AMF Tjanstepension AB Boosts Stock Position in CocaCola Company (The) $KO

AMF Tjanstepension AB lifted its stake in shares of CocaCola Company (The) (NYSE:KO) by 1.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,910,053 shares of the company’s stock after acquiring an additional 46,220 shares during the period. CocaCola accounts for approximately 1.5% of AMF Tjanstepension AB’s portfolio, making the stock its 22nd biggest position. AMF Tjanstepension AB’s holdings in CocaCola were worth $221,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of KO. Triglav Investments D.O.O. raised its stake in CocaCola by 2.6% during the first quarter. Triglav Investments D.O.O. now owns 38,891 shares of the company’s stock worth $2,958,000 after purchasing an additional 976 shares during the period. J. Safra Sarasin Holding AG grew its stake in shares of CocaCola by 27.8% in the 1st quarter. J. Safra Sarasin Holding AG now owns 72,787 shares of the company’s stock valued at $5,533,000 after buying an additional 15,852 shares during the period. Tradewinds LLC. grew its stake in shares of CocaCola by 3.0% in the 1st quarter. Tradewinds LLC. now owns 17,174 shares of the company’s stock valued at $1,350,000 after buying an additional 498 shares during the period. Procyon Advisors LLC increased its holdings in shares of CocaCola by 21.4% during the 1st quarter. Procyon Advisors LLC now owns 17,822 shares of the company’s stock worth $1,355,000 after buying an additional 3,139 shares during the last quarter. Finally, Navigate Wealth Management LLC acquired a new stake in shares of CocaCola during the 1st quarter worth approximately $526,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on KO. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Bank of America raised their target price on CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday. Morgan Stanley set a $89.00 target price on CocaCola in a research report on Wednesday, June 10th. Citigroup upped their price target on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Fifteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $88.06.

CocaCola Price Performance

Shares of NYSE KO opened at $83.49 on Monday. The stock’s 50-day moving average is $80.79 and its two-hundred day moving average is $77.22. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company has a market cap of $359.23 billion, a price-to-earnings ratio of 26.26, a price-to-earnings-growth ratio of 3.34 and a beta of 0.34. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $85.68.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $12.24 billion. During the same quarter in the previous year, the firm earned $0.73 earnings per share. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. 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 fiscal year.

CocaCola Announces Dividend

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

Insider Buying and Selling

In related news, EVP Jennifer K. Mann sold 100,000 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares in the company, valued at approximately $14,412,772.64. The trade was a 35.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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, EVP Nancy Quan sold 31,625 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 899,905 shares of company stock worth $71,832,315. Corporate insiders own 0.90% of the company’s stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts at Jefferies and Bank of America expect solid second-quarter results, citing resilient demand, steady volume trends, and stronger organic sales growth; Jefferies also sees a modest earnings beat. Coca-Cola expected to post solid second-quarter results as analysts highlight resilient demand
• Positive Sentiment: Bank of America raised its price target on KO to $95 and reiterated a buy rating, while JPMorgan lifted its target to $90 and maintained an overweight view, signaling confidence in further upside. Benzinga report on Bank of America target raise Tickerreport report on JPMorgan target raise
• Positive Sentiment: Marriott announced a global beverage partnership making Coca-Cola its primary beverage provider across guestrooms, restaurants, lounges, and events, which could expand KO’s distribution in hospitality and boost long-term brand reach. Marriott International (MAR), Coca-Cola Company (KO) Announce Global Beverage Partnership
• Neutral Sentiment: Recent articles also highlighted Coca-Cola’s stock having already run up near the top of its 52-week range and discussed whether the shares are becoming expensive after the rally, which may temper enthusiasm but does not change the core business outlook. Coca-Cola (KO) Stock Drops Despite Market Gains: Important Facts to Note Is Coca-Cola (NYSE:KO) Too Rich After Its Run?
• Negative Sentiment: One recent trading update noted KO fell in the prior session despite broader market strength, suggesting some short-term profit-taking after its strong move. Coca-Cola (KO) Stock Drops Despite Market Gains: Important Facts to Note

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.