IFM Investors Pty Ltd Has $63.84 Million Position in CocaCola Company (The) $KO

Key Points

• IFM Investors Pty Ltd increased its Coca-Cola stake by 3.5% in the first quarter, ending with 839,478 shares valued at about $63.84 million. Coca-Cola is now its 29th largest holding and makes up roughly 0.5% of the portfolio.
• Insiders have been selling shares, including EVP Nancy Quan and EVP Jennifer K. Mann, with total insider sales reaching 899,905 shares worth about $71.8 million over the last 90 days. Much of the selling was tied to tax withholding obligations or a pre-arranged trading plan.
• Wall Street remains constructive on Coca-Cola: 15 analysts rate it a Buy and one a Hold, with a consensus Moderate Buy rating and an average price target of $86.88. The company also beat quarterly earnings expectations and recently announced a $0.53 quarterly dividend, yielding about 2.6% annually.

IFM Investors Pty Ltd increased its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 3.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 839,478 shares of the company's stock after buying an additional 28,095 shares during the quarter. CocaCola accounts for about 0.5% of IFM Investors Pty Ltd's portfolio, making the stock its 29th biggest holding. IFM Investors Pty Ltd's holdings in CocaCola were worth $63,842,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of KO. Brighton Jones LLC raised its holdings in shares of CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock valued at $2,433,000 after purchasing an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in CocaCola by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock worth $548,000 after purchasing an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in CocaCola during the first quarter worth $210,000. Jump Financial LLC grew its position in CocaCola by 450.5% in the second quarter. Jump Financial LLC now owns 39,583 shares of the company's stock valued at $2,800,000 after purchasing an additional 32,392 shares in the last quarter. Finally, Osterweis Capital Management Inc. grew its position in CocaCola by 548.2% in the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock valued at $75,000 after purchasing an additional 899 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

Insiders Place Their Bets

In related news, EVP Nancy Quan sold 31,625 shares of the company's stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 the company's stock in a transaction dated Monday, June 8th. The shares were 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 181,384 shares in the company, valued at $14,412,772.64. This trade represents a 35.54% 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 899,905 shares of company stock worth $71,832,315 in the last 90 days. Company insiders own 0.90% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on KO shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a "buy" rating in a research report on Monday, March 30th. Wells Fargo & Company raised their price objective on CocaCola from $87.00 to $90.00 and gave the company an "overweight" rating in a report on Monday, May 18th. Weiss Ratings raised CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research report on Monday, May 4th. TD Cowen upped their target price on CocaCola from $85.00 to $90.00 and gave the stock a "buy" rating in a report on Wednesday, April 29th. Finally, Piper Sandler reissued an "overweight" rating on shares of CocaCola in a research report on Friday. Fifteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, CocaCola presently has a consensus rating of "Moderate Buy" and an average price target of $86.88.

CocaCola Trading Down 1.8%

Shares of NYSE:KO opened at $81.18 on Wednesday. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $84.04. The stock has a market cap of $349.27 billion, a PE ratio of 25.53, a P/E/G ratio of 3.30 and a beta of 0.35. The business has a 50 day moving average of $79.69 and a 200-day moving average of $76.49. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO - Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm's revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities research analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

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

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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