Focus Partners Wealth boosted its holdings in shares of CocaCola Company (The) (NYSE:KO – Free Report) by 9.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,171,501 shares of the company’s stock after acquiring an additional 99,101 shares during the quarter. Focus Partners Wealth’s holdings in CocaCola were worth $77,759,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Norges Bank purchased a new position in CocaCola during the second quarter valued at approximately $3,846,270,000. Vanguard Group Inc. lifted its position in CocaCola by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 367,441,971 shares of the company’s stock worth $25,996,519,000 after buying an additional 6,241,163 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in CocaCola by 7,239.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 6,149,632 shares of the company’s stock worth $435,086,000 after buying an additional 6,065,840 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of CocaCola by 15.1% during the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock valued at $2,592,732,000 after buying an additional 5,135,198 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of CocaCola by 343.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,486,096 shares of the company’s stock valued at $297,518,000 after acquiring an additional 3,474,015 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.
More CocaCola News
Here are the key news stories impacting CocaCola this week:
- Positive Sentiment: Jefferies raised its price target on KO to $90 and kept a “buy” rating, signaling incremental analyst optimism and providing upside to consensus expectations. Read More.
- Positive Sentiment: Recent quarterly results showed an EPS beat and management set FY‑2026 EPS guidance (3.210–3.240), supporting confidence in earnings durability and dividend coverage—factors that attract income investors.
- Positive Sentiment: Zero‑sugar SKUs (Coca‑Cola Zero Sugar, Sprite Zero Sugar) are being cited as margin drivers—helping pricing power, volume growth and mix improvement as consumers shift to low‑calorie options. This supports profit expansion without heavy volume reliance. Read More.
- Positive Sentiment: Investor media continue to highlight KO as a defensive, dividend-oriented holding (Dividend King, top consumer‑staples picks), which can keep demand for the shares high among income and risk‑averse portfolios. Read More.
- Neutral Sentiment: Coca‑Cola launched a Mango Citrus Sprite exclusive at Walmart (Sprite Chill), expanding flavored offerings and retail partnerships; the company also announced longtime director Maria Elena Lagomasino will retire after 18 years — product/news is constructive, director exit is governance‑neutral for now. Read More.
- Negative Sentiment: A Seeking Alpha piece argues it’s time to “play defensive” on KO, highlighting risks (valuation, growth constraints or cyclicality in emerging categories) that could limit near‑term upside and pressure sentiment among value/rotation investors. Read More.
CocaCola Trading Up 0.6%
CocaCola (NYSE:KO – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The company had revenue of $11.82 billion during the quarter, compared to analysts’ expectations of $12.04 billion. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.55 earnings per share. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. On average, analysts forecast that CocaCola Company will post 2.96 earnings per share for the current fiscal year.
CocaCola Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, March 13th. This is a boost from CocaCola’s previous quarterly dividend of $0.51. CocaCola’s dividend payout ratio (DPR) is 69.74%.
Insider Buying and Selling
In other news, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total value of $19,839,448.32. Following the transaction, the chief executive officer directly owned 278,155 shares in the company, valued at approximately $22,013,186.70. The trade was a 47.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Bruno Pietracci sold 28,765 shares of CocaCola stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.41, for a total value of $2,284,228.65. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 in the last quarter. Insiders own 0.90% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently weighed in on KO. UBS Group upped their price target on shares of CocaCola from $82.00 to $87.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Morgan Stanley set a $88.00 target price on CocaCola in a research note on Wednesday, March 11th. Wells Fargo & Company upped their target price on CocaCola from $79.00 to $87.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Truist Financial set a $85.00 price target on CocaCola in a research note on Wednesday, February 11th. Finally, JPMorgan Chase & Co. lifted their price target on CocaCola from $79.00 to $83.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and fifteen have given a Buy rating to the company’s stock. Based on data from MarketBeat, CocaCola currently has a consensus rating of “Buy” and an average target price of $84.60.
Check Out Our Latest Stock Analysis on CocaCola
CocaCola Profile
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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