CocaCola Company (The) $KO Shares Purchased by Syon Capital LLC

Syon Capital LLC boosted its position in shares of CocaCola Company (The) (NYSE:KO) by 20.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,003 shares of the company’s stock after purchasing an additional 7,300 shares during the period. Syon Capital LLC’s holdings in CocaCola were worth $3,495,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KO. Eurizon SLJ Capital Ltd acquired a new stake in CocaCola in the 4th quarter valued at approximately $552,000. Banco Santander S.A. lifted its stake in CocaCola by 3.1% during the second quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock worth $88,646,000 after purchasing an additional 32,723 shares in the last quarter. King Luther Capital Management Corp lifted its stake in 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 purchasing an additional 31,694 shares in the last quarter. Daymark Wealth Partners LLC grew its stake in shares of CocaCola by 68.5% in the second quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company’s stock valued at $17,733,000 after buying an additional 88,690 shares in the last quarter. Finally, Cibc World Market Inc. grew its stake in shares of CocaCola by 4.8% in the fourth quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company’s stock valued at $123,010,000 after buying an additional 79,946 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Trading Up 0.7%

NYSE:KO opened at $88.86 on Friday. The stock has a 50-day simple moving average of $85.99 and a 200-day simple moving average of $81.13. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The stock has a market cap of $382.32 billion, a P/E ratio of 26.68, a P/E/G ratio of 3.44 and a beta of 0.34. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $92.49.

CocaCola (NYSE:KO) last posted its 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 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 analysts’ expectations of $13.17 billion. During the same quarter in the previous year, the firm earned $0.87 earnings per share. The business’s revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

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

Analyst Upgrades and Downgrades

KO has been the topic of several research reports. Piper Sandler increased their target price on CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Argus lifted their target price on CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Barclays boosted their price target on shares of CocaCola from $91.00 to $93.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a research note on Friday, August 14th. Finally, Truist Financial set a $88.00 price objective 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $95.76.

Insider Buying and Selling

In other CocaCola news, EVP Jennifer Mann sold 100,000 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares in the company, valued at approximately $14,412,772.64. This represents a 35.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the sale, the chief financial officer directly owned 279,917 shares in the company, valued at approximately $24,439,553.27. The trade was a 35.26% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,050,604 shares of company stock worth $93,022,219 in the last ninety days. 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.