Resona Asset Management Co. Ltd. Increases Stake in CocaCola Company (The) $KO

06 Nov 2025, 05:46 by Scott Moore · The Cerbat Gem

Resona Asset Management Co. Ltd. grew its stake in CocaCola Company (The) (NYSE:KO – Free Report) by 5.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,493,593 shares of the company’s stock after buying an additional 82,268 shares during the quarter. CocaCola comprises 0.5% of Resona Asset Management Co. Ltd.’s portfolio, making the stock its 29th largest holding. Resona Asset Management Co. Ltd.’s holdings in CocaCola were worth $105,570,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in KO. Nuveen LLC acquired a new stake in shares of CocaCola during the 1st quarter worth about $1,508,657,000. Wellington Management Group LLP raised its position in shares of CocaCola by 52.7% during the 1st quarter. Wellington Management Group LLP now owns 47,447,430 shares of the company’s stock worth $3,398,185,000 after acquiring an additional 16,383,870 shares in the last quarter. Boston Partners acquired a new stake in shares of CocaCola during the 1st quarter worth about $642,183,000. Raymond James Financial Inc. raised its position in shares of CocaCola by 47.4% during the 1st quarter. Raymond James Financial Inc. now owns 11,844,673 shares of the company’s stock worth $848,315,000 after acquiring an additional 3,810,752 shares in the last quarter. Finally, Amundi raised its position in shares of CocaCola by 16.0% during the 1st quarter. Amundi now owns 21,236,315 shares of the company’s stock worth $1,554,074,000 after acquiring an additional 2,922,619 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company’s stock.

CocaCola Trading Down 0.2%

NYSE:KO opened at $68.53 on Thursday. The firm has a market cap of $294.79 billion, a P/E ratio of 22.69, a PEG ratio of 3.57 and a beta of 0.43. The company has a current ratio of 1.21, a quick ratio of 1.00 and a debt-to-equity ratio of 1.30. The stock’s 50 day simple moving average is $67.71 and its 200-day simple moving average is $69.58. CocaCola Company has a 12-month low of $60.62 and a 12-month high of $74.38.

CocaCola (NYSE:KO – Get Free Report) last released its earnings results on Thursday, March 27th. The company reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $11.40 billion for the quarter. CocaCola had a return on equity of 43.62% and a net margin of 27.34%. Equities analysts anticipate that CocaCola Company will post 2.96 EPS for the current year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a $0.51 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.0%. CocaCola’s payout ratio is presently 67.55%.

Insider Buying and Selling

In other news, EVP Monica Howard Douglas sold 13,548 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $69.93, for a total value of $947,411.64. Following the transaction, the executive vice president owned 37,725 shares of the company’s stock, valued at approximately $2,638,109.25. The trade was a 26.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Max R. Levchin purchased 7,206 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The stock was acquired at an average price of $69.87 per share, for a total transaction of $503,483.22. Following the completion of the purchase, the director owned 14,267 shares of the company’s stock, valued at approximately $996,835.29. This represents a 102.05% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. BNP Paribas reissued an “outperform” rating and set a $83.00 target price on shares of CocaCola in a research report on Monday, July 21st. JPMorgan Chase & Co. raised their price target on CocaCola from $77.00 to $79.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 23rd. Piper Sandler raised their price target on CocaCola from $80.00 to $81.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Evercore ISI restated an “outperform” rating on shares of CocaCola in a research note on Tuesday, October 21st. Finally, Barclays restated an “overweight” rating on shares of CocaCola in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company’s stock. According to MarketBeat, CocaCola has an average rating of “Buy” and an average target price of $78.31.

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