State of Alaska Department of Revenue Sells 12,604 Shares of CocaCola Company (The) $KO

State of Alaska Department of Revenue trimmed its position in CocaCola Company (The) (NYSE:KO) by 3.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 387,470 shares of the company’s stock after selling 12,604 shares during the period. State of Alaska Department of Revenue’s holdings in CocaCola were worth $33,353,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Banco Santander S.A. increased its position 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 acquiring an additional 32,723 shares during the last quarter. Daymark Wealth Partners LLC raised its stake in shares of CocaCola by 68.5% in the 2nd quarter. Daymark Wealth Partners LLC now owns 218,199 shares of the company’s stock valued at $17,733,000 after acquiring an additional 88,690 shares during the period. Moore Capital Management LP purchased a new stake in shares of CocaCola in the 2nd quarter valued at approximately $12,905,000. CX Institutional lifted its holdings in shares of CocaCola by 402.3% in the 3rd quarter. CX Institutional now owns 163,248 shares of the company’s stock worth $14,052,000 after acquiring an additional 130,746 shares during the last quarter. Finally, Cidel Asset Management Inc. lifted its holdings in shares of CocaCola by 2,091.3% in the 2nd quarter. Cidel Asset Management Inc. now owns 361,934 shares of the company’s stock worth $29,414,000 after acquiring an additional 345,417 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Nancy Quan sold 50,000 shares of CocaCola stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total value of $4,519,500.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares in the company, valued at approximately $20,186,798.70. This trade represents a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of CocaCola stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the transaction, the insider owned 41,365 shares of the company’s stock, valued at approximately $3,761,319.45. This trade represents a 72.92% 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. In the last 90 days, insiders sold 926,620 shares of company stock valued at $83,075,714. 0.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of CocaCola from $96.00 to $95.00 and set an “overweight” rating for the company in a research report on Monday, September 28th. Royal Bank Of Canada boosted their target price on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Evercore restated an “outperform” rating and set a $100.00 price target (up from $88.00) on shares of CocaCola in a research note on Tuesday, July 28th. Barclays raised their price target on CocaCola from $91.00 to $93.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $95.00 price objective (up from $88.00) on shares of CocaCola in a research note on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $96.05.

CocaCola Stock Up 0.7%

CocaCola stock traded up $0.69 during mid-day trading on Thursday, reaching $92.47. 7,538,932 shares of the company’s stock were exchanged, compared to its average volume of 16,812,227. 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 Company has a twelve month low of $67.16 and a twelve month high of $94.10. The company has a market cap of $397.84 billion, a P/E ratio of 27.77, a P/E/G ratio of 3.51 and a beta of 0.32. The company has a fifty day moving average of $88.24 and a 200-day moving average of $83.16.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts expect that CocaCola Company will post 3.30 EPS for the current year.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong momentum and relative performance: KO recently moved above its 50-day moving average and has gained roughly 34% in 2026, outperforming many consumer-staples peers. Brand strength, pricing, product innovation and operating efficiency are cited as drivers. Coca-Cola Stock Breaks Above 50-Day Moving Average
• Positive Sentiment: Favorable analyst backdrop: The average brokerage recommendation remains equivalent to a Buy, while Zacks has highlighted KO among high-performing consumer-staples stocks for a stable fourth-quarter portfolio. High-Flying Consumer Staples Stocks
• Positive Sentiment: Relative advantage versus PepsiCo: Coca-Cola has raised its full-year adjusted earnings guidance, while PepsiCo lowered its outlook amid rising costs and weak North American volumes. This may reinforce KO’s defensive appeal. Coca-Cola Versus PepsiCo
• Neutral Sentiment: Upcoming catalysts: Investors are monitoring Coca-Cola’s expected October 27 third-quarter earnings report and reports about a potential Costa Coffee sale. Continued attention from investors and financial media could support trading interest, but neither development has been confirmed as a material earnings catalyst. Coca-Cola Latest Company Updates
• Positive Sentiment: Portfolio and innovation appeal: Coca-Cola’s 63-year record of dividend increases and efforts to compete in emerging functional-soda categories such as Poppi and Olipop support its long-term income and growth narrative.
• Negative Sentiment: Valuation and cash-flow concerns: KO’s strong run has created valuation risk, with commentary questioning whether its premium is justified. Separately, last year’s dividend payments exceeded free cash flow by billions, raising concerns about the sustainability of future dividend growth. Coca-Cola Dividend Sustainability

About CocaCola

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.