Aigen Investment Management LP Makes New Investment in CocaCola Company (The) $KO

Key Points

• Aigen Investment Management opened a new position in Coca-Cola, buying 12,303 shares valued at about $860,000 in the fourth quarter.
• Coca-Cola continues to draw strong institutional interest, with major holders like Vanguard, State Street, and Geode adding shares and 70.26% of the stock now held by institutions and hedge funds.
• The company’s outlook remains positive thanks to a recent earnings and revenue beat, a quarterly dividend of $0.53 per share, and multiple analysts raising price targets while maintaining buy ratings.

Aigen Investment Management LP acquired a new position in shares of CocaCola Company (The) (NYSE:KO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,303 shares of the company's stock, valued at approximately $860,000.

A number of other large investors also recently added to or reduced their stakes in KO. Vanguard Group Inc. grew its holdings in shares of CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock valued at $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. State Street Corp lifted its position in CocaCola by 1.2% in the fourth quarter. State Street Corp now owns 167,850,330 shares of the company's stock valued at $11,734,417,000 after buying an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC lifted its position in CocaCola by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock valued at $6,273,037,000 after buying an additional 433,547 shares during the last quarter. Norges Bank acquired a new position in CocaCola in the fourth quarter valued at about $3,865,807,000. Finally, Franklin Resources Inc. lifted its position in CocaCola by 3.1% in the fourth quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company's stock valued at $2,816,697,000 after buying an additional 1,195,581 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: RBC Capital reiterated its buy view on Coca-Cola, reinforcing Wall Street’s generally favorable stance on KO and supporting the stock’s recent strength.
• Positive Sentiment: Several reports highlighted Coca-Cola as a potential beneficiary of the 2026 FIFA World Cup, with expectations that beverage volume and consumer spending could rise during the tournament.
• Positive Sentiment: Market commentary also pointed to strong Q1 results, including an earnings and revenue beat, solid organic growth, and volume gains, which continue to underpin the bullish investment case. Coca-Cola’s Q1 Results Prove It's a Good Buy to Hold and Hold
• Positive Sentiment: Investor interest remains supported by Coca-Cola’s reliable dividend and defensive profile, which continue to attract income-focused buyers.
• Neutral Sentiment: EVP Jennifer K. Mann disclosed a stock sale, but it was conducted under a pre-arranged 10b5-1 plan and tied to equity-award tax withholding, making it less of a concern than discretionary insider selling.

Insider Transactions at CocaCola

In other news, EVP Nancy Quan sold 31,625 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of the firm'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 transaction, the executive vice president owned 207,400 shares in the company, valued at approximately $16,480,004. This trade represents a 32.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last ninety days, insiders have sold 899,905 shares of company stock worth $71,832,315. Insiders own 0.90% of the company's stock.

CocaCola Stock Up 0.0%

Shares of NYSE:KO opened at $82.63 on Monday. The firm's 50 day moving average price is $78.70 and its 200 day moving average price is $75.70. The stock has a market cap of $355.51 billion, a price-to-earnings ratio of 25.98, a price-to-earnings-growth ratio of 3.30 and a beta of 0.35. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $84.04. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO - Get Free Report) last issued its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion for the quarter, compared to analysts' expectations of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm's revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. CocaCola's dividend payout ratio (DPR) is 66.67%.

Analysts Set New Price Targets

KO has been the topic of a number of recent analyst reports. Citigroup upped their target price on shares of CocaCola from $90.00 to $91.00 and gave the company a "buy" rating in a research report on Monday, May 18th. Morgan Stanley set a $89.00 price target on CocaCola in a research report on Wednesday. Wells Fargo & Company boosted their price objective on CocaCola from $87.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, May 18th. UBS Group increased their target price on CocaCola from $90.00 to $92.00 and gave the stock a "buy" rating in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group lifted their price objective on shares of CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a report on Monday, March 16th. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, CocaCola presently has an average rating of "Moderate Buy" and an average target price of $86.69.

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.

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