Madison Asset Management LLC Has $2.34 Million Stake in CocaCola Company (The) $KO

Madison Asset Management LLC raised its stake in CocaCola Company (The) (NYSE:KO) by 26.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,727 shares of the company’s stock after acquiring an additional 6,339 shares during the quarter. Madison Asset Management LLC’s holdings in CocaCola were worth $2,337,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Summit Global Investments increased its holdings in shares of CocaCola by 171.8% during the first quarter. Summit Global Investments now owns 58,382 shares of the company’s stock worth $4,440,000 after buying an additional 36,904 shares in the last quarter. Rice Partnership LLC boosted its holdings in shares of CocaCola by 1.3% during the 1st quarter. Rice Partnership LLC now owns 87,443 shares of the company’s stock valued at $6,650,000 after acquiring an additional 1,149 shares in the last quarter. MWA Asset Management acquired a new stake in shares of CocaCola during the 1st quarter valued at $99,000. Earned Wealth Advisors LLC grew its position in CocaCola by 8.2% during the 1st quarter. Earned Wealth Advisors LLC now owns 11,441 shares of the company’s stock worth $870,000 after acquiring an additional 871 shares during the last quarter. Finally, Commonwealth Financial Services LLC grew its position in CocaCola by 3.3% during the 1st quarter. Commonwealth Financial Services LLC now owns 15,410 shares of the company’s stock worth $1,172,000 after acquiring an additional 497 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. The trade was a 12.40% 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 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 the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president owned 181,384 shares in the company, valued at $14,412,772.64. The trade was a 35.54% 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. Insiders have sold a total of 899,905 shares of company stock valued at $71,832,315 over the last ninety days. 0.90% of the stock is owned by company insiders.

CocaCola Stock Performance

NYSE KO opened at $81.97 on Wednesday. The company has a market capitalization of $352.67 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 3.28 and a beta of 0.34. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $85.68. The stock has a fifty day simple moving average of $81.35 and a 200 day simple moving average of $77.85.

CocaCola (NYSE:KO) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. During the same period in the previous year, the business earned $0.73 EPS. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Sell-side analysts expect that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola is reportedly using AI to improve marketing and vending performance, with one report saying the effort helped drive a 15% surge in vending sales, reinforcing the company’s ability to use technology to strengthen its core brand. Coca-Cola Used AI to Make Itself More Coca-Cola
• Positive Sentiment: Analysts remain constructive ahead of earnings, saying Coca-Cola’s pricing power, stable demand, and solid growth outlook could support another strong quarter and help the company maintain guidance. Coca-Cola’s Growth Outlook Remains Strong Ahead of Q2 Results, UBS Says
• Positive Sentiment: Recent commentary also highlights Coca-Cola’s strong fundamentals, including durable organic growth, strong free-cash-flow conversion, and shareholder returns, which continue to support the stock’s defensive appeal. Coca-Cola Keeps Outperforming My Expectations (Earnings Preview)
• Neutral Sentiment: The company is also reportedly preparing an India bottler IPO, a strategic move that could unlock value over time but is not an immediate earnings driver. Coca-Cola picks bankers for its India bottler IPO
• Negative Sentiment: Coca-Cola’s Fairlife unit was hit by a ransomware attack, with production suspended and a hacking group claiming responsibility, raising near-term concerns about supply disruptions and potential data/security costs. Gang claims responsibility for hack at Coca-Cola’s fairlife unit

Analysts Set New Price Targets

Several equities analysts have commented on the company. Truist Financial set a $88.00 target price on CocaCola in a research report on Friday, June 26th. Barclays boosted their price target on CocaCola from $89.00 to $91.00 and gave the stock an “overweight” rating in a report on Tuesday. Piper Sandler reaffirmed an “overweight” rating on shares of CocaCola in a research note on Friday, June 26th. JPMorgan Chase & Co. upped their price objective on CocaCola from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Finally, TD Cowen raised their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Fourteen investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $89.33.

CocaCola 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.