Glenmede Trust Co. NA raised its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 1.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 515,359 shares of the company’s stock after buying an additional 9,447 shares during the period. Glenmede Trust Co. NA’s holdings in CocaCola were worth $39,193,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KO. Norges Bank bought a new position in shares of CocaCola in the 4th quarter valued at about $3,865,807,000. Cardano Risk Management B.V. raised its holdings in CocaCola by 867.2% during the fourth quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company’s stock worth $1,008,954,000 after acquiring an additional 12,939,959 shares in the last quarter. Marshall Wace LLP raised its holdings in CocaCola by 1,206.9% during the fourth quarter. Marshall Wace LLP now owns 10,641,007 shares of the company’s stock worth $743,913,000 after acquiring an additional 9,826,768 shares in the last quarter. Bank of America Corp DE boosted its position in CocaCola by 29.2% during the fourth quarter. Bank of America Corp DE now owns 40,182,323 shares of the company’s stock valued at $2,809,146,000 after purchasing an additional 9,078,447 shares during the last quarter. Finally, Capital World Investors boosted its position in CocaCola by 98.7% during the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after purchasing an additional 6,246,627 shares during the last quarter. 70.26% of the stock is owned by institutional investors.
Key Headlines Impacting CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Strong second-quarter results remain the primary catalyst. Coca-Cola reported adjusted earnings of $0.97 per share, above the $0.93 consensus, while revenue increased 6.2% year over year to $13.37 billion, topping the $13.17 billion estimate. Global unit-case volume rose 5%, and management raised its 2026 earnings outlook to $3.27-$3.30 per share. Coca-Cola Q2 2026 Earnings Call Highlights
- Positive Sentiment: Premium beverages could support future revenue growth. Coca-Cola is using innovation, pricing and packaging to expand premium offerings and capture higher-value consumption occasions. Growth in Fairlife, zero-sugar products and favorable product mix also contributed to recent momentum. Can Coca-Cola’s Premium Beverage Strategy Boost Revenues?
- Positive Sentiment: Analyst targets moved higher. Jefferies raised its target to $104, TD Cowen to $100 and Argus to $97 with a Buy rating. Citigroup also forecast meaningful appreciation, helping reinforce the broadly Moderate Buy consensus.
- Neutral Sentiment: The dividend remains an income-supporting feature. Coca-Cola declared a quarterly dividend of $0.53 per share, or $2.12 annualized, representing an approximately 2.4% yield at recent prices. The company’s long dividend-growth record continues to appeal to defensive and income-focused investors. Coca-Cola Raised Its Full-Year Guidance
- Negative Sentiment: Valuation may be limiting near-term upside. With KO trading near its 52-week high at roughly 26 times earnings, HSBC cut the stock to Hold and argued that PepsiCo may offer better value. Coca-Cola Cut to Hold at HSBC
- Negative Sentiment: Insider selling creates a modest sentiment overhang. Chairman James Quincey sold approximately $13.1 million of shares, following a larger sale the prior day. The transactions were conducted under pre-arranged Rule 10b5-1 plans to cover tax withholding, making them less concerning than discretionary sales but still notable.
CocaCola Trading Down 0.9%
CocaCola (NYSE:KO – Get Free Report) last released 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. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts expect that CocaCola Company will post 3.29 earnings per share for the current year.
CocaCola Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. CocaCola’s payout ratio is presently 63.66%.
Analyst Ratings Changes
KO has been the subject of a number of analyst reports. Wells Fargo & Company raised their price target on CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group reiterated a “neutral” rating and set a $86.00 price objective (up from $82.00) on shares of CocaCola in a research note on Tuesday. UBS Group set a $104.00 price objective on CocaCola and gave the company a “buy” rating in a report on Wednesday. Barclays raised their target price on shares of CocaCola from $91.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Jefferies Financial Group boosted their target price on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, CocaCola has a consensus rating of “Moderate Buy” and an average price target of $95.76.
Check Out Our Latest Research Report on CocaCola
Insiders Place Their Bets
In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president directly owned 181,384 shares of the company’s stock, valued at $14,412,772.64. The trade was a 35.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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. Also, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,502,719 shares of company stock valued at $126,087,452 over the last 90 days. 0.90% of the stock is owned by insiders.
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.
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