SBI Securities Co. Ltd. Cuts Stake in CocaCola Company (The) $KO

SBI Securities Co. Ltd. reduced its position in CocaCola Company (The) (NYSE:KO) by 2.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 244,070 shares of the company’s stock after selling 7,270 shares during the period. SBI Securities Co. Ltd.’s holdings in CocaCola were worth $19,836,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Eurizon SLJ Capital Ltd purchased a new position in CocaCola during the fourth quarter valued at approximately $552,000. King Luther Capital Management Corp boosted its position in CocaCola by 0.8% during the 4th quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock valued at $269,330,000 after acquiring an additional 31,694 shares in the last quarter. Cibc World Market Inc. boosted its position in CocaCola by 4.8% during the 4th quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company’s stock valued at $123,010,000 after acquiring an additional 79,946 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of CocaCola in the 4th quarter valued at $1,544,000. Finally, Bleakley Financial Group LLC raised its position in shares of CocaCola by 21.1% in the 4th quarter. Bleakley Financial Group LLC now owns 152,614 shares of the company’s stock worth $10,669,000 after acquiring an additional 26,605 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other CocaCola news, insider Bruno Pietracci sold 75,727 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the sale, the insider directly owned 35,393 shares of the company’s stock, valued at approximately $3,172,982.45. This trade represents a 68.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 value of $13,313,290.73. Following the transaction, the chief financial officer owned 279,917 shares of the company’s stock, valued at $24,439,553.27. The trade was a 35.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,433,535 shares of company stock valued at $121,922,698 over the last quarter. Insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on KO. TD Cowen raised their price objective on CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and issued a $100.00 target price (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Sanford C. Bernstein reissued a “market perform” rating and set a $93.00 price target on shares of CocaCola in a research report on Wednesday, July 29th. Royal Bank Of Canada raised their price target on shares of CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $86.00 price objective (up from $82.00) on shares of CocaCola in a research report on Tuesday, July 28th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $95.76.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s improved full-year revenue and earnings guidance, expanding margins, broad-based volume growth and market-share gains reinforce confidence in its operating momentum. Coca-Cola’s Raised Guidance And Margin Gains Might Change the Case for Investing in Coca-Cola
• Positive Sentiment: Volume growth supports demand: Recent analysis points to steady global volume growth, suggesting consumers continue to purchase Coca-Cola products despite broader economic pressure. Coca-Cola in Focus as Volume Growth Anchors a Steady Picture
• Positive Sentiment: Analyst expectations remain supportive: Analysts have issued higher earnings forecasts and are preparing for third-quarter results, extending the positive reaction to the company’s latest earnings beat. Coca-Cola reported $0.97 in quarterly EPS versus a $0.93 consensus estimate, with revenue up 6.2% year over year.
• Positive Sentiment: Defensive and income appeal: Commentary continues to highlight KO as a Dividend King and a long-term Warren Buffett-backed holding. That reputation may support demand from investors seeking reliable dividends and relatively defensive consumer-staples exposure. 5 Dividend Kings to Buy and Hold Forever in August
• Neutral Sentiment: Valuation and sustainability are under debate: Investors are weighing Coca-Cola’s stronger results against whether its recent momentum can persist through the second half of the year. With the stock trading at a premium earnings multiple, further gains may depend on continued execution. The Debates That Matter for KO Stock
• Neutral Sentiment: Macro risks remain: Coverage is monitoring inflation, gasoline prices and consumer spending because higher household costs could pressure demand or reduce purchasing power. Why Is Coca-Cola in Focus as Gasoline Prices Pressure Consumers?
• Neutral Sentiment: Bottler financing news: Coca-Cola İçecek authorized management to seek up to $1 billion in overseas debt for refinancing and growth. The development concerns the regional bottler rather than Coca-Cola directly, so its immediate effect on KO is likely limited. Coca-Cola İçecek Seeks Up to USD 1 Billion in Overseas Debt

CocaCola Trading Up 0.3%

CocaCola stock opened at $87.66 on Friday. The stock has a 50-day moving average price of $83.51 and a 200 day moving average price of $79.81. The company has a market capitalization of $377.15 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth ratio of 3.06 and a beta of 0.33. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $90.92. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping 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 period last year, the firm posted $0.87 EPS. CocaCola’s revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts anticipate that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. The ex-dividend date 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 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.