Soltis Investment Advisors LLC Purchases 8,319 Shares of CocaCola Company (The) $KO

Soltis Investment Advisors LLC grew its position in shares of CocaCola Company (The) (NYSE:KO) by 6.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,935 shares of the company’s stock after purchasing an additional 8,319 shares during the period. Soltis Investment Advisors LLC’s holdings in CocaCola were worth $10,479,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of KO. Eurizon SLJ Capital Ltd purchased a new position in CocaCola in the fourth quarter worth $552,000. Banco Santander S.A. grew its stake in shares of CocaCola by 3.1% during the second quarter. Banco Santander S.A. now owns 1,090,758 shares of the company’s stock valued at $88,646,000 after buying an additional 32,723 shares during the last quarter. King Luther Capital Management Corp increased its holdings in shares of CocaCola by 0.8% in the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company’s stock worth $269,330,000 after buying an additional 31,694 shares during the period. Cibc World Market Inc. increased its holdings in shares of CocaCola by 4.8% in the fourth quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company’s stock worth $123,010,000 after buying an additional 79,946 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of CocaCola in the 4th quarter valued at about $1,544,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola ranked among the leading consumer-staples companies for growth, reinforcing confidence in its ability to expand despite a relatively mature market. Coca-Cola leads consumer staples growth rankings
• Positive Sentiment: Analysts noted that Coca-Cola is adapting to changing consumer health preferences through flagship brands, product diversification and innovation across more beverage occasions. This may help protect long-term sales as consumers reduce consumption of traditional sugary drinks. Coca-Cola Faces Consumer Health Trend Shifts
• Positive Sentiment: Coca-Cola continues to attract attention as a potential long-term dividend compounder, appealing to investors seeking dependable income and stability amid a market environment that has favored speculation. 3 Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Executive Bruno Pietracci sold 111,365 KO shares for approximately $10.1 million, reducing his position by about 73%. The filing said the sale covered tax-withholding obligations tied to vested equity awards, making it less concerning than a discretionary sale but still a potential short-term sentiment overhang. Top Coca-Cola Executive Makes a Major Move
• Negative Sentiment: Valuation analysis suggests KO is closer to fairly valued than clearly undervalued. Its discounted-cash-flow estimate is near the current market price, while earnings multiples appear expensive after an 88% five-year return, potentially limiting upside for new buyers. Coca-Cola Stock Looks Cheap on Cash Flow but Pricey on Earnings

CocaCola Stock Performance

Shares of KO stock opened at $91.94 on Tuesday. The firm has a market capitalization of $395.59 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 3.18 and a beta of 0.33. The stock has a fifty day moving average of $84.49 and a 200 day moving average of $80.51. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $92.49. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the previous year, the firm earned $0.87 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, research analysts expect that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. CocaCola’s payout ratio is presently 63.66%.

Analyst Upgrades and Downgrades

KO has been the subject of several analyst reports. Piper Sandler increased their target price on CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Citigroup lifted their price target on CocaCola from $97.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Morgan Stanley reissued an “overweight” rating and set a $100.00 price objective (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. Argus raised their target price on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Finally, HSBC downgraded shares of CocaCola from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.76.

Insider Activity at CocaCola

In related news, Chairman James Quincey sold 436,296 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the completion of the transaction, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. This represents a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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. Also, CFO John Murphy sold 152,483 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the sale, the chief financial officer owned 279,917 shares of the company’s stock, valued at $24,439,553.27. This trade represents a 35.26% 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 1,594,900 shares of company stock valued at $136,568,617 over the last three months. Corporate insiders own 0.90% of the company’s stock.

CocaCola 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.