Turtle Creek Wealth Advisors LLC grew its position in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 4.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 228,439 shares of the company’s stock after acquiring an additional 9,049 shares during the period. CocaCola accounts for approximately 1.0% of Turtle Creek Wealth Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Turtle Creek Wealth Advisors LLC’s holdings in CocaCola were worth $19,664,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Lantern Wealth Advisors LLC boosted its stake in shares of CocaCola by 3.6% during the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company’s stock valued at $270,000 after acquiring an additional 115 shares during the last quarter. Gill Capital Partners LLC grew its stake in CocaCola by 4.1% in the 2nd quarter. Gill Capital Partners LLC now owns 2,992 shares of the company’s stock worth $243,000 after acquiring an additional 117 shares during the period. Atomic Invest LLC boosted its holdings in shares of CocaCola by 38.7% during the second quarter. Atomic Invest LLC now owns 437 shares of the company’s stock worth $36,000 after purchasing an additional 122 shares during the last quarter. Paragon Private Wealth Management LLC lifted its position in CocaCola by 1.4% during the second quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company’s stock worth $709,000 after buying an additional 123 shares during the period. Finally, Kwmg LLC grew its holdings in CocaCola by 2.0% in the 3rd quarter. Kwmg LLC now owns 6,293 shares of the company’s stock valued at $542,000 after buying an additional 123 shares during the period. 70.26% of the stock is owned by institutional investors.
Key Stories Impacting CocaCola
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Strong market momentum: KO has gained about 34% in 2026 and recently outperformed broader consumer-staples benchmarks. The move above its 50-day moving average is viewed as a bullish technical signal, reflecting investor confidence in Coca-Cola’s brand strength, pricing power, product innovation and operational efficiency. Coca-Cola Stock Breaks Above 50-Day Moving Average
- Positive Sentiment: Favorable analyst and sector sentiment: Coca-Cola’s average brokerage recommendation remains equivalent to “Buy,” while the company was highlighted among high-performing consumer-staples stocks with favorable earnings trends and defensive portfolio characteristics. Brokers Suggest Investing in Coca-Cola
- Positive Sentiment: Relative defensive appeal: KO gained while the broader market declined, reinforcing its reputation as a lower-volatility consumer-staples holding. Its beta of 0.32 and long dividend-growth record may be attracting investors seeking stability. Coca-Cola Gains As Market Dips
- Neutral Sentiment: Upcoming catalysts: Investors are monitoring Coca-Cola’s third-quarter earnings report, expected October 27, along with reports about a possible Costa Coffee sale. Heavy investor searches and ongoing portfolio discussions may increase attention but do not represent a fundamental change by themselves. Coca-Cola Stock Today and Upcoming Catalysts
- Negative Sentiment: Valuation and cash-flow risks: With a P/E ratio near 28 and shares close to the 52-week high, further gains may require continued earnings growth. Commentary also notes that Coca-Cola’s dividend payments exceeded free cash flow by billions last year, raising questions about long-term dividend sustainability despite its 63-year increase streak. Coca-Cola Dividend Sustainability
Analyst Upgrades and Downgrades
KO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of CocaCola from $96.00 to $95.00 and set an “overweight” rating on the stock in a research note on Monday, September 28th. Argus increased their price target on CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a report on Thursday, July 30th. BNP Paribas Exane upped their target price on shares of CocaCola from $90.00 to $98.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. TD Cowen upped their price objective on shares of CocaCola from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Piper Sandler reissued an “overweight” rating and issued a $95.00 price target (up from $88.00) on shares of CocaCola in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $96.05.
Check Out Our Latest Analysis on CocaCola
Insiders Place Their Bets
In other CocaCola news, CFO John Murphy sold 152,483 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the transaction, the chief financial officer owned 279,917 shares in the company, valued at approximately $24,439,553.27. The trade was a 35.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 50,000 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company’s stock, valued at $20,186,798.70. This represents a 18.29% 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. Over the last 90 days, insiders have sold 926,620 shares of company stock worth $83,075,714. 0.90% of the stock is owned by company insiders.
CocaCola Stock Performance
KO traded up $0.73 during trading hours on Thursday, hitting $92.51. 7,469,588 shares of the stock were exchanged, compared to its average volume of 16,812,227. The stock has a market cap of $398.02 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 3.51 and a beta of 0.32. CocaCola Company has a 12 month low of $67.16 and a 12 month high of $94.10. The stock has a 50-day simple moving average of $88.24 and a 200-day simple moving average of $83.16. 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 (NYSE:KO – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts anticipate that CocaCola Company will post 3.30 earnings per share for the current year.
CocaCola Company Profile
The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.
Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.
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