Resona Asset Management Co. Ltd. Grows Holdings in CocaCola Company (The) $KO

Resona Asset Management Co. Ltd. boosted its position in shares of CocaCola Company (The) (NYSE:KO) by 2.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,424,782 shares of the company’s stock after acquiring an additional 33,602 shares during the period. CocaCola accounts for about 0.5% of Resona Asset Management Co. Ltd.’s investment portfolio, making the stock its 26th largest position. Resona Asset Management Co. Ltd.’s holdings in CocaCola were worth $108,415,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in KO. Eurizon SLJ Capital Ltd purchased a new stake in shares of CocaCola in the fourth quarter worth about $552,000. Farther Finance Advisors LLC grew its holdings in CocaCola by 38.1% during the 4th quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company’s stock valued at $7,802,000 after buying an additional 30,786 shares in the last quarter. Capitolis Liquid Global Markets LLC grew its holdings in CocaCola by 16.4% during the 3rd quarter. Capitolis Liquid Global Markets LLC now owns 710,000 shares of the company’s stock valued at $47,087,000 after buying an additional 100,000 shares in the last quarter. King Luther Capital Management Corp increased its stake in CocaCola by 0.8% in the 4th quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock worth $269,330,000 after acquiring an additional 31,694 shares during the last quarter. Finally, Greenberg Financial Group purchased a new stake in shares of CocaCola during the 4th quarter worth approximately $507,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Several articles highlight Coca-Cola as a defensive, market-weary investor favorite, with its steady business model and consistent earnings beats supporting the stock’s premium valuation. Article Title
• Positive Sentiment: Analysts and commentators continue to point to Coca-Cola’s strong year-to-date performance and relative outperformance versus many consumer staples peers, reinforcing momentum in the stock. Article Title
• Neutral Sentiment: Pepsi’s upcoming earnings are being framed as a comparison point for the beverage sector, but this is more of a read-through for competitor performance than a direct Coca-Cola catalyst. Article Title
• Neutral Sentiment: Coverage noting a pullback in KO shares says the stock’s defensive appeal remains in focus, suggesting recent weakness may be seen as a buying opportunity rather than a fundamental problem. Article Title
• Neutral Sentiment: Walmart’s price cuts on Coca-Cola packs raise questions about pricing power and valuation, but the article notes the stock has still shown strong momentum recently, making this a watch item ahead of earnings. Article Title
• Negative Sentiment: A downgrade on Coca-Cola reflects some concern that the stock may have run too far, and another report says KO has underperformed competitors on a recent trading day, which may weigh on sentiment. Article Title

Insider Buying and Selling

In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president owned 181,384 shares of the company’s stock, valued at $14,412,772.64. This trade represents a 35.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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, Chairman James Quincey sold 436,296 shares of the business’s stock in a transaction that occurred 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 transaction, the chairman owned 122,833 shares of the company’s stock, valued at $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. In the last ninety days, insiders sold 899,905 shares of company stock valued at $71,832,315. Company insiders own 0.90% of the company’s stock.

CocaCola Price Performance

Shares of CocaCola stock opened at $83.47 on Thursday. The stock has a market cap of $359.12 billion, a price-to-earnings ratio of 26.25, a price-to-earnings-growth ratio of 3.36 and a beta of 0.34. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The stock has a 50 day moving average price of $80.62 and a 200-day moving average price of $77.04. CocaCola Company has a one year low of $65.35 and a one year high of $85.68.

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

CocaCola Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have recently commented on KO. Deutsche Bank Aktiengesellschaft increased their target price on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, March 30th. Jefferies Financial Group upped their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, March 16th. UBS Group increased their price objective on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Barclays lifted their price objective on shares of CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Sanford C. Bernstein began coverage on shares of CocaCola in a report on Thursday, June 11th. They issued a “market perform” rating and a $84.00 target price on the stock. Fifteen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $86.88.

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.