Royal Fund Management LLC trimmed its holdings in CocaCola Company (The) (NYSE:KO – Free Report) by 44.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 42,990 shares of the company’s stock after selling 33,904 shares during the quarter. Royal Fund Management LLC’s holdings in CocaCola were worth $3,701,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in KO. Curry Webb Wealth Management LLC acquired a new stake in shares of CocaCola in the third quarter worth about $77,000. Brookstone Capital Management boosted its stake in shares of CocaCola by 23.2% during the 3rd quarter. Brookstone Capital Management now owns 113,340 shares of the company’s stock worth $9,756,000 after acquiring an additional 21,377 shares in the last quarter. Ledyard National Bank boosted its stake in shares of CocaCola by 6.5% during the 3rd quarter. Ledyard National Bank now owns 44,400 shares of the company’s stock worth $3,822,000 after acquiring an additional 2,700 shares in the last quarter. NBT Bank N.A. acquired a new position in shares of CocaCola during the 3rd quarter valued at about $7,446,000. Finally, Root Financial Partners LLC increased its holdings in shares of CocaCola by 2.7% during the 3rd quarter. Root Financial Partners LLC now owns 11,680 shares of the company’s stock valued at $1,005,000 after acquiring an additional 303 shares during the last quarter. 70.26% of the stock is owned by institutional investors.
Insider Activity
In other CocaCola news, insider Bruno Pietracci sold 111,365 shares of CocaCola stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the transaction, the insider directly owned 41,365 shares of the company’s stock, valued at $3,761,319.45. The trade was a 72.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the transaction, the insider owned 62,105 shares of the company’s stock, valued at approximately $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 926,620 shares of company stock worth $83,075,714 over the last 90 days. Company insiders own 0.90% of the company’s stock.
CocaCola News Summary
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Defensive-sector rotation: Investors moved toward reliable, dividend-paying consumer and healthcare companies as broader large-cap stocks weakened, benefiting Coca-Cola’s safe-haven profile. Defensive consumer stocks article
- Positive Sentiment: Encouraging earnings setup: Coca-Cola reports third-quarter results before the market opens on October 27. Analysts are looking for more than $12.9 billion in sales, while the company enters the report after six consecutive EPS beats and previously raised its 2026 organic-revenue and earnings-growth outlook. Coca-Cola third-quarter earnings preview
- Positive Sentiment: KFC distribution win: KFC plans to return Coca-Cola beverages to roughly 3,600 U.S. restaurants beginning in early 2027, replacing PepsiCo products. The agreement could provide incremental fountain-volume growth and reinforce Coca-Cola’s commercial momentum. Coca-Cola KFC agreement article
- Positive Sentiment: Marketing investment: Coca-Cola selected agency partners as part of a global marketing review focused on data, technology and artificial intelligence, while retaining WPP Open X as its global media partner in most markets. Management expects the effort to strengthen consumer connections and support long-term growth. Coca-Cola marketing agency announcement
- Neutral Sentiment: Valuation limits upside: After a roughly 30%-plus annual gain, Coca-Cola trades at about 28 times earnings. Investors increasingly need evidence that pricing power, volume growth and margins can justify the premium.
- Negative Sentiment: Operational and legal risks: Pre-earnings analysis points to weak volumes in some key markets, while a law firm is investigating potential class-action claims related to a reported data breach. These issues could pressure results or create reputational and financial costs. Coca-Cola data breach investigation
Wall Street Analyst Weigh In
KO has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. The Goldman Sachs Group restated a “neutral” rating and issued a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Bank of America upped their target price on CocaCola from $95.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on CocaCola in a report on Friday, August 14th. Finally, HSBC increased their price target on CocaCola from $90.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $96.27.
Get Our Latest Report on CocaCola
CocaCola Stock Up 2.8%
CocaCola stock opened at $95.32 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. CocaCola Company has a fifty-two week low of $67.27 and a fifty-two week high of $95.37. The firm has a fifty day moving average price of $89.01 and a two-hundred day moving average price of $83.88. The firm has a market cap of $410.12 billion, a price-to-earnings ratio of 28.63, a P/E/G ratio of 3.61 and a beta of 0.32.
CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings results 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 company had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, analysts forecast that CocaCola Company will post 3.30 earnings per share for the current year.
CocaCola Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.53 per share. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 annualized dividend and a yield of 2.2%. CocaCola’s dividend payout ratio is presently 63.66%.
About CocaCola
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world’s most recognized soft drink brands.
The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.
The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.
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