OMERS ADMINISTRATION Corp Buys 3,201,742 Shares of CocaCola Company (The) $KO

OMERS ADMINISTRATION Corp raised its stake in shares of CocaCola Company (The) (NYSE:KO) by 1,763.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,383,332 shares of the company’s stock after acquiring an additional 3,201,742 shares during the quarter. CocaCola accounts for 1.7% of OMERS ADMINISTRATION Corp’s holdings, making the stock its 8th largest position. OMERS ADMINISTRATION Corp’s holdings in CocaCola were worth $257,302,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. FreeGulliver LLC lifted its stake in shares of CocaCola by 7.9% in the first quarter. FreeGulliver LLC now owns 23,105 shares of the company’s stock valued at $1,757,000 after buying an additional 1,683 shares during the period. Van Diest Capital LLC grew its position in CocaCola by 71.8% during the first quarter. Van Diest Capital LLC now owns 13,336 shares of the company’s stock worth $1,014,000 after buying an additional 5,575 shares in the last quarter. Bradley Foster & Sargent Inc. CT increased its stake in CocaCola by 1.5% during the first quarter. Bradley Foster & Sargent Inc. CT now owns 311,883 shares of the company’s stock valued at $23,719,000 after acquiring an additional 4,664 shares during the period. Lombard Odier Asset Management Switzerland SA increased its stake in CocaCola by 11.7% during the first quarter. Lombard Odier Asset Management Switzerland SA now owns 173,704 shares of the company’s stock valued at $13,210,000 after acquiring an additional 18,200 shares during the period. Finally, Mustico Financial Group Inc. acquired a new position in CocaCola in the 1st quarter valued at approximately $203,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Activity at CocaCola

In related news, EVP Jennifer K. Mann sold 23,984 shares of CocaCola stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 157,400 shares of the company’s stock, valued at $13,128,734. The trade was a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 dated Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 899,905 shares of company stock valued at $71,832,315 in the last three months. Corporate insiders own 0.90% of the company’s stock.

CocaCola Stock Up 1.3%

KO opened at $82.19 on Friday. The firm has a market cap of $353.60 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 3.33 and a beta of 0.34. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The firm’s 50-day simple moving average is $81.43 and its 200-day simple moving average is $78.05. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $85.68.

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

CocaCola Dividend Announcement

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

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Warren Buffett reportedly said Coca-Cola remains one of his preferred businesses, reinforcing the company’s reputation as a durable, high-quality consumer staple and potentially supporting investor confidence. Article Title
• Positive Sentiment: Articles highlighting Coca-Cola as a top dividend stock and a favorite among large investors may help reinforce the stock’s defensive, income-oriented appeal. Article Title
• Positive Sentiment: Coverage ahead of Q2 earnings suggests Wall Street is watching for pricing strength and margin gains, which could support the stock if Coca-Cola beats expectations again. Article Title
• Neutral Sentiment: Several articles simply preview Coca-Cola’s upcoming results and key metrics, indicating investor focus is centered on the earnings release rather than a new company-specific catalyst. Article Title
• Negative Sentiment: Recent market commentary noted Coca-Cola underperformed the broader market in the latest session, reflecting near-term selling pressure on the shares. Article Title
• Negative Sentiment: Some analyst-style pieces argue investors could do better in other dividend stocks or Pepsico, which may create mild competition for Coca-Cola among income-focused buyers. Article Title

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Citigroup upped their target price on CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Morgan Stanley set a $89.00 target price on CocaCola in a research report on Wednesday, June 10th. Barclays lifted their price target on shares of CocaCola from $89.00 to $91.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Sanford C. Bernstein set a $83.00 price target on shares of CocaCola in a report on Thursday, July 9th. Fourteen research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.33.

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.