Signaturefd LLC Lowers Holdings in CocaCola Company (The) $KO

Key Points

• Signaturefd LLC reduced its Coca-Cola stake by 3.9% in the second quarter, selling 13,480 shares and retaining 334,283 shares valued at approximately $27.2 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola reported quarterly EPS of $0.97, beating the $0.93 consensus estimate, while revenue rose 6.2% year over year to $13.37 billion. The company also declared a quarterly dividend of $0.53 per share, representing a 2.4% annualized yield.
• Analyst sentiment remains positive, with 15 Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $95.76, above the reported share price of $87.66.

Signaturefd LLC trimmed its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 334,283 shares of the company's stock after selling 13,480 shares during the period. CocaCola comprises 0.4% of Signaturefd LLC's holdings, making the stock its 28th largest position. Signaturefd LLC's holdings in CocaCola were worth $27,167,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of KO. Eurizon SLJ Capital Ltd purchased a new stake in CocaCola during the fourth quarter worth $552,000. King Luther Capital Management Corp increased its holdings in CocaCola by 0.8% in the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company's stock valued at $269,330,000 after buying an additional 31,694 shares in the last quarter. Cibc World Market Inc. increased its holdings in CocaCola by 4.8% in the fourth quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company's stock valued at $123,010,000 after buying an additional 79,946 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of CocaCola in the fourth quarter worth about $1,544,000. Finally, Bleakley Financial Group LLC raised its position in shares of CocaCola by 21.1% in the fourth quarter. Bleakley Financial Group LLC now owns 152,614 shares of the company's stock worth $10,669,000 after acquiring an additional 26,605 shares during the period. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

CocaCola Stock Down 0.1%

Shares of NYSE KO opened at $87.66 on Monday. The firm has a market cap of $377.15 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 3.06 and a beta of 0.33. The company's 50-day simple moving average is $83.51 and its 200-day simple moving average is $79.86. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $90.92.

CocaCola (NYSE:KO - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities analysts predict that CocaCola Company will post 3.29 EPS 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 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 dividend yield of 2.4%. CocaCola's dividend payout ratio is presently 63.66%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Evercore restated an "outperform" rating and set a $100.00 target price on shares of CocaCola in a research report on Tuesday, July 28th. Wells Fargo & Company upped their price target on CocaCola from $90.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Barclays increased their price target on CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Citigroup raised their price objective on CocaCola from $97.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $95.76.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s improved full-year revenue and earnings guidance, expanding margins, broad-based volume growth and market-share gains reinforce confidence in its operating momentum. Coca-Cola’s Raised Guidance And Margin Gains Might Change the Case for Investing in Coca-Cola
• Positive Sentiment: Volume growth supports demand: Recent analysis points to steady global volume growth, suggesting consumers continue to purchase Coca-Cola products despite broader economic pressure. Coca-Cola in Focus as Volume Growth Anchors a Steady Picture
• Positive Sentiment: Analyst expectations remain supportive: Analysts have issued higher earnings forecasts and are preparing for third-quarter results, extending the positive reaction to the company’s latest earnings beat. Coca-Cola reported $0.97 in quarterly EPS versus a $0.93 consensus estimate, with revenue up 6.2% year over year.
• Positive Sentiment: Defensive and income appeal: Commentary continues to highlight KO as a Dividend King and a long-term Warren Buffett-backed holding. That reputation may support demand from investors seeking reliable dividends and relatively defensive consumer-staples exposure. 5 Dividend Kings to Buy and Hold Forever in August
• Neutral Sentiment: Valuation and sustainability are under debate: Investors are weighing Coca-Cola’s stronger results against whether its recent momentum can persist through the second half of the year. With the stock trading at a premium earnings multiple, further gains may depend on continued execution. The Debates That Matter for KO Stock
• Neutral Sentiment: Macro risks remain: Coverage is monitoring inflation, gasoline prices and consumer spending because higher household costs could pressure demand or reduce purchasing power. Why Is Coca-Cola in Focus as Gasoline Prices Pressure Consumers?
• Neutral Sentiment: Bottler financing news: Coca-Cola İçecek authorized management to seek up to $1 billion in overseas debt for refinancing and growth. The development concerns the regional bottler rather than Coca-Cola directly, so its immediate effect on KO is likely limited. Coca-Cola İçecek Seeks Up to USD 1 Billion in Overseas Debt

Insider Buying and Selling at CocaCola

In other CocaCola news, Chairman James Quincey sold 436,296 shares of the firm's stock in a transaction on Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the completion of the sale, the chairman owned 122,833 shares of the company's stock, valued at $9,842,608.29. This trade represents a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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, EVP Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction that occurred on 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 of the company's stock, valued at $14,412,772.64. This trade represents a 35.54% decrease in their position. 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. Over the last ninety days, insiders have sold 1,433,535 shares of company stock valued at $121,922,698. 0.90% of the stock is owned by insiders.

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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