NS Partners Ltd Has $34.74 Million Stock Position in CocaCola Company (The) $KO

NS Partners Ltd reduced its holdings in shares of CocaCola Company (The) (NYSE:KO) by 2.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 427,415 shares of the company’s stock after selling 9,580 shares during the quarter. CocaCola accounts for about 1.5% of NS Partners Ltd’s holdings, making the stock its 21st biggest holding. NS Partners Ltd’s holdings in CocaCola were worth $34,736,000 as of its most recent SEC filing.

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

Insider Buying and Selling at CocaCola

In other news, 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 transaction of $861,367.00. Following the transaction, the insider directly owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value 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. This trade represents a 54.30% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Over the last quarter, insiders sold 1,594,900 shares of company stock valued at $136,568,617. 0.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have commented on KO shares. Argus upped their price objective on shares of CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Seaport Research Partners set a $95.00 price target on shares of CocaCola in a research report on Friday, August 14th. Weiss Ratings restated a “buy (b+)” rating on shares of CocaCola in a research note on Friday, July 31st. Evercore reiterated an “outperform” rating and issued a $100.00 price objective on shares of CocaCola in a research note on Tuesday, July 28th. Finally, Royal Bank Of Canada boosted their target price on shares of CocaCola from $87.00 to $96.00 and gave the company an “outperform” 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 MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $95.76.

CocaCola Trading Down 0.9%

Shares of CocaCola stock opened at $88.84 on Tuesday. The company has a 50 day simple moving average of $85.51 and a two-hundred day simple moving average of $80.93. The firm has a market cap of $382.24 billion, a PE ratio of 26.68, a PEG ratio of 3.13 and a beta of 0.33. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $92.49. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12.

CocaCola (NYSE:KO) last issued its earnings results 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 return on equity of 39.38% and a net margin of 28.56%.The business had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. During the same quarter in the prior year, the firm earned $0.87 earnings per share. CocaCola’s revenue for the quarter was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts expect that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The firm 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. This represents a $2.12 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio is presently 63.66%.

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.