Manning & Napier Advisors LLC Sells 1,870,613 Shares of CocaCola Company (The) $KO

Manning & Napier Advisors LLC lessened its stake in CocaCola Company (The) (NYSE:KO) by 99.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,037 shares of the company’s stock after selling 1,870,613 shares during the period. Manning & Napier Advisors LLC’s holdings in CocaCola were worth $213,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of KO. Anfield Capital Management LLC lifted its stake in shares of CocaCola by 438.8% in the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after acquiring an additional 294 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of CocaCola in the 2nd quarter valued at about $26,000. Marquette Asset Management LLC bought a new stake in shares of CocaCola in the 3rd quarter valued at about $27,000. Cloud Capital Management LLC bought a new stake in shares of CocaCola in the 3rd quarter valued at about $27,000. Finally, Daytona Street Capital LLC bought a new stake in shares of CocaCola in the 4th quarter valued at about $29,000. Institutional investors own 70.26% of the company’s stock.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for Coca-Cola to $3.26, signaling confidence that full-year earnings should meet expectations. CocaCola stock page
• Positive Sentiment: Zacks and Erste Group Bank also lifted select future-year estimates, including FY2027 and Q3 2026 forecasts, suggesting analysts see continued earnings resilience. CocaCola stock page
• Neutral Sentiment: A separate market commentary highlighted dividend stocks as attractive amid geopolitical uncertainty and recession worries, which may reinforce investor interest in defensive names like Coca-Cola. 2 Dividend Stocks That Are No-Brainer Buys in May
• Negative Sentiment: Not all revisions were higher: Zacks trimmed some quarterly and FY2028 estimates, indicating analysts still see some near-term earnings pressure in parts of the forecast period. CocaCola stock page

CocaCola Stock Performance

CocaCola stock opened at $78.40 on Monday. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $337.32 billion, a P/E ratio of 24.65, a PEG ratio of 3.13 and a beta of 0.35. The stock’s 50 day moving average is $77.03 and its 200 day moving average is $73.84. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.00.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, equities research analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. CocaCola’s dividend payout ratio is presently 66.67%.

Insider Buying and Selling

In related news, CEO James Quincey sold 250,688 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total value of $19,839,448.32. Following the sale, the chief executive officer owned 278,155 shares in the company, valued at $22,013,186.70. This represents a 47.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the sale, the executive vice president owned 223,330 shares in the company, valued at $17,754,735. The trade was a 9.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 555,101 shares of company stock worth $44,208,566 over the last three months. Corporate insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on KO. Morgan Stanley set a $88.00 target price on CocaCola in a research note on Wednesday, March 11th. UBS Group upped their price target on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. TD Cowen upped their price target on CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Wells Fargo & Company upped their price target on CocaCola from $79.00 to $87.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Citigroup upped their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $86.27.

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.