Edgestream Partners L.P. Makes New $1.14 Million Investment in CocaCola Company (The) $KO

Edgestream Partners L.P. bought a new position in shares of CocaCola Company (The) (NYSE:KO) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,045 shares of the company’s stock, valued at approximately $1,144,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock valued at $26,200,276,000 after buying an additional 5,886,352 shares in the last quarter. State Street Corp grew its stake in CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after buying an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of CocaCola by 0.5% during the fourth quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock worth $6,273,037,000 after purchasing an additional 433,547 shares during the period. Norges Bank bought a new position in CocaCola during the 4th quarter worth $3,865,807,000. Finally, Franklin Resources Inc. increased its position in CocaCola by 3.1% during the fourth quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock worth $2,816,697,000 after acquiring an additional 1,195,581 shares during the period. 70.26% of the stock is currently owned by institutional investors.

CocaCola Stock Performance

Shares of KO stock opened at $86.84 on Tuesday. CocaCola Company has a one year low of $65.35 and a one year high of $90.92. The firm has a 50-day moving average of $82.15 and a 200-day moving average of $78.88. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The company has a market cap of $373.62 billion, a P/E ratio of 26.08, a P/E/G ratio of 3.06 and a beta of 0.33.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The company had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities research analysts forecast that CocaCola Company will post 3.29 EPS for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio is 63.66%.

Analyst Ratings Changes

Several brokerages have weighed in on KO. Jefferies Financial Group lifted their price objective on CocaCola from $95.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. HSBC lowered shares of CocaCola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings reissued a “buy (b+)” rating on shares of CocaCola in a research note on Friday. Evercore reissued an “outperform” rating and issued a $100.00 price objective on shares of CocaCola in a research note on Tuesday, July 28th. Finally, Bank of America upped their target price on CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a report on Friday, July 10th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, CocaCola currently has a consensus rating of “Moderate Buy” and an average target price of $95.76.

Insider Transactions at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of the business’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 directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the transaction, the chief financial officer directly owned 279,917 shares in the company, valued at $24,439,553.27. This trade represents a 35.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 1,655,202 shares of company stock worth $139,400,742. Company insiders own 0.90% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is being highlighted as a defensive consumer-staples investment as weakening consumer confidence and market volatility increase demand for stable, dividend-paying companies. 4 Consumer Staples Stocks to Play Safe Amid Sinking Consumer Confidence
• Positive Sentiment: Recent coverage points to Coca-Cola’s strong second-quarter results and long record of dividend growth as reasons investors may rotate toward KO and other defensive names away from technology and artificial-intelligence trades. 2 Consumer Staples Stocks Giving Investors a Break From the AI Trade
• Positive Sentiment: The company’s latest quarter exceeded expectations, with earnings of $0.97 per share versus a $0.93 consensus and revenue of $13.37 billion versus $13.17 billion. Revenue increased 6.2% year over year, reinforcing the company’s earnings momentum. Coca-Cola’s dividend also remains strategically important to Berkshire Hathaway, which is expected to receive roughly $848 million in dividends this year. Prediction: Greg Abel Will Continue Holding This Berkshire Hathaway Stock
• Neutral Sentiment: CFO John Murphy sold 152,483 shares, reducing his holdings by about 35%, but the filing said the transaction covered tax-withholding obligations tied to vested equity awards. This makes the sale less concerning than a discretionary disposal, although it can still affect short-term sentiment. SEC Form 4 Filing
• Negative Sentiment: Analysts are focusing on Coca-Cola absorbing near-term margin pressure as it expands in China, creating a potential offset to otherwise steady beverage demand and solid sales growth. Coca-Cola Absorbs Margin Hit for Expansion in Key Market
• Negative Sentiment: Separate reports of Coca-Cola’s chairman selling sizable blocks of stock add to insider-selling concerns, even as the broader earnings and dividend outlook remains favorable. Coca-Cola Chairman Sells Stock

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.