Flputnam Investment Management Co. Buys 160,073 Shares of CocaCola Company (The) $KO

Flputnam Investment Management Co. boosted its stake in shares of CocaCola Company (The) (NYSE:KO) by 42.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 540,283 shares of the company’s stock after buying an additional 160,073 shares during the quarter. CocaCola accounts for 0.5% of Flputnam Investment Management Co.’s investment portfolio, making the stock its 29th biggest position. Flputnam Investment Management Co.’s holdings in CocaCola were worth $43,909,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of KO. Anfield Capital Management LLC boosted its holdings in shares of CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares during the last quarter. Louisbourg Investments Inc. bought a new stake in shares of CocaCola in the 1st quarter valued at about $25,000. Headlands Technologies LLC bought a new stake in shares of CocaCola in the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. lifted its stake in CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after purchasing an additional 357 shares during the last quarter. Finally, Guardian Partners Inc. bought a new position in CocaCola during the second quarter worth about $27,000. 70.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at CocaCola

In related news, CFO John Murphy sold 152,483 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the sale, the chief financial officer directly owned 279,917 shares in the company, valued at $24,439,553.27. The trade was a 35.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 145,947 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $90.09, for a total transaction of $13,148,365.23. Following the completion of the sale, the chairman directly owned 122,833 shares of the company’s stock, valued at approximately $11,066,024.97. The trade was a 54.30% decrease in their position. 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 1,594,900 shares of company stock worth $136,568,617 in the last 90 days. Company insiders own 0.90% of the company’s stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Defensive-sector demand is supporting KO. Market commentary points to Coca-Cola’s stable cash flows and relatively low volatility as attractive while investors seek safety and quality amid changing interest-rate expectations. Why is Coca-Cola drawing steady demand as staples turn defensive today?
• Positive Sentiment: Zacks upgraded Coca-Cola to Rank #2, or “Buy.” The upgrade reflects improving expectations for the company’s earnings prospects and could provide a near-term sentiment boost. Coca-Cola upgraded to Buy
• Positive Sentiment: Recent operating momentum remains constructive. Coca-Cola’s latest quarter included revenue growth of about 6% year over year and an earnings beat, while the company maintains fiscal 2026 EPS guidance of $3.27–$3.30.
• Neutral Sentiment: Institutional positioning is mixed but leans supportive. More institutions added KO shares than reduced them in the latest quarter, with notable additions from JPMorgan, Geode and Capital World Investors, although BlackRock, Capital Research and Invesco trimmed positions.
• Neutral Sentiment: Analyst support is positive, but valuation may limit upside. Barclays and JPMorgan maintain “Overweight” ratings, while the reported median price target of $89.50 is close to the current trading level. Commentary also describes the valuation as stretched. Coca-Cola upgraded to Buy
• Negative Sentiment: Insider selling is a cautionary signal. Company insiders made 30 open-market sales and no purchases over the past six months, including substantial sales by Chairman James Quincey and other senior executives.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “buy (b+)” rating on shares of CocaCola in a research report on Friday, July 31st. Argus lifted their target price on CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Truist Financial set a $88.00 target price on CocaCola in a report on Friday, June 26th. Wells Fargo & Company increased their price target on CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their price target on CocaCola from $90.00 to $96.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $95.76.

CocaCola Stock Up 0.6%

CocaCola stock opened at $89.63 on Friday. The stock has a market cap of $385.64 billion, a P/E ratio of 26.92, a P/E/G ratio of 3.13 and a beta of 0.33. 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 Company has a twelve month low of $65.35 and a twelve month high of $92.49. The company’s 50-day moving average price is $85.32 and its two-hundred day moving average price is $80.83.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $13.17 billion. During the same period last year, the business posted $0.87 earnings per share. The business’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. As a group, analysts expect that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is presently 63.66%.

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.