Dimensional Fund Advisors LP Raises Position in CocaCola Company (The) $KO

Dimensional Fund Advisors LP boosted its position in shares of CocaCola Company (The) (NYSE:KO) by 1.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,822,295 shares of the company’s stock after buying an additional 235,785 shares during the period. Dimensional Fund Advisors LP owned 0.44% of CocaCola worth $1,431,495,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Anfield Capital Management LLC boosted 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 worth $25,000 after acquiring an additional 294 shares during the last quarter. Louisbourg Investments Inc. acquired a new position in CocaCola in the 1st quarter valued at $25,000. Headlands Technologies LLC acquired a new position in CocaCola in the 2nd quarter valued at $26,000. Evolution Wealth Management Inc. lifted its holdings in 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 in the last quarter. Finally, Daytona Street Capital LLC purchased a new position in CocaCola in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analyst Ratings Changes

KO has been the subject of a number of research reports. UBS Group upped their target price on shares of CocaCola from $92.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday. Sanford C. Bernstein set a $83.00 price objective on shares of CocaCola in a research note on Thursday, July 9th. Truist Financial set a $88.00 price objective on shares of CocaCola in a report on Friday, June 26th. JPMorgan Chase & Co. raised their target price on shares of CocaCola from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Finally, Barclays boosted their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $88.81.

Insider Activity at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president owned 223,330 shares in the company, valued at $18,074,096.90. The trade was a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 436,296 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $9,842,608.29. This trade represents a 78.03% decrease in their position. 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. Over the last three months, insiders have sold 899,905 shares of company stock worth $71,832,315. Insiders own 0.90% of the company’s stock.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Heavy call-option activity suggests traders are positioning for a rebound or expecting volatility around the stock. Traders bought 75,333 call options, well above the recent average. Quiver Quant article on Coca-Cola options activity and cyberattack
• Neutral Sentiment: Some coverage noted KO benefiting from its defensive profile as investors look for more stable dividend names ahead of earnings, which may be helping support interest in the stock despite the cybersecurity issue. Benzinga article on Coca-Cola stock movement
• Neutral Sentiment: Coca-Cola also announced a quarterly dividend, reinforcing its appeal as a high-quality income stock, though this is unlikely to be the main driver of today’s trading.
• Negative Sentiment: The fairlife cyberattack is the key negative catalyst, since it hit a growth brand and temporarily suspended U.S. production, raising fears of lost revenue and added recovery costs. Reuters article on fairlife production halt

CocaCola Stock Down 0.1%

NYSE KO opened at $81.50 on Monday. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $85.68. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The business’s fifty day simple moving average is $81.25 and its 200-day simple moving average is $77.68. The firm has a market cap of $350.65 billion, a PE ratio of 25.63, a P/E/G ratio of 3.26 and a beta of 0.34.

CocaCola (NYSE:KO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The firm had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. CocaCola’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently declared 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. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s payout ratio is presently 66.67%.

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.