denkapparat Operations GmbH Invests $1.18 Million in CocaCola Company (The) $KO

denkapparat Operations GmbH bought a new stake in CocaCola Company (The) (NYSE:KO) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 14,468 shares of the company’s stock, valued at approximately $1,176,000.

Other hedge funds also recently bought and sold shares of the company. Louisbourg Investments Inc. purchased a new stake in shares of CocaCola in the 1st quarter valued at approximately $25,000. Guardian Partners Inc. purchased a new position in shares of CocaCola during the 2nd quarter worth approximately $27,000. Anfield Capital Management LLC increased its holdings in CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares during the last quarter. Headlands Technologies LLC acquired a new stake in CocaCola in the 2nd quarter valued at approximately $26,000. Finally, Evolution Wealth Management Inc. raised its position in CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after purchasing an additional 357 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Buying and Selling

In other news, EVP Nancy Quan sold 50,000 shares of CocaCola stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $20,186,798.70. This trade represents a 18.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 145,947 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total value of $13,148,365.23. Following the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at approximately $11,066,024.97. This represents a 54.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 1,050,604 shares of company stock worth $93,022,219 over the last ninety days. Company insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

NYSE:KO opened at $88.86 on Friday. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $92.49. The company has a fifty day simple moving average of $85.99 and a two-hundred day simple moving average of $81.13. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The company has a market cap of $382.32 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 3.44 and a beta of 0.34.

CocaCola (NYSE:KO) last announced its quarterly earnings data 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 business had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, equities analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business 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. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. CocaCola’s dividend payout ratio (DPR) is currently 63.66%.

Analyst Ratings Changes

A number of research firms have commented on KO. Royal Bank Of Canada upped their price target on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Citigroup increased their target price on CocaCola from $97.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. HSBC cut CocaCola from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $93.00 price target on shares of CocaCola in a research note on Wednesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, CocaCola currently has an average rating of “Moderate Buy” and a consensus target price of $95.76.

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.