iSAM Funds UK Ltd Makes New $2.02 Million Investment in CocaCola Company (The) $KO

iSAM Funds UK Ltd bought a new position in CocaCola Company (The) (NYSE:KO) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 24,900 shares of the company’s stock, valued at approximately $2,024,000. CocaCola comprises about 1.4% of iSAM Funds UK Ltd’s holdings, making the stock its 6th largest position.

Other hedge funds have also recently made changes to their positions in the company. Anfield Capital Management LLC grew its position in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock worth $25,000 after acquiring an additional 294 shares in the last quarter. Louisbourg Investments Inc. purchased a new stake in CocaCola during the first quarter valued at approximately $25,000. Headlands Technologies LLC bought a new stake in shares of CocaCola in the 2nd quarter valued at approximately $26,000. Evolution Wealth Management Inc. lifted its stake in shares of CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after purchasing an additional 357 shares during the last quarter. Finally, Guardian Partners Inc. purchased a new position in shares of CocaCola in the 2nd quarter worth approximately $27,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

CocaCola Trading Up 0.6%

NYSE KO opened at $88.53 on Thursday. The company’s 50-day moving average price is $85.82 and its 200-day moving average price is $81.06. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The stock has a market cap of $380.93 billion, a PE ratio of 26.59, a PEG ratio of 3.43 and a beta of 0.34. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $92.49.

CocaCola (NYSE:KO) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating 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 company had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. During the same quarter last year, the business posted $0.87 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities research analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. CocaCola’s dividend payout ratio (DPR) is 63.66%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. UBS Group set a $104.00 price target on CocaCola and gave the company a “buy” rating in a report on Wednesday, July 29th. Argus boosted their price objective on shares of CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Barclays increased their target price on shares of CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Weiss Ratings restated a “buy (b+)” rating on shares of CocaCola in a report on Friday, July 31st. Finally, Truist Financial set a $88.00 price target on shares of CocaCola in a report on Friday, June 26th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $95.76.

Insider Activity

In other CocaCola news, insider Sanket Ray sold 9,958 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the transaction, the insider directly owned 62,105 shares in the company, valued at $5,372,082.50. This trade represents a 13.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman James Quincey sold 145,947 shares of CocaCola stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total value of $13,148,365.23. Following the sale, the chairman directly owned 122,833 shares of the company’s stock, valued at approximately $11,066,024.97. This trade represents a 54.30% 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. In the last ninety days, insiders have sold 1,586,900 shares of company stock valued at $135,928,617. Insiders own 0.90% of the company’s stock.

About CocaCola

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.