Triton Financial Group Inc acquired a new stake in CocaCola Company (The) (NYSE:KO – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 40,618 shares of the company’s stock, valued at approximately $3,301,000. CocaCola accounts for about 1.9% of Triton Financial Group Inc’s investment portfolio, making the stock its 17th largest holding.
Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of CocaCola in the fourth quarter valued at approximately $3,865,807,000. Cardano Risk Management B.V. raised its position in CocaCola by 867.2% in 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 position in CocaCola by 1,206.9% in 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 lifted its holdings in CocaCola by 29.2% in 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 acquiring an additional 9,078,447 shares during the period. Finally, Capital World Investors lifted its holdings in CocaCola by 98.7% in the fourth quarter. Capital World Investors now owns 12,573,527 shares of the company’s stock valued at $879,015,000 after acquiring an additional 6,246,627 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and set a $100.00 price target on shares of CocaCola in a research note on Tuesday, July 28th. Argus raised their price objective on shares of CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a report on Friday, August 14th. Bank of America upped their target price on shares of CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, Jefferies Financial Group increased their target price on shares of CocaCola from $95.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $95.76.
CocaCola News Summary
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Analyst-model upgrade supports the shares. Zacks upgraded Coca-Cola to Rank #2 (Buy), citing improving earnings prospects. The company’s latest quarter also showed momentum, with revenue up 6.2% year over year and EPS of $0.97 exceeding consensus by $0.04. Coca-Cola Upgraded to Buy: Here’s What You Should Know
- Positive Sentiment: Defensive positioning is attracting demand. Market commentary indicates investors are favoring staples such as KO amid a more defensive trading environment. Coca-Cola’s relatively stable demand, strong margins and dividend profile can benefit from this rotation. Why is Coca-Cola drawing steady demand as staples turn defensive today?
- Positive Sentiment: Brand marketing could support seasonal sales. Coca-Cola launched a Fanta Halloween campaign designed to expand the brand’s presence during another major holiday period. The initiative is strategically positive, although its direct financial impact is not yet quantified. Coca-Cola launches Fanta Halloween campaign
- Neutral Sentiment: Post-earnings momentum is being reassessed. KO has gained since its latest earnings report, but analysts are watching estimate revisions and forward guidance to determine whether that performance can continue. Management’s full-year 2026 EPS guidance is $3.27–$3.30. Coca-Cola Up 1.1% Since Last Earnings Report: Can It Continue?
- Negative Sentiment: Higher bond yields pressure dividend-stock valuations. The 30-year Treasury yield has moved above 5.2%, making government bonds more competitive with Coca-Cola’s dividend and potentially weighing on income-oriented demand. The 30-Year U.S. Treasury Bond Now Has a Higher Yield Than Ford and Coca-Cola
Insider Activity at CocaCola
In related news, EVP Nancy Quan sold 50,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 223,330 shares of the company’s stock, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $87.31, for a total value of $13,313,290.73. Following the transaction, the chief financial officer directly owned 279,917 shares of the company’s stock, valued at $24,439,553.27. The trade was a 35.26% decrease in their position. 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. Insiders have sold a total of 1,594,900 shares of company stock valued at $136,568,617 in the last quarter. 0.90% of the stock is owned by corporate insiders.
CocaCola Stock Down 1.0%
CocaCola stock opened at $89.16 on Friday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $92.49. The firm has a market capitalization of $383.59 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 3.14 and a beta of 0.33. The stock’s fifty day moving average is $85.12 and its two-hundred day moving average is $80.76. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30.
CocaCola (NYSE:KO – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $13.17 billion. During the same quarter in the previous year, the company posted $0.87 EPS. The business’s revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts predict that CocaCola Company will post 3.29 EPS for the current fiscal year.
CocaCola Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given 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%.
About CocaCola
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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