Longbow Finance SA Has $15.71 Million Holdings in CocaCola Company (The) $KO

Key Points

• Longbow Finance SA increased its Coca-Cola position by 159.8% in the second quarter, adding 118,922 shares to hold 193,332 shares valued at approximately $15.71 million. Institutional investors and hedge funds own 70.26% of Coca-Cola’s stock.
• Coca-Cola reported quarterly EPS of $0.97 and revenue of $13.37 billion, exceeding analyst expectations, while revenue grew 6.2% year over year. Shares were near their 52-week high, supported by generally positive analyst coverage and a consensus “Moderate Buy” rating with a $95.76 average price target.
• The company declared a quarterly dividend of $0.53, or $2.12 annualized, representing a 2.3% yield. Several insiders sold shares under pre-arranged plans to cover tax obligations, including the chairman’s sale of nearly 146,000 shares.

Longbow Finance SA increased its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 159.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 193,332 shares of the company's stock after purchasing an additional 118,922 shares during the quarter. CocaCola accounts for approximately 2.0% of Longbow Finance SA's investment portfolio, making the stock its 15th largest position. Longbow Finance SA's holdings in CocaCola were worth $15,712,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of KO. Vanguard Group Inc. raised its position in shares of CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock valued at $26,200,276,000 after buying an additional 5,886,352 shares in the last quarter. State Street Corp boosted its position in shares of CocaCola by 1.2% during the 4th quarter. State Street Corp now owns 167,850,330 shares of the company's stock worth $11,734,417,000 after acquiring an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock worth $6,273,037,000 after acquiring an additional 433,547 shares in the last quarter. Norges Bank bought a new position in CocaCola in the fourth quarter valued at approximately $3,865,807,000. Finally, Bank of America Corp DE increased its stake in CocaCola by 9.5% in the first quarter. Bank of America Corp DE now owns 44,018,963 shares of the company's stock valued at $3,347,642,000 after acquiring an additional 3,836,640 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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.

Analyst Ratings Changes

Several equities research analysts have weighed in on KO shares. Sanford C. Bernstein restated a "market perform" rating and set a $93.00 target price on shares of CocaCola in a research note on Wednesday, July 29th. Piper Sandler boosted their price target on CocaCola from $88.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Argus upped their price objective on CocaCola from $91.00 to $97.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. UBS Group set a $104.00 price objective on CocaCola and gave the company a "buy" rating in a research note on Wednesday, July 29th. Finally, Seaport Research Partners set a $95.00 target price on CocaCola in a research report on Friday, August 14th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $95.76.

Insider Activity

In other news, Chairman James Quincey sold 145,947 shares of CocaCola 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 sale, the chairman directly owned 122,833 shares of the company's stock, valued at approximately $11,066,024.97. This trade represents a 54.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 business's stock in a transaction dated 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 owned 35,393 shares in the company, valued at approximately $3,172,982.45. This trade represents a 68.15% decrease in their ownership of the stock. 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. In the last ninety days, insiders sold 1,483,535 shares of company stock valued at $126,442,198. 0.90% of the stock is currently owned by company insiders.

CocaCola Stock Performance

Shares of CocaCola stock opened at $90.91 on Friday. The company's 50 day moving average price is $84.27 and its two-hundred day moving average price is $80.37. The firm has a market capitalization of $391.14 billion, a P/E ratio of 27.30, a P/E/G ratio of 3.16 and a beta of 0.33. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $91.86. 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 announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. During the same period in the prior year, the company earned $0.87 EPS. CocaCola's revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts forecast that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The company 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 $0.53 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 annualized dividend and a yield of 2.3%. CocaCola's dividend payout ratio (DPR) is currently 63.66%.

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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