Miller Howard Investments Inc. NY Acquires 269,857 Shares of CocaCola Company (The) $KO

Miller Howard Investments Inc. NY raised its holdings in CocaCola Company (The) (NYSE:KO) by 83.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 593,133 shares of the company’s stock after acquiring an additional 269,857 shares during the period. Miller Howard Investments Inc. NY’s holdings in CocaCola were worth $48,204,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Eurizon SLJ Capital Ltd bought a new stake in CocaCola in the 4th quarter valued at $552,000. Banco Santander S.A. increased its holdings in shares of CocaCola by 3.1% during the 2nd quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock worth $88,646,000 after purchasing an additional 32,723 shares during the period. King Luther Capital Management Corp raised its position in shares of CocaCola by 0.8% during 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 during the last quarter. Cibc World Market Inc. raised its position in shares of CocaCola by 4.8% during 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 during the last quarter. Finally, SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of CocaCola in the fourth quarter valued at about $1,544,000. 70.26% of the stock is owned by institutional investors.

CocaCola Stock Performance

NYSE:KO opened at $91.94 on Tuesday. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $92.49. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The firm has a market capitalization of $395.59 billion, a PE ratio of 27.61, a price-to-earnings-growth ratio of 3.18 and a beta of 0.33. The firm has a 50-day moving average price of $84.49 and a 200 day moving average price of $80.51.

CocaCola (NYSE:KO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The company had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 63.66%.

Analysts Set New Price Targets

Several brokerages recently issued reports on KO. Weiss Ratings restated a “buy (b+)” rating on shares of CocaCola in a research note on Friday, July 31st. HSBC downgraded CocaCola from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 28th. Evercore reissued an “outperform” rating and set a $100.00 price objective on shares of CocaCola in a report on Tuesday, July 28th. Royal Bank Of Canada boosted their price objective on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, Truist Financial set a $88.00 target price on CocaCola in a research report on Friday, June 26th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $95.76.

Insiders Place Their Bets

In other news, Chairman James Quincey sold 145,947 shares of the business’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23. Following the sale, the chairman owned 122,833 shares in the company, valued at approximately $11,066,024.97. The trade was a 54.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Sanket Ray sold 9,958 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the sale, the insider directly owned 62,105 shares in the company, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,594,900 shares of company stock worth $136,568,617 over the last quarter. Corporate insiders own 0.90% of the company’s stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola ranked among the leading consumer-staples companies for growth, reinforcing confidence in its ability to expand despite a relatively mature market. Coca-Cola leads consumer staples growth rankings
• Positive Sentiment: Analysts noted that Coca-Cola is adapting to changing consumer health preferences through flagship brands, product diversification and innovation across more beverage occasions. This may help protect long-term sales as consumers reduce consumption of traditional sugary drinks. Coca-Cola Faces Consumer Health Trend Shifts
• Positive Sentiment: Coca-Cola continues to attract attention as a potential long-term dividend compounder, appealing to investors seeking dependable income and stability amid a market environment that has favored speculation. 3 Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Executive Bruno Pietracci sold 111,365 KO shares for approximately $10.1 million, reducing his position by about 73%. The filing said the sale covered tax-withholding obligations tied to vested equity awards, making it less concerning than a discretionary sale but still a potential short-term sentiment overhang. Top Coca-Cola Executive Makes a Major Move
• Negative Sentiment: Valuation analysis suggests KO is closer to fairly valued than clearly undervalued. Its discounted-cash-flow estimate is near the current market price, while earnings multiples appear expensive after an 88% five-year return, potentially limiting upside for new buyers. Coca-Cola Stock Looks Cheap on Cash Flow but Pricey on Earnings

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.