WNY Asset Management LLC Takes Position in CocaCola Company (The) $KO

Posted by on Aug 2nd, 2026

WNY Asset Management LLC bought a new stake in shares of CocaCola Company (The) (NYSE:KO – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,447 shares of the company’s stock, valued at approximately $718,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Anfield Capital Management LLC increased its position in CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after purchasing an additional 294 shares during the period. Louisbourg Investments Inc. purchased a new stake in shares of CocaCola in the 1st quarter worth about $25,000. Headlands Technologies LLC purchased a new stake in shares of CocaCola in the 2nd quarter worth about $26,000. Evolution Wealth Management Inc. boosted its stake in shares of CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after purchasing an additional 357 shares in the last quarter. Finally, Daytona Street Capital LLC bought a new stake in shares of CocaCola during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Key CocaCola News

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.

Insider Buying and Selling

In other news, EVP Jennifer K. Mann sold 23,984 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the completion of the transaction, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruno Pietracci sold 75,727 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the completion of the transaction, the insider owned 35,393 shares in the company, valued at approximately $3,172,982.45. The trade was a 68.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Over the last ninety days, insiders sold 1,502,719 shares of company stock valued at $126,087,452. 0.90% of the stock is owned by insiders.

CocaCola Price Performance

Shares of NYSE KO opened at $87.67 on Friday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $90.92. The company has a 50 day simple moving average of $82.04 and a two-hundred day simple moving average of $78.72. The company has a market capitalization of $377.18 billion, a price-to-earnings ratio of 26.33, a P/E/G ratio of 3.06 and a beta of 0.34. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.15 and a current ratio of 1.30.

CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $13.17 billion. During the same period in the previous year, the firm posted $0.87 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts expect that CocaCola Company will post 3.29 EPS for the current fiscal year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.4%. CocaCola’s payout ratio is presently 63.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group increased their price target on shares of CocaCola from $95.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday. HSBC downgraded CocaCola from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. UBS Group set a $104.00 target price on CocaCola and gave the company a “buy” rating in a research note on Wednesday. Argus lifted their price target on CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research report on Thursday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $86.00 price target (up from $82.00) on shares of CocaCola in a research note on Tuesday. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CocaCola currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.76.

Check Out Our Latest Report on KO

About CocaCola

(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.

Featured Stories

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Institutional Ownership by Quarter for CocaCola (NYSE:KO)

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