CocaCola Company (The) $KO Stake Raised by Miller Howard Investments Inc. NY

Miller Howard Investments Inc. NY raised its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 83.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 593,133 shares of the company's stock after acquiring an additional 269,857 shares during the quarter. Miller Howard Investments Inc. NY's holdings in CocaCola were worth $48,204,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Anfield Capital Management LLC grew its position 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 purchasing an additional 294 shares in the last quarter. Louisbourg Investments Inc. purchased a new position in shares of CocaCola during the 1st quarter valued at $25,000. Headlands Technologies LLC purchased a new position in shares of CocaCola during the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. increased its stake in shares of CocaCola by 1,081.8% in the fourth 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. purchased a new stake in shares of CocaCola during the second quarter worth $27,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

CocaCola Price Performance

Shares of NYSE:KO opened at $91.94 on Tuesday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $92.49. The business has a 50-day moving average of $84.49 and a two-hundred day moving average of $80.51. The stock has a market capitalization of $395.59 billion, a P/E ratio of 27.61, a P/E/G ratio of 3.18 and a beta of 0.33. 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 released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. The company had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The firm's revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts predict that CocaCola Company will post 3.29 EPS for the current fiscal year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend 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 presently 63.66%.

Insider Activity at CocaCola

In other CocaCola news, EVP Nancy Quan sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at $20,186,798.70. This trade represents a 18.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction 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 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. Over the last 90 days, insiders have sold 1,594,900 shares of company stock valued at $136,568,617. 0.90% of the stock is owned by company insiders.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola ranked among the leading consumer-staples companies for growth, reinforcing confidence in its ability to expand despite a relatively mature market. Coca-Cola leads consumer staples growth rankings
• Positive Sentiment: Analysts noted that Coca-Cola is adapting to changing consumer health preferences through flagship brands, product diversification and innovation across more beverage occasions. This may help protect long-term sales as consumers reduce consumption of traditional sugary drinks. Coca-Cola Faces Consumer Health Trend Shifts
• Positive Sentiment: Coca-Cola continues to attract attention as a potential long-term dividend compounder, appealing to investors seeking dependable income and stability amid a market environment that has favored speculation. 3 Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Executive Bruno Pietracci sold 111,365 KO shares for approximately $10.1 million, reducing his position by about 73%. The filing said the sale covered tax-withholding obligations tied to vested equity awards, making it less concerning than a discretionary sale but still a potential short-term sentiment overhang. Top Coca-Cola Executive Makes a Major Move
• Negative Sentiment: Valuation analysis suggests KO is closer to fairly valued than clearly undervalued. Its discounted-cash-flow estimate is near the current market price, while earnings multiples appear expensive after an 88% five-year return, potentially limiting upside for new buyers. Coca-Cola Stock Looks Cheap on Cash Flow but Pricey on Earnings

Analysts Set New Price Targets

A number of analysts recently issued reports on KO shares. UBS Group set a $104.00 price objective on CocaCola and gave the company a "buy" rating in a research report on Wednesday, July 29th. Evercore reaffirmed an "outperform" rating and set a $100.00 price target on shares of CocaCola in a research note on Tuesday, July 28th. Citigroup lifted their price target on CocaCola from $97.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Morgan Stanley restated an "overweight" rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Finally, Sanford C. Bernstein reiterated a "market perform" rating and issued a $93.00 target price on shares of CocaCola in a research note on Wednesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $95.76.

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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