Brendel Financial Advisors LLC Makes New Investment in CocaCola Company (The) $KO

Key Points

• Brendel Financial Advisors initiated a Coca-Cola position of 45,157 shares valued at approximately $3.67 million, representing 1.7% of its portfolio. Institutional investors and hedge funds collectively own 70.26% of KO shares.
• Coca-Cola exceeded quarterly expectations with $0.97 in EPS and $13.37 billion in revenue, up 6.2% year over year. The company declared a quarterly dividend of $0.53, equivalent to a 2.3% annual yield.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $95.76, although insiders have sold approximately $126.4 million of stock over the past quarter, primarily to cover tax obligations on equity awards.

Brendel Financial Advisors LLC bought a new stake in CocaCola Company (The) (NYSE:KO - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 45,157 shares of the company's stock, valued at approximately $3,670,000. CocaCola comprises approximately 1.7% of Brendel Financial Advisors LLC's investment portfolio, making the stock its 28th biggest position.

A number of other hedge funds have also recently made changes to their positions in the company. Anfield Capital Management LLC increased its stake in shares of CocaCola by 438.8% in 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 during the period. Louisbourg Investments Inc. acquired a new stake in CocaCola during the 1st quarter worth approximately $25,000. Headlands Technologies LLC bought a new stake in CocaCola during the 2nd quarter worth approximately $26,000. Evolution Wealth Management Inc. grew its holdings in CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock worth $27,000 after acquiring an additional 357 shares during the last quarter. Finally, Guardian Partners Inc. acquired a new position in CocaCola in the 2nd quarter valued at approximately $27,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity at CocaCola

In other CocaCola news, EVP Nancy Quan sold 50,000 shares of the business's stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 223,330 shares of the company's stock, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 stock in a transaction that occurred on 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 owned 122,833 shares in the company, valued at $11,066,024.97. The trade was a 54.30% 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. Insiders have sold 1,483,535 shares of company stock worth $126,442,198 over the last quarter. 0.90% of the stock is owned by company insiders.

CocaCola Price Performance

Shares of NYSE KO opened at $90.91 on Monday. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $91.86. The firm has a fifty day simple moving average of $84.27 and a 200 day simple moving average of $80.41. The company has a market capitalization of $391.14 billion, a PE ratio of 27.30, a P/E/G ratio of 3.18 and a beta of 0.33. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts' consensus estimates 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 net margin of 28.56% and a return on equity of 39.38%. The business's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, sell-side analysts forecast that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola's payout ratio is currently 63.66%.

Wall Street Analysts Forecast Growth

KO has been the topic of a number of recent research reports. HSBC lowered shares of CocaCola from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of CocaCola in a research report on Friday, July 31st. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Bank of America upped their price target on CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Finally, Morgan Stanley restated an "overweight" rating and set a $100.00 price objective (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Fifteen 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $95.76.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola
• Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High
• Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire
• Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise
• Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure.

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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