Eurizon Capital SGR S.p.A. Makes New $260.92 Million Investment in CocaCola Company (The) $KO

Eurizon Capital SGR S.p.A. bought a new position in shares of CocaCola Company (The) (NYSE:KO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,731,297 shares of the company’s stock, valued at approximately $260,916,000. CocaCola comprises approximately 0.8% of Eurizon Capital SGR S.p.A.’s investment portfolio, making the stock its 18th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Anfield Capital Management LLC boosted its position in shares of CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after acquiring an additional 294 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of CocaCola during the 2nd quarter valued at about $26,000. Daytona Street Capital LLC acquired a new position in shares of CocaCola during the 4th quarter valued at about $29,000. Cloud Capital Management LLC acquired a new position in shares of CocaCola during the 3rd quarter valued at about $27,000. Finally, Elevated Capital Advisors LLC acquired a new position in shares of CocaCola during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on KO. Jefferies Financial Group boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, March 16th. JPMorgan Chase & Co. boosted their price target on shares of CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Evercore reissued an “outperform” rating and set a $85.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. TD Cowen boosted their price target on shares of CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research report on Wednesday, February 11th. Fifteen analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $86.80.

Insider Buying and Selling at CocaCola

In other news, insider Bruno Pietracci sold 28,765 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total transaction of $2,284,228.65. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Nancy Quan sold 31,625 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at $18,074,096.90. This 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. In the last three months, insiders have sold 630,963 shares of company stock valued at $50,016,979. Corporate insiders own 0.90% of the company’s stock.

CocaCola Trading Down 1.8%

NYSE KO opened at $78.96 on Friday. The firm’s 50-day moving average is $77.75 and its two-hundred day moving average is $75.06. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.66. 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 stock has a market capitalization of $339.71 billion, a P/E ratio of 24.83, a PEG ratio of 3.21 and a beta of 0.35.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $12.24 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. CocaCola’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola’s dividend payout ratio is presently 66.67%.

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.