CocaCola Company (The) $KO Shares Sold by Daiwa Securities Group Inc.

Key Points

• Daiwa Securities Group reduced its Coca-Cola stake by 1.7% in the second quarter, selling 15,260 shares and retaining 871,120 shares valued at approximately $70.8 million. Institutional investors and hedge funds collectively own 70.26% of KO.
• Coca-Cola reported quarterly EPS of $0.97 and revenue of $13.37 billion, exceeding analyst estimates, while revenue grew 6.2% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $95.76.
• The company declared a quarterly dividend of $0.53 per share, equivalent to $2.12 annually and a 2.3% yield. Coca-Cola shares opened at $90.91, near their 12-month high, while recent insider sales were primarily tied to tax withholding on vested equity awards.

Daiwa Securities Group Inc. trimmed its position in CocaCola Company (The) (NYSE:KO - Free Report) by 1.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 871,120 shares of the company's stock after selling 15,260 shares during the quarter. Daiwa Securities Group Inc.'s holdings in CocaCola were worth $70,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of KO. Eurizon SLJ Capital Ltd purchased a new stake in shares of CocaCola during the fourth quarter worth $552,000. Banco Santander S.A. raised its position in shares of CocaCola by 3.1% in the second quarter. Banco Santander S.A. now owns 1,090,758 shares of the company's stock valued at $88,646,000 after buying an additional 32,723 shares during the last quarter. King Luther Capital Management Corp lifted its stake in shares of CocaCola by 0.8% in the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company's stock worth $269,330,000 after buying an additional 31,694 shares in the last quarter. Cibc World Market Inc. lifted its stake in shares of CocaCola by 4.8% in the fourth quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company's stock worth $123,010,000 after buying an additional 79,946 shares in the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new position in CocaCola during the fourth quarter worth about $1,544,000. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola Price Performance

CocaCola stock opened at $90.91 on Monday. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $91.86. The stock has a market cap of $391.14 billion, a P/E ratio of 27.30, a PEG ratio of 3.18 and a beta of 0.33. The company has a 50-day moving average price of $84.27 and a 200 day moving average price of $80.41. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

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

CocaCola Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Royal Bank Of Canada upped their price objective on shares of CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Jefferies Financial Group raised their target price on shares of CocaCola from $95.00 to $104.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Wells Fargo & Company boosted their target price on CocaCola from $90.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Weiss Ratings restated a "buy (b+)" rating on shares of CocaCola in a research report on Friday, July 31st. Finally, Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $95.76.

Key Headlines Impacting CocaCola

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.

Insider Transactions at CocaCola

In related news, Chairman James Quincey sold 436,296 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the completion of the transaction, the chairman directly owned 122,833 shares in the company, valued at approximately $9,842,608.29. This represents a 78.03% 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 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, insider Bruno Pietracci sold 75,727 shares of the firm's stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total value of $6,788,925.55. Following the sale, 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 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 sold a total of 1,483,535 shares of company stock valued at $126,442,198 in the last ninety days. 0.90% of the stock is currently owned by corporate insiders.

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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