<div id="readability-page-1"><p>Johnson Financial Group LLC acquired a new position in  CocaCola Company (The) (NYSE:KO - Free Report) in the first quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  acquired 3,660 shares of the company's stock, valued at approximately $262,000.</p><ul><li>Trump GLP-1 Pilot Program Could Boost Novo Nordisk &amp; Eli Lilly</li></ul><p>Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in  CocaCola by 0.3% in the first quarter. Vanguard Group Inc. now owns 361,200,808 shares of the company's stock worth $25,869,202,000 after purchasing an additional 1,114,422 shares in the last quarter.  Northern Trust Corp increased its holdings in shares of  CocaCola by 9.5% during the fourth quarter. Northern Trust Corp now owns 43,802,296 shares of the company's stock valued at $2,727,131,000 after acquiring an additional 3,811,756 shares in the last quarter.  Capital International Investors increased its holdings in shares of  CocaCola by 96.0% during the fourth quarter. Capital International Investors now owns 24,949,194 shares of the company's stock valued at $1,553,337,000 after acquiring an additional 12,222,885 shares in the last quarter.  Fayez Sarofim &amp; Co increased its holdings in shares of  CocaCola by 6.7% during the fourth quarter. Fayez Sarofim &amp; Co now owns 18,408,210 shares of the company's stock valued at $1,148,609,000 after acquiring an additional 1,155,538 shares in the last quarter.  Finally, Dimensional Fund Advisors LP increased its holdings in shares of  CocaCola by 14.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 17,769,958 shares of the company's stock valued at $1,106,336,000 after acquiring an additional 2,284,429 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>KO has been the topic of several recent analyst reports. JPMorgan Chase &amp; Co. upped their price objective on shares of CocaCola from $77.00 to $79.00 and gave the company an &#34;overweight&#34; rating in a report on Wednesday, July 23rd. UBS Group lowered their price objective on CocaCola from $86.00 to $84.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, July 23rd. Cfra Research upgraded CocaCola to a &#34;strong-buy&#34; rating in a research report on Tuesday, April 15th. Morgan Stanley  reiterated an &#34;overweight&#34; rating and set a $81.00 target price on shares of CocaCola in a research report on Monday, June 9th. Finally, BNP Paribas  reissued an &#34;outperform&#34; rating and issued a $83.00 price objective on shares of CocaCola in a research note on Monday, July 21st. One research analyst  has rated the stock with a hold rating, fourteen have given a buy rating and two have issued  a strong buy rating to the company's stock. According to MarketBeat, CocaCola currently has a consensus rating of &#34;Buy&#34; and an average price target of $77.21.</p><ul><li>Why Coca-Cola Stock Is a Top Pick for Traders Today</li></ul><p><b>Check Out Our Latest Research Report on CocaCola</b></p><h2>Insider Activity</h2><p>In other news, insider Nikolaos Koumettis sold 37,396 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $69.10, for a total transaction of $2,584,063.60. Following the sale, the insider owned 209,513 shares of the company's stock, valued at approximately $14,477,348.30. This trade represents a 15.15% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, CEO James Quincey sold 266,403 shares of the firm's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $72.06, for a total value of $19,197,000.18. Following the sale, the chief executive officer directly owned 275,946 shares in the company, valued at $19,884,668.76. This trade represents a 49.12% decrease in their position. The disclosure for this sale can be found here. 0.97% of the stock is currently owned by company insiders. </p><h2>CocaCola Stock Performance</h2><ul><li>Coca-Cola  Q2 Margins Rise; Is KO Stock Undervalued?</li></ul><p>Shares of CocaCola stock opened at $70.32 on Friday. The business has a 50-day moving average of $70.13 and a 200 day moving average of $69.83. CocaCola Company has a 12 month low of $60.62 and a 12 month high of $74.38. The stock has a market capitalization of $302.63 billion, a price-to-earnings ratio of 24.94, a price-to-earnings-growth ratio of 3.67 and a beta of 0.44. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.21 and a quick ratio of 0.98. </p><p>CocaCola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.04. The company had revenue of $12.50 billion during the quarter, compared to analysts' expectations of $12.55 billion. CocaCola had a return on equity of 44.91% and a net margin of 25.89%. CocaCola's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the business posted $0.84 EPS.  As a group, sell-side analysts forecast that  CocaCola Company will post 2.96 earnings per share for the current year. </p><h2>CocaCola Announces Dividend</h2><p>The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, September 15th. CocaCola's dividend payout ratio (DPR) is 72.34%. </p><h2>CocaCola Profile</h2> (Free Report)<p>The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.</p><h2>See Also</h2><ul><li>Five stocks we like better than CocaCola</li><li>Election Stocks: How Elections Affect the Stock Market</li><li>MarketBeat Week in Review – 08/04 - 08/08</li><li>How to Calculate Options Profits</li><li>Airbnb Beats Earnings, But the Growth Story Is Losing Altitude</li><li>How to Invest in Blue Chip Stocks</li><li>Netflix Bulls vs. Bears: Who Wins This Pullback?</li></ul><p><strong>Want to see what other hedge funds are holding KO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtP?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtP"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in CocaCola Right Now?</h2><p>Before you consider CocaCola, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CocaCola wasn't on the list.</p><p>While CocaCola currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Johnson Financial Group LLC has acquired 3,660 shares of CocaCola Company (NYSE:KO) valued at approximately $262,000, marking a new position for the firm. Other institutional investors, including Vanguard Group and Northern Trust, have also increased their stakes in CocaCola. Analysts have given the stock a consensus rating of "Buy" with a price target averaging $77.21. Recent insider sales were reported, with CEO James Quincey selling 266,403 shares. CocaCola's stock opened at $70.32, with a market cap of $302.63 billion and a P/E ratio of 24.94.</p>

- Johnson Financial Group LLC acquired 3,660 shares of CocaCola Company, valued at approximately $262,000, in the first quarter.  
- Other institutional investors, including Vanguard Group and Northern Trust Corp, also increased their stakes in CocaCola, which is now 70.26% owned by hedge funds and institutional investors.  
- CocaCola reported a Q2 EPS of $0.87, beating estimates, and announced a quarterly dividend of $0.51 per share, with a dividend yield of 2.9%.

3,660 Shares in CocaCola Company (The) (NYSE:KO) Purchased by Johnson Financial Group LLC