Longbow Finance SA Has $15.71 Million Stake in CocaCola Company (The) $KO

Longbow Finance SA raised its stake in shares of CocaCola Company (The) (NYSE:KO) by 159.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 193,332 shares of the company’s stock after purchasing an additional 118,922 shares during the period. CocaCola accounts for approximately 2.0% of Longbow Finance SA’s investment portfolio, making the stock its 15th biggest position. Longbow Finance SA’s holdings in CocaCola were worth $15,712,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eurizon SLJ Capital Ltd bought a new position in CocaCola during the 4th quarter worth approximately $552,000. Banco Santander S.A. boosted its stake in shares of CocaCola by 3.1% in the 2nd quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock valued at $88,646,000 after purchasing an additional 32,723 shares during the last quarter. King Luther Capital Management Corp increased 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 worth $269,330,000 after buying an additional 31,694 shares during the period. Cibc World Market Inc. increased 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 worth $123,010,000 after buying an additional 79,946 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in CocaCola during the fourth quarter worth $1,544,000. 70.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein restated a “market perform” rating and issued a $93.00 target price on shares of CocaCola in a report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on CocaCola in a report on Friday, August 14th. Truist Financial set a $88.00 price objective on CocaCola in a research report on Friday, June 26th. Piper Sandler boosted their price objective on CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of CocaCola in a research report on Friday, July 31st. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $95.76.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola
• Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High
• Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire
• Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise
• Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure.

CocaCola Stock Up 0.5%

CocaCola stock opened at $90.91 on Friday. The company has a market capitalization of $391.14 billion, a PE ratio of 27.30, a PEG ratio of 3.16 and a beta of 0.33. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $91.86. The firm’s fifty day moving average is $84.27 and its 200 day moving average is $80.37. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

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

CocaCola Dividend Announcement

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 paid a $0.53 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. CocaCola’s dividend payout ratio (DPR) is currently 63.66%.

Insiders Place Their Bets

In related news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was 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 of the company’s stock, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 145,947 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total value of $13,148,365.23. Following the transaction, the chairman directly owned 122,833 shares in the company, valued at approximately $11,066,024.97. This trade represents a 54.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 sold a total of 1,483,535 shares of company stock worth $126,442,198 over the last three months. Insiders own 0.90% of the company’s stock.

CocaCola Company 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.