Oakmont Investment Advisors Inc. Invests $477,000 in CocaCola Company (The) $KO

Oakmont Investment Advisors Inc. bought a new position in shares of CocaCola Company (The) (NYSE:KO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,864 shares of the company’s stock, valued at approximately $477,000.

Other large investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in CocaCola during the 4th quarter worth approximately $3,865,807,000. Cardano Risk Management B.V. lifted its stake in CocaCola by 867.2% during the 4th quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock valued at $1,008,954,000 after acquiring an additional 12,939,959 shares during the period. Marshall Wace LLP boosted its holdings in shares of CocaCola by 1,206.9% in the 4th quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock valued at $743,913,000 after acquiring an additional 9,826,768 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of CocaCola by 29.2% in the 4th quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after acquiring an additional 9,078,447 shares during the last quarter. Finally, Capital World Investors increased its stake in shares of CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock worth $879,015,000 after acquiring an additional 6,246,627 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Activity

In related news, insider Bruno Pietracci sold 111,365 shares of CocaCola stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the transaction, the insider owned 41,365 shares in the company, valued at $3,761,319.45. The trade was a 72.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $20,186,798.70. The trade was a 18.29% 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 three months, insiders sold 1,050,604 shares of company stock worth $93,022,219. 0.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on KO shares. Royal Bank Of Canada raised their target price on shares of CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. UBS Group set a $104.00 price target on shares of CocaCola and gave the company a “buy” rating in a report on Wednesday, July 29th. Piper Sandler increased their price target on CocaCola from $88.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Evercore reiterated an “outperform” rating and set a $100.00 price objective on shares of CocaCola in a research note on Tuesday, July 28th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $86.00 price objective (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $95.76.

CocaCola Stock Performance

KO opened at $88.05 on Friday. The firm has a fifty day moving average price of $86.10 and a 200 day moving average price of $81.18. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $92.49. The stock has a market cap of $378.84 billion, a P/E ratio of 26.44, a P/E/G ratio of 3.46 and a beta of 0.34. 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 released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating 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 company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter last year, the business earned $0.87 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities research analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

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

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola remains attractive to income-focused investors after extending its dividend-growth streak to 64 consecutive years. Its global brands and pricing power are viewed as defenses against inflation and a weaker dollar. Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker Dollar
• Positive Sentiment: Recent operating momentum remains supportive: second-quarter net revenue increased about 7% to $13.38 billion, organic revenue rose 6%, global unit case volume grew 5%, and comparable operating margin expanded to 35.6%. Management also raised full-year guidance in July. Safety Stocks Are Not What They Used to Be: 4 Names Built for a Weaker Dollar
• Neutral Sentiment: Analysts continue to treat KO as a highly defensive consumer-staples holding, with its stable demand and dividend history compared favorably with PepsiCo. However, the stock’s roughly 26% year-to-date gain has made valuation a more important part of the investment case. PepsiCo vs. Coca-Cola: Which Stock Has the Edge?
• Negative Sentiment: Valuation concerns are becoming more prominent near the stock’s highs. Commentary has cited a forward P/E around 25.7 times, a modest dividend yield, and limited upside relative to several analyst price targets. Investors are also watching potential volume pressure from nutrition-program restrictions. Coca-Cola Stock Opinions on Recent Highs and Valuation Concerns
• Negative Sentiment: Quiver Quantitative data shows 24 insider sales and no insider purchases over the past six months. While such transactions may reflect compensation or diversification, the imbalance can reinforce profit-taking concerns after the strong rally. Coca-Cola Stock Opinions on Recent Highs and Valuation Concerns

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.