Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 751,250 Shares of CocaCola Company (The) $KO

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in CocaCola Company (The) (NYSE:KO) by 57.5% in the first quarter, Holdings Channel.com reports. The fund owned 2,058,856 shares of the company’s stock after buying an additional 751,250 shares during the period. CocaCola makes up 0.9% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s investment portfolio, making the stock its 21st largest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in CocaCola were worth $156,576,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in KO. Elevation Point Wealth Partners LLC boosted its holdings in CocaCola by 376.1% during the first quarter. Elevation Point Wealth Partners LLC now owns 302,522 shares of the company’s stock valued at $23,145,000 after purchasing an additional 238,978 shares in the last quarter. Platform Technology Partners grew its holdings in CocaCola by 14.8% during the 1st quarter. Platform Technology Partners now owns 9,253 shares of the company’s stock worth $704,000 after acquiring an additional 1,193 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of CocaCola by 17.7% in the first quarter. Sound Income Strategies LLC now owns 9,791 shares of the company’s stock valued at $745,000 after purchasing an additional 1,473 shares in the last quarter. Jamison Private Wealth Management Inc. raised its position in shares of CocaCola by 0.9% during the first quarter. Jamison Private Wealth Management Inc. now owns 137,882 shares of the company’s stock worth $10,486,000 after acquiring an additional 1,258 shares during the last quarter. Finally, SOL Capital Management CO raised its holdings in CocaCola by 164.9% during the 1st quarter. SOL Capital Management CO now owns 11,100 shares of the company’s stock worth $791,000 after purchasing an additional 6,910 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Price Performance

Shares of CocaCola stock opened at $83.93 on Friday. The stock has a market capitalization of $361.11 billion, a price-to-earnings ratio of 26.39, a price-to-earnings-growth ratio of 3.25 and a beta of 0.34. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $84.14. 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 company has a 50-day simple moving average of $79.99 and a two-hundred day simple moving average of $76.67.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Analysts forecast that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a dividend of $0.53 per share. The ex-dividend date was Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.5%. CocaCola’s dividend payout ratio is 66.67%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on KO shares. Deutsche Bank Aktiengesellschaft increased their price target on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Citigroup upped their target price on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Morgan Stanley set a $89.00 target price on shares of CocaCola in a report on Wednesday, June 10th. Barclays boosted their price target on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, CocaCola presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.88.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola announced a global beverage agreement with Marriott International, making KO the worldwide beverage supplier across Marriott’s hotel portfolio and expanding access to a large travel and hospitality channel. Article Title
• Positive Sentiment: Investor commentary and stock-screening coverage continue to frame Coca-Cola as an attractive dividend and blue-chip holding, citing improving revenue and profitability trends ahead of earnings. Article Title
• Positive Sentiment: Market coverage singled out KO among five blue-chip stocks with potential second-half momentum, adding to bullish sentiment around the shares. Article Title
• Neutral Sentiment: Search and analyst-interest pieces noted that investors have been paying closer attention to Coca-Cola, but these articles were more about visibility than a specific new catalyst. Article Title

Insider Activity at CocaCola

In related news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at $18,074,096.90. This trade represents a 12.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 CocaCola stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares in the company, valued at $9,842,608.29. The trade was 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. Insiders sold a total of 899,905 shares of company stock worth $71,832,315 in the last quarter. 0.90% of the stock is owned by insiders.

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.