Capital Management LLC now owns 2,048,176 shares of the company’s stock worth $160,138,000 after purchasing an additional 58,247 shares during the period. Quantbot Technologies LP increased its stake in Coca-Cola Europacific Partners by 617.2% during the third quarter. Quantbot Technologies LP now owns 44,660 shares of the company’s stock worth $3,517,000 after purchasing an additional 38,433 shares during the period. Finally, National Pension Service increased its stake in Coca-Cola Europacific Partners by 7.9% during the third quarter. National Pension Service now owns 449,656 shares of the company’s stock worth $35,410,000 after purchasing an additional 33,082 shares during the period. 31.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. UBS Group boosted their price target on shares of Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Barclays cut their target price on shares of Coca-Cola Europacific Partners from $86.00 to $83.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Sanford C. Bernstein began coverage on shares of Coca-Cola Europacific Partners in a research note on Tuesday, December 3rd. They set a “market perform” rating and a $82.00 target price on the stock. Evercore ISI upped their target price on shares of Coca-Cola Europacific Partners from $78.00 to $82.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Finally, JPMorgan Chase & Co. lowered shares of Coca-Cola Europacific Partners from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $85.00 to $82.00 in a research note on Wednesday, November 27th. Four equities 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’s stock. According to data from MarketBeat.com, Coca-Cola Europacific Partners currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.11.

Coca-Cola Europacific Partners Stock Up 2.6 %

Shares of CCEP opened at $84.90 on Monday. Coca-Cola Europacific Partners PLC has a 1-year low of $65.94 and a 1-year high of $85.61. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.85 and a quick ratio of 0.63. The firm has a fifty day moving average price of $77.54 and a 200 day moving average price of $77.70.

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.