Investment Management Corp of Ontario lifted its position in CocaCola Company (The) (NYSE:KO – Free Report) by 30.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 369,608 shares of the company’s stock after buying an additional 85,818 shares during the quarter. Investment Management Corp of Ontario’s holdings in CocaCola were worth $25,839,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the stock. Janus Henderson Group PLC boosted its holdings in shares of CocaCola by 115.9% during the fourth quarter. Janus Henderson Group PLC now owns 2,865,027 shares of the company’s stock worth $200,311,000 after purchasing an additional 1,537,993 shares during the period. Gotham Asset Management LLC boosted its holdings in shares of CocaCola by 21.2% during the fourth quarter. Gotham Asset Management LLC now owns 490,887 shares of the company’s stock worth $34,318,000 after purchasing an additional 85,868 shares during the period. Evolve Private Wealth LLC acquired a new stake in shares of CocaCola during the fourth quarter worth approximately $6,839,000. Ehrenkranz Partners L.P. boosted its holdings in shares of CocaCola by 6.5% during the fourth quarter. Ehrenkranz Partners L.P. now owns 3,407 shares of the company’s stock worth $238,000 after purchasing an additional 207 shares during the period. Finally, First Manhattan CO. LLC. boosted its holdings in shares of CocaCola by 1.5% during the fourth quarter. First Manhattan CO. LLC. now owns 1,023,302 shares of the company’s stock worth $71,539,000 after purchasing an additional 14,898 shares during the period. 70.26% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at CocaCola
In other CocaCola news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the completion of the sale, the chairman directly owned 122,833 shares in the company, valued at $9,842,608.29. The trade was 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 Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the sale, the executive vice president owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. 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 899,905 shares of company stock worth $71,832,315 over the last ninety days. 0.90% of the stock is currently owned by insiders.
Analyst Ratings Changes
Read Our Latest Stock Report on CocaCola
CocaCola Price Performance
NYSE KO opened at $79.87 on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $343.62 billion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 3.21 and a beta of 0.35. The company has a 50 day moving average price of $78.91 and a two-hundred day moving average price of $75.86. 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 posted its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts predict 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. Shareholders of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola’s payout ratio is 66.67%.
Trending Headlines about CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: KO is being highlighted as a blue-chip and defensive stock to own in a choppy market, with multiple articles noting its stability, brand strength, and income appeal. Dow Achieves a New Milestone: 4 Blue-Chip Stocks to Buy
- Positive Sentiment: Several bullish pieces say Coca-Cola still has long-term growth catalysts that may not be fully reflected in the stock, including emerging-market expansion, pricing power, and margin improvement efforts. Coca-Cola: The Future Growth Catalysts Not Being Priced In
- Positive Sentiment: KO is also being pitched as a dividend king and a stock that can keep rewarding patient investors, reinforcing its appeal to income-focused buyers. 3 Dividend Kings With Income, Stability, and a Possible Catalyst
- Neutral Sentiment: Some coverage says Coca-Cola remains a trending stock and a widely watched name, but these articles are mostly attention generators rather than new fundamental catalysts. CocaCola Company (The) (KO) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Another article frames KO as a candidate for long-term compounding alongside other iconic brands, but it does not introduce a specific new business or financial development. 3 Stocks That Have Made Long-Term Investors Rich (and Could Do It Again)
- Negative Sentiment: One recent bearish view argues Coca-Cola’s valuation has become stretched, with forward earnings multiples in the mid-20s and a lower dividend yield reducing the stock’s relative attractiveness. Coca-Cola’s Dividend Is Strong But The Valuation Is Difficult To Get Bullish On
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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