CocaCola Company (The) $KO Shares Acquired by Korea Investment CORP

Key Points

• Korea Investment CORP increased its Coca-Cola stake by 2.4% in the fourth quarter, bringing its holdings to 3.25 million shares worth about $227 million.
• Coca-Cola reported better-than-expected Q1 results, with EPS of $0.86 and revenue of $12.47 billion, both ahead of estimates, while revenue rose 11.4% year over year.
• The company continues to look attractive to investors thanks to its 2.6% dividend yield and broadly positive analyst sentiment, with several firms maintaining buy ratings and a consensus “Moderate Buy” view.

Korea Investment CORP boosted its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,247,147 shares of the company's stock after buying an additional 74,612 shares during the quarter. Korea Investment CORP owned 0.08% of CocaCola worth $227,008,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock worth $26,200,276,000 after buying an additional 5,886,352 shares during the last quarter. State Street Corp boosted its stake in CocaCola by 0.6% in the 3rd quarter. State Street Corp now owns 165,858,003 shares of the company's stock worth $11,083,296,000 after purchasing an additional 923,278 shares during the period. Geode Capital Management LLC boosted its stake in CocaCola by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock worth $6,273,037,000 after purchasing an additional 433,547 shares during the period. Norges Bank acquired a new position in CocaCola in the 4th quarter worth approximately $3,865,807,000. Finally, Franklin Resources Inc. boosted its stake in CocaCola by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company's stock worth $2,816,697,000 after purchasing an additional 1,195,581 shares during the period. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola Stock Up 0.1%

KO stock opened at $82.63 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $84.04. The company has a fifty day simple moving average of $78.70 and a 200 day simple moving average of $75.68. The firm has a market cap of $355.51 billion, a PE ratio of 25.98, a PEG ratio of 3.30 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. The firm had revenue of $12.47 billion for 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 business's quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Sell-side analysts anticipate that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

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

More CocaCola News

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 Buying and Selling

In related news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman owned 122,833 shares in the company, valued at $9,842,608.29. This trade represents a 78.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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. Also, EVP Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction 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 completion of the transaction, the executive vice president owned 207,400 shares in the company, valued at $16,480,004. This trade represents a 32.53% decrease in their position. The SEC filing for this sale provides additional information. 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 899,905 shares of company stock worth $71,832,315 in the last quarter. 0.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on KO. Jefferies Financial Group raised their price objective on shares of CocaCola from $87.00 to $90.00 and gave the stock a "buy" rating in a research note on Monday, March 16th. Citigroup raised their price objective on shares of CocaCola from $90.00 to $91.00 and gave the stock a "buy" rating in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of CocaCola from $83.00 to $86.00 and gave the company a "buy" rating in a research note on Monday, March 30th. JPMorgan Chase & Co. lifted their target price on shares of CocaCola from $83.00 to $85.00 and gave the company an "overweight" rating in a research note on Wednesday, April 29th. Finally, TD Cowen lifted their target price on shares of CocaCola from $85.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Fifteen investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus 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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