Peninsula Asset Management Inc. Invests $840,000 in CocaCola Company (The) $KO

Peninsula Asset Management Inc. acquired a new position in CocaCola Company (The) (NYSE:KO) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 11,042 shares of the company’s stock, valued at approximately $840,000.

Other institutional investors have also recently bought and sold shares of the company. Anfield Capital Management LLC boosted its stake in shares of CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares during the period. Louisbourg Investments Inc. purchased a new position in shares of CocaCola during the 1st quarter valued at $25,000. Headlands Technologies LLC acquired a new position in shares of CocaCola in the second quarter worth $26,000. Evolution Wealth Management Inc. increased its stake in shares of CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after acquiring an additional 357 shares during the last quarter. Finally, Daytona Street Capital LLC purchased a new stake in shares of CocaCola during the fourth quarter worth $29,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola advanced a 75% Africa bottler deal after South African approval, a step that could strengthen its distribution footprint and long-term growth prospects in an important emerging market. Coca-Cola (KO) Advances 75% Africa Bottler Deal After South African Approval Backing
• Positive Sentiment: Several recent articles highlight bullish views on Coca-Cola as a durable, high-quality dividend stock, emphasizing its 64-year dividend growth streak, strong brand, and steady demand profile that can appeal to investors in uncertain markets. Here’s What I Think Is Going On With Coca-Cola Stock
• Positive Sentiment: Market commentary also notes Coca-Cola’s broad investor following and “most watched” status, which suggests continued interest from both retail and institutional investors. Is Most-Watched Stock CocaCola Company (The) (KO) Worth Betting on Now?
• Neutral Sentiment: Additional articles frame KO as a classic defensive, income-oriented holding and compare its valuation and dividend appeal against other stocks, but these pieces are largely informational rather than new fundamental catalysts. Here Are the Coca-Cola Shares You’d Need to Generate $12,000 in Annual Dividend Income
• Negative Sentiment: Despite the positive commentary, KO still trades at a relatively elevated valuation, with forward and trailing P/E ratios in the mid-20s, which may limit near-term upside if growth does not accelerate further. Is The Coca-Cola Company (KO) A Good Stock To Buy Now?

Insiders Place Their Bets

In other news, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president directly owned 181,384 shares in the company, valued at $14,412,772.64. The trade was a 35.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This represents a 12.40% 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. Insiders have sold a total of 899,905 shares of company stock valued at $71,832,315 in the last three months. Company insiders own 0.90% of the company’s stock.

CocaCola Trading Down 0.8%

Shares of NYSE:KO opened at $82.38 on Thursday. The company has a market cap of $354.45 billion, a P/E ratio of 25.91, a P/E/G ratio of 3.32 and a beta of 0.34. The stock’s 50-day moving average is $81.06 and its 200-day moving average is $77.50. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $85.68. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same quarter in the previous year, the firm earned $0.73 EPS. The firm’s revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is currently 66.67%.

Analyst Ratings Changes

A number of analysts recently issued reports on KO shares. Piper Sandler reissued an “overweight” rating on shares of CocaCola in a research report on Friday, June 26th. Weiss Ratings raised CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Barclays raised their price target on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. lifted their price target on CocaCola from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, July 10th. Finally, Bank of America boosted their price target on CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Fifteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $88.44.

About CocaCola

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.