Gerald Baker Financial Group LLC Invests $1.31 Million in CocaCola Company (The) $KO

Gerald Baker Financial Group LLC bought a new position in shares of CocaCola Company (The) (NYSE:KO) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,217 shares of the company’s stock, valued at approximately $1,309,000.

Several other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in shares of CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock valued at $2,433,000 after purchasing an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after purchasing an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of CocaCola in the first quarter worth about $210,000. Jump Financial LLC lifted its position in shares of CocaCola by 450.5% in the second quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock worth $2,800,000 after buying an additional 32,392 shares in the last quarter. Finally, Osterweis Capital Management Inc. lifted its position in shares of CocaCola by 548.2% in the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock worth $75,000 after buying an additional 899 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola declared a quarterly dividend of $0.53 per share, reinforcing its status as a reliable income stock with a long history of annual payout growth.
• Positive Sentiment: Investor sentiment remains supportive as recent coverage highlighted Coca-Cola’s strong cash generation, broad portfolio, and ongoing outperformance versus the broader market.
• Positive Sentiment: News about Coca-Cola advancing an Africa bottling deal and expanding beyond soft drinks suggests continued growth opportunities outside its core beverage business.
• Positive Sentiment: The company’s World Cup-related packaging initiative and other brand-building efforts may support long-term sales and marketing momentum.
• Neutral Sentiment: Several recent articles focused on valuation, dividend yield, and comparisons with peers, which may keep KO in focus but do not directly change fundamentals.
• Neutral Sentiment: Analyst-style commentary continues to view Coca-Cola as a high-quality defensive holding, with steady earnings expectations and strong market interest.
• Negative Sentiment: Coca-Cola said a cyberattack hit its fairlife subsidiary and forced it to halt U.S. production, raising concerns about operational disruption and potential near-term cost or supply impacts.
• Negative Sentiment: Reports of the ransomware incident also pressured the stock in after-hours trading, as investors reacted to the possibility of production delays and business interruption.

Insider Buying and Selling

In related news, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares in the company, valued at approximately $9,842,608.29. This represents a 78.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the sale, the executive vice president directly owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. The trade was a 35.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last ninety days, insiders sold 899,905 shares of company stock valued at $71,832,315. Company insiders own 0.90% of the company’s stock.

CocaCola Trading Up 2.9%

Shares of KO stock opened at $84.80 on Friday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $85.68. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The stock’s 50 day simple moving average is $81.18 and its two-hundred day simple moving average is $77.60. The company has a market cap of $364.86 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 3.29 and a beta of 0.34.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Research analysts predict that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Citigroup upped their price objective on CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Tuesday. Bank of America increased their target price on CocaCola from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Wells Fargo & Company raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Sanford C. Bernstein set a $83.00 price target on shares of CocaCola in a research report on Thursday, July 9th. Fifteen research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $88.81.

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.