denkapparat Operations GmbH Invests $1.18 Million in CocaCola Company (The) $KO

Key Points

• denkapparat Operations GmbH bought 14,468 Coca-Cola shares worth approximately $1.18 million during the second quarter. Institutional investors 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 increased 6.2% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $95.76.
• The company declared a quarterly dividend of $0.53 per share, equivalent to an annualized $2.12 payout and a 2.4% yield. Recent insider sales totaled more than $93 million, though the disclosed transactions were made to cover tax obligations tied to equity awards.

denkapparat Operations GmbH purchased a new stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 14,468 shares of the company's stock, valued at approximately $1,176,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Anfield Capital Management LLC raised its holdings in shares of CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock worth $25,000 after buying an additional 294 shares during the period. Louisbourg Investments Inc. purchased a new position in CocaCola during the 1st quarter valued at $25,000. Headlands Technologies LLC purchased a new position in CocaCola during the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. grew its position in CocaCola by 1,081.8% in 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, Guardian Partners Inc. bought a new position in CocaCola in the 2nd quarter valued at $27,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at CocaCola

In other news, EVP Nancy Quan sold 50,000 shares of CocaCola 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 sale, the executive vice president directly owned 223,330 shares of the company's stock, valued at $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 business's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. 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 1,050,604 shares of company stock valued at $93,022,219 in the last quarter. 0.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. UBS Group set a $104.00 price objective on shares of CocaCola and gave the company a "buy" rating in a report on Wednesday, July 29th. Evercore reiterated an "outperform" rating and issued a $100.00 price target on shares of CocaCola in a report on Tuesday, July 28th. Truist Financial set a $88.00 price objective on CocaCola in a report on Friday, June 26th. Seaport Research Partners set a $95.00 target price on CocaCola in a research report on Friday, August 14th. Finally, Weiss Ratings reiterated a "buy (b+)" rating on shares of CocaCola in a report on Friday, July 31st. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $95.76.

CocaCola Stock Up 0.7%

Shares of KO stock opened at $88.86 on Friday. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $92.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The company has a market cap of $382.32 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 3.44 and a beta of 0.34. The stock's fifty day moving average price is $85.99 and its 200 day moving average price is $81.13.

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

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued 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 2.4%. CocaCola's dividend payout ratio is 63.66%.

About CocaCola

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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