Alecta Tjanstepension Omsesidigt Invests $197.47 Million in CocaCola Company (The) $KO

Alecta Tjanstepension Omsesidigt purchased a new stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,431,000 shares of the company's stock, valued at approximately $197,470,000. Alecta Tjanstepension Omsesidigt owned approximately 0.06% of CocaCola at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Anfield Capital Management LLC raised its holdings in CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock valued at $25,000 after buying an additional 294 shares in the last quarter. Louisbourg Investments Inc. bought a new stake in shares of CocaCola during the 1st quarter worth about $25,000. Headlands Technologies LLC acquired a new position in shares of CocaCola during the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. increased its holdings in shares of CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock valued at $27,000 after acquiring an additional 357 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in shares of CocaCola in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 70.26% of the company's stock.

Insider Buying and Selling at CocaCola

In related news, insider Sanket Ray sold 9,958 shares of the business's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the transaction, the insider directly owned 62,105 shares in the company, valued at $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Bruno Pietracci sold 75,727 shares of the company's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total value of $6,788,925.55. Following the completion of the transaction, the insider directly owned 35,393 shares of the company's stock, valued at approximately $3,172,982.45. This trade represents a 68.15% decrease in their position. 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. Insiders sold 1,433,535 shares of company stock valued at $121,922,698 over the last quarter. Company insiders own 0.90% of the company's stock.

CocaCola Price Performance

NYSE:KO opened at $87.66 on Friday. The stock has a market cap of $377.15 billion, a P/E ratio of 26.32, a PEG ratio of 3.06 and a beta of 0.33. CocaCola Company has a one year low of $65.35 and a one year high of $90.92. The company has a fifty day moving average price of $83.51 and a 200 day moving average price of $79.81. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business's revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola's dividend payout ratio (DPR) is presently 63.66%.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s improved full-year revenue and earnings guidance, expanding margins, broad-based volume growth and market-share gains reinforce confidence in its operating momentum. Coca-Cola’s Raised Guidance And Margin Gains Might Change the Case for Investing in Coca-Cola
• Positive Sentiment: Volume growth supports demand: Recent analysis points to steady global volume growth, suggesting consumers continue to purchase Coca-Cola products despite broader economic pressure. Coca-Cola in Focus as Volume Growth Anchors a Steady Picture
• Positive Sentiment: Analyst expectations remain supportive: Analysts have issued higher earnings forecasts and are preparing for third-quarter results, extending the positive reaction to the company’s latest earnings beat. Coca-Cola reported $0.97 in quarterly EPS versus a $0.93 consensus estimate, with revenue up 6.2% year over year.
• Positive Sentiment: Defensive and income appeal: Commentary continues to highlight KO as a Dividend King and a long-term Warren Buffett-backed holding. That reputation may support demand from investors seeking reliable dividends and relatively defensive consumer-staples exposure. 5 Dividend Kings to Buy and Hold Forever in August
• Neutral Sentiment: Valuation and sustainability are under debate: Investors are weighing Coca-Cola’s stronger results against whether its recent momentum can persist through the second half of the year. With the stock trading at a premium earnings multiple, further gains may depend on continued execution. The Debates That Matter for KO Stock
• Neutral Sentiment: Macro risks remain: Coverage is monitoring inflation, gasoline prices and consumer spending because higher household costs could pressure demand or reduce purchasing power. Why Is Coca-Cola in Focus as Gasoline Prices Pressure Consumers?
• Neutral Sentiment: Bottler financing news: Coca-Cola İçecek authorized management to seek up to $1 billion in overseas debt for refinancing and growth. The development concerns the regional bottler rather than Coca-Cola directly, so its immediate effect on KO is likely limited. Coca-Cola İçecek Seeks Up to USD 1 Billion in Overseas Debt

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Sanford C. Bernstein restated a "market perform" rating and issued a $93.00 target price on shares of CocaCola in a report on Wednesday, July 29th. Royal Bank Of Canada lifted their price target on shares of CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Citigroup boosted their price objective on shares of CocaCola from $97.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. HSBC downgraded shares of CocaCola from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Finally, Truist Financial set a $88.00 target price on shares of CocaCola in a research note on Friday, June 26th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, CocaCola presently has a consensus rating of "Moderate Buy" and an average target price of $95.76.

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.

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