22,314 CocaCola Company (The) $KO Shares Acquired by James Hambro & Partners LLP

James Hambro & Partners LLP lifted its holdings in CocaCola Company (The) (NYSE:KO) by 1.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,328,539 shares of the company’s stock after acquiring an additional 22,314 shares during the quarter. CocaCola accounts for 4.0% of James Hambro & Partners LLP’s holdings, making the stock its 12th biggest position. James Hambro & Partners LLP’s holdings in CocaCola were worth $114,367,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in KO. Bank of America Corp DE lifted its position in CocaCola by 4.4% during the second quarter. Bank of America Corp DE now owns 45,958,636 shares of the company’s stock valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in CocaCola by 0.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company’s stock worth $2,954,523,000 after purchasing an additional 162,097 shares during the period. Wellington Management Group LLP grew its position in CocaCola by 9.2% during the 2nd quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company’s stock worth $2,361,198,000 after purchasing an additional 2,439,026 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of CocaCola by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company’s stock valued at $1,431,495,000 after buying an additional 235,785 shares during the last quarter. Finally, Fayez Sarofim & Co raised its stake in shares of CocaCola by 0.7% during the 2nd quarter. Fayez Sarofim & Co now owns 15,272,831 shares of the company’s stock valued at $1,241,223,000 after buying an additional 113,599 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Price Performance

NYSE KO traded down $0.28 during trading hours on Monday, reaching $93.62. The company’s stock had a trading volume of 6,313,168 shares, compared to its average volume of 16,852,773. The firm has a market capitalization of $402.82 billion, a price-to-earnings ratio of 28.12, a P/E/G ratio of 3.65 and a beta of 0.32. CocaCola Company has a 1-year low of $67.27 and a 1-year high of $94.10. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The company’s 50-day moving average is $88.47 and its two-hundred day moving average is $83.39.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same period last year, the company earned $0.87 earnings per share. CocaCola’s quarterly revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts predict that CocaCola Company will post 3.30 EPS for the current year.

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a yield of 2.3%. CocaCola’s dividend payout ratio (DPR) is currently 63.66%.

Insider Buying and Selling

In other CocaCola news, insider Sanket Ray sold 9,958 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $86.50, for a total transaction of $861,367.00. Following the completion of the transaction, the insider directly owned 62,105 shares in the company, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Nancy Quan sold 50,000 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% 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 have sold 926,620 shares of company stock worth $83,075,714 in the last 90 days. 0.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

KO has been the subject of several analyst reports. Piper Sandler reissued an “overweight” rating and issued a $95.00 price objective (up from $88.00) on shares of CocaCola in a report on Wednesday, September 16th. Weiss Ratings raised CocaCola from a “buy (a-)” rating to a “buy (a+)” rating in a report on Thursday, October 8th. TD Cowen reiterated a “buy” rating on shares of CocaCola in a research report on Friday. Jefferies Financial Group lifted their price target on CocaCola from $95.00 to $104.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Barclays boosted their price target on CocaCola from $93.00 to $98.00 and gave the company an “overweight” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, CocaCola currently has a consensus rating of “Moderate Buy” and an average target price of $96.27.

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.