California State Teachers Retirement System Reduces Stock Position in CocaCola Company (The) $KO

California State Teachers Retirement System reduced its holdings in shares of CocaCola Company (The) (NYSE:KO) by 2.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,530,473 shares of the company’s stock after selling 149,091 shares during the quarter. CocaCola comprises 0.5% of California State Teachers Retirement System’s investment portfolio, making the stock its 28th biggest position. California State Teachers Retirement System’s holdings in CocaCola were worth $496,642,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of CocaCola by 13.3% during the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company’s stock worth $2,433,000 after acquiring an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC boosted 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 acquiring an additional 293 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of CocaCola in the first quarter valued at $210,000. Jump Financial LLC grew its position in shares of CocaCola by 450.5% in the second 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 in the last quarter. Finally, Osterweis Capital Management Inc. raised its stake in shares of 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. 70.26% of the stock is owned by institutional investors.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Quarterly results beat expectations. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.92-$0.93 analyst consensus, while revenue reached approximately $13.37 billion, up 6.2%-7% year over year and ahead of estimates. Net income attributable to shareholders rose 16% to $4.43 billion. Coca-Cola Reports Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Demand and market share remained resilient. Global unit-case volume increased 5%, reportedly Coca-Cola’s strongest quarterly volume growth in 17 years. The company gained value share despite economic pressure, helped by zero-sugar beverages, fairlife and affordable offerings such as an extra-caffeinated Mr. Pibb. Coca-Cola hails World Cup hydration breaks as it lifts annual forecasts
• Positive Sentiment: Management raised 2026 guidance. Coca-Cola now expects approximately 5% organic revenue growth, compared with prior guidance of 4%-5%, and comparable EPS growth of 9%-10%, up from 8%-9%. The company’s reported FY 2026 EPS guidance is $3.27-$3.30. The FIFA World Cup provided an additional marketing and consumption boost. Coca-Cola Lifts 2026 Earnings Outlook as Second-Quarter Results Top Views
• Neutral Sentiment: The strong rally leaves KO trading near the top of its yearly range, with a P/E ratio around 28 and a PEG ratio above 3. Investors may therefore expect continued execution before assigning further valuation expansion.
• Neutral Sentiment: Broader market rotation from technology stocks into Dow blue chips also supported investor attention, although the primary catalyst was Coca-Cola’s earnings and guidance update.

CocaCola Trading Up 5.2%

Shares of KO stock opened at $88.44 on Wednesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $90.22. The company has a market capitalization of $380.51 billion, a PE ratio of 27.81, a price-to-earnings-growth ratio of 3.41 and a beta of 0.34. The business’s fifty day moving average is $81.62 and its 200 day moving average is $78.39.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.The company had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. During the same quarter last year, the company earned $0.87 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities research analysts anticipate that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on KO shares. TD Cowen increased their price objective on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Truist Financial set a $88.00 target price on CocaCola in a report on Friday, June 26th. Piper Sandler reiterated an “overweight” rating on shares of CocaCola in a research report on Friday, June 26th. Citigroup increased their price target on shares of CocaCola from $91.00 to $97.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Finally, Barclays raised their price objective on shares of CocaCola from $89.00 to $91.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Fourteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $90.06.

Insider Activity

In related news, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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 transaction of $34,960,398.48. Following the sale, the chairman owned 122,833 shares of the company’s stock, 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 90 days, insiders sold 899,905 shares of company stock worth $71,832,315. 0.90% of the stock is currently owned by insiders.

About CocaCola

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.