Harbour Wealth Management Group Inc. Acquires New Stake in CocaCola Company (The) $KO

Posted by Geri Gentry on Jun 23rd, 2026

Harbour Wealth Management Group Inc. bought a new stake in CocaCola Company (The) (NYSE:KO – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,894 shares of the company’s stock, valued at approximately $752,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Anfield Capital Management LLC increased its position in shares of 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 last quarter. Headlands Technologies LLC purchased a new position in shares of CocaCola in the second quarter worth approximately $26,000. Evolution Wealth Management Inc. grew its position in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock valued at $27,000 after buying an additional 357 shares during the period. Daytona Street Capital LLC bought a new stake in CocaCola during the fourth quarter valued at approximately $29,000. Finally, Elevated Capital Advisors LLC purchased a new stake in CocaCola during the fourth quarter valued at approximately $30,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

Positive Sentiment: Analysts continue to highlight Coca-Cola’s low-beta, defensive profile as attractive in a steady-rate environment, which can support demand for the stock among income and safety-focused investors.
Positive Sentiment: Recent commentary suggests KO’s 2026 growth is being driven by a healthier mix of pricing power, volume gains, affordability initiatives, and innovation, reinforcing the company’s earnings resilience.
Neutral Sentiment: Market coverage also emphasized Coca-Cola’s long record of dividend growth and its broad global footprint, underscoring the stock’s appeal as a stable blue-chip holding.
Negative Sentiment: The biggest headline risk is the IRS transfer-pricing case, now in federal appeals court, which could leave Coca-Cola on the hook for up to $20 billion in additional taxes and interest if it loses. Article Title

CocaCola Price Performance

NYSE KO opened at $79.66 on Tuesday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $84.04. The stock has a market cap of $342.72 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 3.17 and a beta of 0.35. The company’s 50 day moving average is $79.06 and its two-hundred day moving average is $76.02. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $12.47 billion for the quarter, compared to the consensus estimate of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. CocaCola’s payout ratio is 66.67%.

Insider Activity at CocaCola

In related news, EVP Jennifer K. Mann sold 100,000 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares of the company’s stock, valued at approximately $14,412,772.64. This represents a 35.54% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $80.13, for a total value of $34,960,398.48. Following the completion of the sale, the chairman owned 122,833 shares of the company’s stock, valued at $9,842,608.29. The trade was a 78.03% 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. In the last quarter, insiders have sold 899,905 shares of company stock worth $71,832,315. 0.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

KO has been the topic of several analyst reports. Citigroup lifted their price target on shares of CocaCola from $90.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. TD Cowen upped their price objective on CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft upped their price objective on CocaCola from $83.00 to $86.00 and gave the stock a “buy” rating in a research note on Monday, March 30th. UBS Group lifted their target price on CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley set a $89.00 target price on CocaCola in a research report on Wednesday, June 10th. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.69.

View Our Latest Report on CocaCola

CocaCola Profile

(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.