Peninsula Asset Management Inc. Purchases Shares of 11,042 CocaCola Company (The) $KO

Peninsula Asset Management Inc. acquired a new position in CocaCola Company (The) (NYSE:KO) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,042 shares of the company’s stock, valued at approximately $840,000.

Other institutional investors also recently modified their holdings of the company. Anfield Capital Management LLC raised its stake in shares of CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares in the last quarter. Louisbourg Investments Inc. bought a new position in CocaCola in the first quarter worth $25,000. Headlands Technologies LLC acquired a new stake in CocaCola during the second quarter worth $26,000. Evolution Wealth Management Inc. boosted its stake in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after buying an additional 357 shares in the last quarter. Finally, Daytona Street Capital LLC bought a new stake in CocaCola in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Activity

In other news, EVP Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the sale, the executive vice president directly owned 157,400 shares in the company, valued at approximately $13,128,734. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction dated 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 transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This represents a 78.03% 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. Over the last ninety days, insiders sold 899,905 shares of company stock worth $71,832,315. 0.90% of the stock is owned by corporate insiders.

CocaCola Stock Down 0.8%

Shares of KO opened at $82.38 on Thursday. The company has a market capitalization of $354.45 billion, a P/E ratio of 25.91, a PEG ratio of 3.32 and a beta of 0.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. CocaCola Company has a one year low of $65.35 and a one year high of $85.68. The business’s 50 day simple moving average is $81.06 and its 200-day simple moving average is $77.50.

CocaCola (NYSE:KO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period last year, the firm posted $0.73 EPS. The business’s revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, sell-side analysts predict that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The firm 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 dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio is presently 66.67%.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola advanced a 75% Africa bottler deal after South African approval, a step that could strengthen its distribution footprint and long-term growth prospects in an important emerging market. Coca-Cola (KO) Advances 75% Africa Bottler Deal After South African Approval Backing
• Positive Sentiment: Several recent articles highlight bullish views on Coca-Cola as a durable, high-quality dividend stock, emphasizing its 64-year dividend growth streak, strong brand, and steady demand profile that can appeal to investors in uncertain markets. Here’s What I Think Is Going On With Coca-Cola Stock
• Positive Sentiment: Market commentary also notes Coca-Cola’s broad investor following and “most watched” status, which suggests continued interest from both retail and institutional investors. Is Most-Watched Stock CocaCola Company (The) (KO) Worth Betting on Now?
• Neutral Sentiment: Additional articles frame KO as a classic defensive, income-oriented holding and compare its valuation and dividend appeal against other stocks, but these pieces are largely informational rather than new fundamental catalysts. Here Are the Coca-Cola Shares You’d Need to Generate $12,000 in Annual Dividend Income
• Negative Sentiment: Despite the positive commentary, KO still trades at a relatively elevated valuation, with forward and trailing P/E ratios in the mid-20s, which may limit near-term upside if growth does not accelerate further. Is The Coca-Cola Company (KO) A Good Stock To Buy Now?

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on KO shares. JPMorgan Chase & Co. increased their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Truist Financial set a $88.00 target price on shares of CocaCola in a research note on Friday, June 26th. TD Cowen increased their price target on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Bank of America raised their price target on shares of CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, Sanford C. Bernstein set a $83.00 price objective on CocaCola in a 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $88.44.

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.