Purpose Unlimited Inc. Makes New $5.83 Million Investment in CocaCola Company (The) $KO

Key Points

• Purpose Unlimited Inc. opened a new position in Coca-Cola, buying 83,355 shares worth about $5.83 million in the fourth quarter.
• Institutional ownership remains very heavy, with hedge funds and other investors controlling 70.26% of Coca-Cola’s shares; several large firms also significantly boosted their stakes recently.
• Coca-Cola continues to look like a defensive income stock: it beat last quarter’s earnings and revenue expectations, raised its dividend to $0.53 per share, and analysts mostly rate the stock a Buy with a consensus target of $86.69.

Purpose Unlimited Inc. purchased a new position in shares of CocaCola Company (The) (NYSE:KO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 83,355 shares of the company's stock, valued at approximately $5,827,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank acquired a new stake in CocaCola during the 4th quarter worth approximately $3,865,807,000. Cardano Risk Management B.V. increased its position in shares of CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company's stock worth $1,008,954,000 after acquiring an additional 12,939,959 shares during the period. Marshall Wace LLP raised its stake in shares of CocaCola by 1,206.9% in the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company's stock valued at $743,913,000 after acquiring an additional 9,826,768 shares in the last quarter. Bank of America Corp DE boosted its holdings in CocaCola by 29.2% in the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company's stock valued at $2,809,146,000 after purchasing an additional 9,078,447 shares during the period. Finally, Capital World Investors grew its stake in CocaCola by 98.7% during the 4th quarter. Capital World Investors now owns 12,573,527 shares of the company's stock worth $879,015,000 after purchasing an additional 6,246,627 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company's stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to view Coca-Cola as a durable long-term holding because of its global brand strength, pricing power, and ability to perform in inflationary conditions.
• Positive Sentiment: Articles focused on KO’s dividend appeal emphasize its 62-year streak of dividend increases, reinforcing its status as an income stock for conservative investors.
• Positive Sentiment: KO was included in a list of non-tech wide-moat stocks for stable returns in the second half of 2026, which may draw more defensive capital into the shares.
• Neutral Sentiment: One piece compared Coca-Cola’s year-to-date performance with other consumer staples peers, suggesting investors are evaluating KO mainly as part of a broader sector rotation rather than on company-specific news.
• Neutral Sentiment: Seeking Alpha commentary noted some technical caution even while remaining constructive on the business, implying valuation and chart factors may limit immediate upside.
• Neutral Sentiment: Most of the coverage was opinion and analysis rather than a major earnings or operational announcement, so the stock’s move today appears tied more to sentiment around defensiveness and dividends than fresh fundamentals.

Insider Buying and Selling

In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the transaction, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Nancy Quan sold 31,625 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 899,905 shares of company stock worth $71,832,315 over the last 90 days. 0.90% of the stock is owned by insiders.

CocaCola Stock Performance

NYSE:KO opened at $79.43 on Friday. The firm has a market capitalization of $341.75 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 3.17 and a beta of 0.35. The business's fifty day moving average price is $79.03 and its 200 day moving average price is $75.93. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $84.04.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. The company had revenue of $12.47 billion during 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%.CocaCola's revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola's dividend payout ratio (DPR) is 66.67%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. TD Cowen increased their price target on CocaCola from $85.00 to $90.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. UBS Group boosted their price objective on CocaCola from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft upped their target price on shares of CocaCola from $83.00 to $86.00 and gave the stock a "buy" rating in a research note on Monday, March 30th. JPMorgan Chase & Co. raised their target price on shares of CocaCola from $83.00 to $85.00 and gave the company an "overweight" rating in a report on Wednesday, April 29th. Finally, Citigroup raised their target price on shares of CocaCola from $90.00 to $91.00 and gave the company a "buy" rating in a report on Monday, May 18th. Fifteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $86.69.

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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