First Manhattan CO. LLC. Grows Stock Position in CocaCola Company (The) $KO

Posted by Joseph Griffin on Jun 18th, 2026

First Manhattan CO. LLC. lifted its stake in CocaCola Company (The) (NYSE:KO – Free Report) by 1.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,023,302 shares of the company’s stock after buying an additional 14,898 shares during the period. First Manhattan CO. LLC.’s holdings in CocaCola were worth $71,539,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of KO. Brighton Jones LLC increased its holdings in shares of CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after buying an additional 4,591 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock worth $548,000 after buying an additional 293 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of CocaCola in the first quarter worth about $210,000. Jump Financial LLC increased its holdings in CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company’s stock valued at $2,800,000 after purchasing an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. increased its holdings in CocaCola by 548.2% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock valued at $75,000 after purchasing an additional 899 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola Stock Performance

CocaCola stock opened at $79.87 on Thursday. The stock’s 50 day simple moving average is $78.91 and its two-hundred day simple moving average is $75.86. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The stock has a market cap of $343.62 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 3.21 and a beta of 0.35. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $84.04.

CocaCola (NYSE:KO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion for the quarter, compared to analysts’ expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The business’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts expect that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

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

More CocaCola News

Here are the key news stories impacting CocaCola this week:

Positive Sentiment: KO is being highlighted as a blue-chip and defensive stock to own in a choppy market, with multiple articles noting its stability, brand strength, and income appeal. Dow Achieves a New Milestone: 4 Blue-Chip Stocks to Buy
Positive Sentiment: Several bullish pieces say Coca-Cola still has long-term growth catalysts that may not be fully reflected in the stock, including emerging-market expansion, pricing power, and margin improvement efforts. Coca-Cola: The Future Growth Catalysts Not Being Priced In
Positive Sentiment: KO is also being pitched as a dividend king and a stock that can keep rewarding patient investors, reinforcing its appeal to income-focused buyers. 3 Dividend Kings With Income, Stability, and a Possible Catalyst
Neutral Sentiment: Some coverage says Coca-Cola remains a trending stock and a widely watched name, but these articles are mostly attention generators rather than new fundamental catalysts. CocaCola Company (The) (KO) Is a Trending Stock: Facts to Know Before Betting on It
Neutral Sentiment: Another article frames KO as a candidate for long-term compounding alongside other iconic brands, but it does not introduce a specific new business or financial development. 3 Stocks That Have Made Long-Term Investors Rich (and Could Do It Again)
Negative Sentiment: One recent bearish view argues Coca-Cola’s valuation has become stretched, with forward earnings multiples in the mid-20s and a lower dividend yield reducing the stock’s relative attractiveness. Coca-Cola’s Dividend Is Strong But The Valuation Is Difficult To Get Bullish On

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of CocaCola stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction that occurred on 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 sale, the chairman directly owned 122,833 shares in the company, valued at approximately $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. In the last three months, insiders have sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

KO has been the topic of a number of research analyst reports. Weiss Ratings upgraded CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. UBS Group boosted their price target on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Citigroup boosted their price target on CocaCola from $90.00 to $91.00 and gave the company a “buy” rating in a report on Monday, May 18th. Barclays boosted their price target on CocaCola from $85.00 to $89.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Fifteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.69.

Read Our Latest Analysis on CocaCola

CocaCola Profile

(Free Report)

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.