Daiwa Securities Group Inc. Increases Stock Holdings in CocaCola Company (The) $KO

Daiwa Securities Group Inc. lifted its stake in shares of CocaCola Company (The) (NYSE:KO) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 843,606 shares of the company’s stock after acquiring an additional 55,549 shares during the period. Daiwa Securities Group Inc.’s holdings in CocaCola were worth $58,976,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Verus Capital Partners LLC boosted its stake in shares of CocaCola by 9.1% during the fourth quarter. Verus Capital Partners LLC now owns 8,830 shares of the company’s stock valued at $617,000 after acquiring an additional 734 shares during the last quarter. State of Wyoming acquired a new stake in shares of CocaCola during the fourth quarter valued at $158,000. Cibc World Market Inc. boosted its stake in shares of CocaCola by 4.8% during the fourth quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company’s stock valued at $123,010,000 after acquiring an additional 79,946 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of CocaCola by 7.7% during the fourth quarter. Sivia Capital Partners LLC now owns 9,567 shares of the company’s stock valued at $669,000 after acquiring an additional 685 shares during the last quarter. Finally, Greenspring Advisors LLC boosted its stake in shares of CocaCola by 124.9% during the fourth quarter. Greenspring Advisors LLC now owns 16,257 shares of the company’s stock valued at $1,137,000 after acquiring an additional 9,027 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

Wall Street Analysts Forecast Growth

KO has been the topic of a number of analyst reports. Truist Financial set a $85.00 price objective on CocaCola in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft increased their price objective on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a research note on Monday, March 30th. Citigroup increased their price objective on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Weiss Ratings raised CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Finally, Morgan Stanley set a $88.00 price objective on CocaCola in a research note on Wednesday, March 11th. Fifteen research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, CocaCola currently has a consensus rating of “Buy” and a consensus price target of $86.80.

Insider Activity

In other news, Chairman James Quincey sold 200,000 shares of CocaCola stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $78.90, for a total value of $15,780,000.00. Following the transaction, the chairman directly owned 78,155 shares of the company’s stock, valued at $6,166,429.50. The trade was a 71.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction dated 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 represents a 12.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 255,505 shares of company stock valued at $20,187,007 in the last three months. Corporate insiders own 0.90% of the company’s stock.

CocaCola Stock Down 2.4%

Shares of NYSE:KO opened at $76.91 on Friday. The stock’s 50-day moving average price is $78.00 and its two-hundred day moving average price is $75.29. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $82.66. The firm has a market cap of $330.89 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 3.15 and a beta of 0.35.

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 return on equity of 40.55% and a net margin of 27.80%.The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same period last year, the company earned $0.73 EPS. 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. On average, research analysts forecast that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Investors are still being reminded that Coca-Cola has steady demand, disciplined pricing, and product innovation supporting its long-term outlook. Coca-Cola Stock Rises 12.1% YTD: Buy Now or Wait for a Pullback?
• Positive Sentiment: The company’s India bottling-unit spin-off idea could unlock hidden value and improve long-term margins if executed well. Coke’s $10B India IPO Plan Pops the Top on Hidden Value
• Neutral Sentiment: Coca-Cola is attracting investor attention, but the article does not point to a new catalyst; it mainly reflects heightened market interest in the stock. CocaCola Company (The) (KO) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Analysts are comparing KO’s performance with other consumer staples names, which underscores its relative strength but does not change the near-term story by itself. Is Coca-Cola (KO) Outperforming Other Consumer Staples Stocks This Year?
• Negative Sentiment: CFO John Murphy said Coca-Cola is adjusting pricing and packaging because consumer spending is becoming more uneven, signaling pressure on demand from lower- and middle-income shoppers. Coca-Cola Adapts Pricing Strategy as Consumer Spending Patterns Diverge (KO)
• Negative Sentiment: New warnings about consumer weakness and “Middle East risks” may add uncertainty around near-term sales and margin stability. Coca-Cola (KO) Sounds the Alarm on Consumers and Warns of ‘Middle East Risks’

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.