Two Sigma Securities LLC Lowers Stock Holdings in CocaCola Company (The) $KO

Two Sigma Securities LLC decreased its position in CocaCola Company (The) (NYSE:KO) by 77.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,065 shares of the company’s stock after selling 17,393 shares during the period. Two Sigma Securities LLC’s holdings in CocaCola were worth $412,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Benjamin Edwards Inc. increased its holdings in CocaCola by 66.0% during the second quarter. Benjamin Edwards Inc. now owns 185,364 shares of the company’s stock valued at $15,065,000 after buying an additional 73,674 shares during the period. Alyeska Investment Group L.P. boosted its position in CocaCola by 270.8% during the 2nd quarter. Alyeska Investment Group L.P. now owns 1,357,817 shares of the company’s stock valued at $110,350,000 after acquiring an additional 991,604 shares in the last quarter. Flputnam Investment Management Co. increased its holdings in shares of CocaCola by 42.1% in the 2nd quarter. Flputnam Investment Management Co. now owns 540,283 shares of the company’s stock valued at $43,909,000 after acquiring an additional 160,073 shares during the period. Cookson Peirce & Co. Inc. bought a new position in shares of CocaCola in the 2nd quarter worth $205,000. Finally, Wedbush Securities Inc. raised its position in shares of CocaCola by 0.3% in the 2nd quarter. Wedbush Securities Inc. now owns 115,831 shares of the company’s stock worth $9,414,000 after acquiring an additional 305 shares in the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on KO. Wells Fargo & Company raised their price objective on CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Argus raised their price target on shares of CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Truist Financial set a $88.00 price objective on shares of CocaCola in a research report on Friday, June 26th. Finally, Bank of America boosted their price objective 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. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, CocaCola presently has an average rating of “Moderate Buy” and an average price target of $95.76.

Insiders Place Their Bets

In other news, insider Bruno Pietracci sold 111,365 shares of CocaCola stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the sale, the insider directly owned 41,365 shares in the company, valued at approximately $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 1,586,900 shares of company stock valued at $135,928,617. Corporate insiders own 0.90% of the company’s stock.

CocaCola Trading Up 0.6%

CocaCola stock opened at $88.53 on Thursday. The stock has a 50-day moving average of $85.82 and a two-hundred day moving average of $81.06. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. CocaCola Company has a one year low of $65.35 and a one year high of $92.49. The stock has a market cap of $380.93 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 3.43 and a beta of 0.34.

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

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. CocaCola’s dividend payout ratio is presently 63.66%.

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.