iSAM Funds UK Ltd Buys Shares of 24,900 CocaCola Company (The) $KO

Key Points

• iSAM Funds UK Ltd. acquired 24,900 Coca-Cola shares worth approximately $2.02 million, making KO its sixth-largest holding and representing 1.4% of its portfolio. Institutional investors collectively own 70.26% of the company.
• Coca-Cola reported quarterly earnings of $0.97 per share and revenue of $13.37 billion, exceeding analyst estimates; revenue rose 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 a $2.12 annualized payout and a 2.4% yield. Insiders sold 1.59 million shares worth about $135.9 million over the past quarter, primarily to cover tax obligations related to equity awards.

iSAM Funds UK Ltd purchased a new position in CocaCola Company (The) (NYSE:KO - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 24,900 shares of the company's stock, valued at approximately $2,024,000. CocaCola accounts for about 1.4% of iSAM Funds UK Ltd's portfolio, making the stock its 6th largest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Louisbourg Investments Inc. purchased a new position in CocaCola during the first quarter valued at $25,000. Guardian Partners Inc. bought a new stake in CocaCola during the second quarter valued at about $27,000. Anfield Capital Management LLC increased its position in 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 in the last quarter. Headlands Technologies LLC bought a new position in shares of CocaCola in the second quarter worth about $26,000. Finally, Evolution Wealth Management Inc. raised 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 buying an additional 357 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.

Insider Activity

In other news, insider Bruno Pietracci sold 111,365 shares of CocaCola stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the sale, the insider directly owned 41,365 shares of the company's stock, valued at approximately $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 business's stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president owned 181,384 shares in the company, valued at $14,412,772.64. This 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. Over the last quarter, insiders have sold 1,586,900 shares of company stock valued at $135,928,617. 0.90% of the stock is owned by corporate insiders.

CocaCola Price Performance

KO stock opened at $88.53 on Thursday. CocaCola Company has a one year low of $65.35 and a one year high of $92.49. The company's fifty day moving average price is $85.82 and its 200-day moving average price is $81.06. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The company has a market capitalization of $380.93 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 3.43 and a beta of 0.34.

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. The company had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola's quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the company posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts anticipate that CocaCola Company will post 3.29 EPS for the current fiscal year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola's dividend payout ratio is 63.66%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Bank of America boosted their price objective on CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Barclays raised their target price on shares of CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Argus lifted their price target on shares of CocaCola from $91.00 to $97.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Morgan Stanley reiterated an "overweight" rating and issued a $100.00 price target (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Finally, Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a research note on Friday, August 14th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target 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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