VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in CocaCola Company (The) (NYSE:KO – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 252,628 shares of the company’s stock, valued at approximately $20,531,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in CocaCola by 13.3% during the 4th 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 during the period. Revolve Wealth Partners LLC raised its position in shares of CocaCola by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company’s stock valued at $548,000 after acquiring an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of CocaCola in the 1st quarter valued at $210,000. Jump Financial LLC lifted its stake in shares of CocaCola by 450.5% in 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. boosted its position in shares of CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company’s stock worth $75,000 after purchasing an additional 899 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the sale, the executive vice president directly owned 157,400 shares in the company, valued at approximately $13,128,734. This trade represents a 13.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the transaction, the chief financial officer directly owned 279,917 shares in the company, valued at approximately $24,439,553.27. The trade was a 35.26% decrease in their position. 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 sold 950,604 shares of company stock worth $85,076,219 in the last three months. 0.90% of the stock is owned by corporate insiders.
CocaCola Stock Performance
CocaCola (NYSE:KO – Get Free Report) last posted its earnings results 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 return on equity of 39.38% and a net margin of 28.56%.The firm had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $13.17 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. The company’s 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, research analysts predict that CocaCola Company will post 3.29 EPS for the current year.
CocaCola Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 15th. CocaCola’s payout ratio is 63.66%.
Trending Headlines about CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Wall Street continues to favor Coca-Cola over PepsiCo despite PepsiCo’s lower valuation and approximately 4.2% dividend yield. Coca-Cola’s consistent performance and stronger investor sentiment are supporting the stock’s premium positioning. Pepsi is dirt cheap with a 4.2% dividend yield. Here’s why Wall Street is favoring Coca-Cola instead
- Positive Sentiment: Analysts and investors are highlighting KO as a defensive blue-chip leader among Coca-Cola, Johnson & Johnson, and Procter & Gamble. Its stronger returns reinforce demand for dependable consumer brands during uncertain markets. Which Defensive Stock Has Dominated in 2026
- Positive Sentiment: Recent operating results provide fundamental support: Coca-Cola exceeded quarterly earnings and revenue expectations, with revenue up 6.2% year over year. Full-year 2026 earnings guidance remains about $3.27 to $3.30 per share.
- Neutral Sentiment: Commentary describes Coca-Cola as a well-run Dividend King that is performing well, but investors are debating whether the recent run has already captured much of the upside. Coca-Cola: Buy, Sell, or Hold After Its Recent Run?
- Negative Sentiment: Near-record trading levels and a relatively elevated valuation could limit further gains or make the stock vulnerable to profit-taking if growth slows. One article specifically questions whether the rally can continue or whether “the fizz” is about to fade. Up 26% in 2026, Is Coca-Cola a Buy Near an All-Time High?
- Neutral Sentiment: Announcements concerning Coca-Cola ?çecek A.?.’s regional subsidiaries and approval to issue up to $1 billion in overseas debt relate to a separate bottling affiliate, not directly to Coca-Cola Company’s core stock.
Analyst Ratings Changes
A number of brokerages recently commented on KO. Wells Fargo & Company lifted their price objective on CocaCola from $90.00 to $95.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group restated a “neutral” rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Royal Bank Of Canada boosted their target price on CocaCola from $87.00 to $96.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Piper Sandler increased their price target on shares of CocaCola from $88.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group lifted their price objective on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.
Read Our Latest Stock Analysis on CocaCola
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.
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