CocaCola Company (The) $KO Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC boosted its position in shares of CocaCola Company (The) (NYSE:KO) by 2.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 999,207 shares of the company’s stock after buying an additional 27,233 shares during the quarter. Calamos Advisors LLC’s holdings in CocaCola were worth $75,990,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Norges Bank acquired a new position in shares of CocaCola in the fourth quarter worth about $3,865,807,000. Cardano Risk Management B.V. boosted its position in CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock valued at $1,008,954,000 after purchasing an additional 12,939,959 shares during the last quarter. Marshall Wace LLP increased its holdings in CocaCola by 1,206.9% in the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after buying an additional 9,826,768 shares during the last quarter. Bank of America Corp DE raised its holdings in CocaCola by 29.2% during the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after buying an additional 9,078,447 shares in the last quarter. Finally, Capital World Investors lifted its stake in shares of CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock worth $879,015,000 after buying an additional 6,246,627 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

CocaCola Trading Up 0.9%

Shares of NYSE:KO opened at $84.25 on Tuesday. 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 firm has a market cap of $362.46 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 3.34 and a beta of 0.34. The company’s fifty day simple moving average is $80.90 and its 200 day simple moving average is $77.32. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $85.68.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion during the quarter, compared to the consensus estimate of $12.24 billion. During the same quarter in the prior year, the firm posted $0.73 EPS. The business’s 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s payout ratio is 66.67%.

Insider Transactions at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total value of $2,000,505.44. Following the transaction, the executive vice president directly owned 157,400 shares of the company’s stock, valued at $13,128,734. This represents a 13.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction 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 sale, the executive vice president 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 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 sold a total of 899,905 shares of company stock worth $71,832,315 over the last quarter. Company insiders own 0.90% of the company’s stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola declared its 64th consecutive annual dividend increase, reinforcing its status as a Dividend King and appealing to income-focused investors. Article Title
• Positive Sentiment: Bank of America and Evercore ISI were both reported as bullish on KO, with Bank of America seeing about 15% upside and Evercore reiterating a buy rating, which can support investor confidence. Article Title
• Positive Sentiment: Analysts highlighted Coca-Cola as a low-beta defensive stock as geopolitical tensions and market volatility increase demand for stable, dividend-paying names. Article Title
• Positive Sentiment: Coverage on Coca-Cola’s digital push suggests the company is using data, personalization, and connected packaging to improve consumer engagement and repeat purchases, which could help long-term growth. Article Title
• Neutral Sentiment: Several comparison pieces versus PepsiCo, Johnson & Johnson, Keurig Dr Pepper, and Celsius kept KO in the spotlight as investors debate its valuation, yield, and defensive appeal, but these articles are mostly commentary rather than fresh company-specific catalysts.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Jefferies Financial Group upped their target price on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note 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. Barclays increased their price objective on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Truist Financial set a $88.00 price target on CocaCola in a research note on Friday, June 26th. Finally, Wells Fargo & Company raised their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Fifteen equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $88.06.

CocaCola 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.