Old Mission Investment Co LLC Purchases Shares of 6,495 CocaCola Company (The) $KO

Old Mission Investment Co LLC purchased a new position in CocaCola Company (The) (NYSE:KO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,495 shares of the company’s stock, valued at approximately $531,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Highland Investment Advisors LLC purchased a new stake in shares of CocaCola in the second quarter valued at $67,000. Timbuktu Capital Management LLC bought a new position in shares of CocaCola during the second quarter valued at approximately $41,000. Oakmont Investment Advisors Inc. purchased a new stake in shares of CocaCola in the second quarter worth approximately $477,000. Strive Financial Group LLC lifted its position in shares of CocaCola by 20.3% during the second quarter. Strive Financial Group LLC now owns 7,021 shares of the company’s stock worth $571,000 after purchasing an additional 1,185 shares during the last quarter. Finally, Munich Reinsurance Co Stock Corp in Munich bought a new stake in CocaCola during the 2nd quarter valued at about $192,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

CocaCola Trading Down 0.9%

NYSE KO opened at $88.05 on Friday. The company has a fifty day simple moving average of $86.10 and a two-hundred day simple moving average of $81.18. The stock has a market cap of $378.84 billion, a P/E ratio of 26.44, a P/E/G ratio of 3.46 and a beta of 0.34. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $92.49. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

CocaCola (NYSE:KO) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating 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 firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same period in the previous year, the company earned $0.87 earnings per share. The business’s quarterly 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. On average, analysts forecast that CocaCola Company will post 3.29 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. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. CocaCola’s payout ratio is currently 63.66%.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola remains attractive to income-focused investors after extending its dividend-growth streak to 64 consecutive years. Its global brands and pricing power are viewed as defenses against inflation and a weaker dollar. Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker Dollar
• Positive Sentiment: Recent operating momentum remains supportive: second-quarter net revenue increased about 7% to $13.38 billion, organic revenue rose 6%, global unit case volume grew 5%, and comparable operating margin expanded to 35.6%. Management also raised full-year guidance in July. Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker Dollar
• Neutral Sentiment: Analysts continue to treat KO as a highly defensive consumer-staples holding, with its stable demand and dividend history compared favorably with PepsiCo. However, the stock’s roughly 26% year-to-date gain has made valuation a more important part of the investment case. PepsiCo vs. Coca-Cola: Which Stock Has the Edge?
• Negative Sentiment: Valuation concerns are becoming more prominent near the stock’s highs. Commentary has cited a forward P/E around 25.7 times, a modest dividend yield, and limited upside relative to several analyst price targets. Investors are also watching potential volume pressure from nutrition-program restrictions. Coca-Cola Stock Opinions on Recent Highs and Valuation Concerns
• Negative Sentiment: Quiver Quantitative data shows 24 insider sales and no insider purchases over the past six months. While such transactions may reflect compensation or diversification, the imbalance can reinforce profit-taking concerns after the strong rally. Coca-Cola Stock Opinions on Recent Highs and Valuation Concerns

Insider Buying and Selling at CocaCola

In other news, EVP Nancy Quan sold 50,000 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the completion of the transaction, the insider owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,050,604 shares of company stock worth $93,022,219. 0.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on KO shares. Weiss Ratings raised CocaCola from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Thursday. UBS Group set a $104.00 price objective on shares of CocaCola and gave the stock a “buy” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group reissued a “neutral” rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a research report on Tuesday, July 28th. Evercore restated an “outperform” rating and issued a $100.00 target price on shares of CocaCola in a research note on Tuesday, July 28th. Finally, Wells Fargo & Company lifted their price target on shares of CocaCola from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, CocaCola presently has a consensus rating of “Moderate Buy” and a consensus target price of $95.76.

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.