Income Insurance Ltd Invests $859,000 in CocaCola Company (The) $KO

Income Insurance Ltd purchased a new position in shares of CocaCola Company (The) (NYSE:KO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,284 shares of the company’s stock, valued at approximately $859,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in KO. Vanguard Group Inc. boosted its position in shares of CocaCola by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after purchasing an additional 5,886,352 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after purchasing an additional 5,135,198 shares in the last quarter. Danske Bank A S bought a new position in shares of CocaCola during the third quarter worth $226,443,000. PFA Pension Forsikringsaktieselskab bought a new position in shares of CocaCola during the fourth quarter worth $179,167,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new position in shares of CocaCola during the third quarter worth $161,130,000. 70.26% of the stock is owned by institutional investors.

CocaCola Trading Down 0.0%

Shares of NYSE:KO opened at $78.40 on Friday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The company’s fifty day simple moving average is $77.03 and its 200 day simple moving average is $73.84. The firm has a market cap of $337.32 billion, a price-to-earnings ratio of 24.65, a PEG ratio of 3.13 and a beta of 0.35.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping 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 period last year, the business posted $0.73 earnings per share. The firm’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. As a group, research analysts forecast that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola’s payout ratio is presently 66.67%.

Insider Transactions at CocaCola

In other CocaCola news, CFO John Murphy sold 72,449 shares of CocaCola stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $80.52, for a total value of $5,833,593.48. Following the sale, the chief financial officer directly owned 279,917 shares in the company, valued at approximately $22,538,916.84. The trade was a 20.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the sale, the chief executive officer owned 278,155 shares in the company, valued at $22,013,186.70. The trade was a 47.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 555,101 shares of company stock worth $44,208,566. 0.90% of the stock is owned by insiders.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $3.26, matching the Street consensus and reinforcing confidence in Coca-Cola’s near-term earnings outlook.
• Positive Sentiment: Zacks Research also increased its Q3 2026 and Q3 2027 EPS estimates, and Erste Group Bank lifted its FY2026 and FY2027 forecasts, indicating continued analyst optimism about the company’s operating performance.
• Neutral Sentiment: Some longer-dated estimates were trimmed slightly, including Q4 2026, Q2 2027, and FY2028, but the cuts were small and do not materially change the overall earnings picture.

Wall Street Analyst Weigh In

KO has been the topic of a number of recent analyst reports. Jefferies Financial Group lifted their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. UBS Group raised their price objective on shares of CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a report on Monday, March 30th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Finally, Citigroup raised their price objective on shares of CocaCola from $87.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Fifteen equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $86.27.

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.