CIBC Bancorp USA Inc. Takes Position in CocaCola Company (The) $KO

CIBC Bancorp USA Inc. acquired a new position in CocaCola Company (The) (NYSE:KO) during the third quarter, Holdings Channel.com reports. The firm acquired 879,812 shares of the company’s stock, valued at approximately $58,349,000.

Several other institutional investors have also recently made changes to their positions in KO. Headlands Technologies LLC acquired a new position in CocaCola during the second quarter valued at $26,000. Marquette Asset Management LLC acquired a new stake in CocaCola during the 3rd quarter worth about $27,000. Cloud Capital Management LLC acquired a new stake in CocaCola during the 3rd quarter worth about $27,000. Redmont Wealth Advisors LLC purchased a new position in shares of CocaCola during the 3rd quarter valued at about $30,000. Finally, Turning Point Benefit Group Inc. purchased a new position in shares of CocaCola during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Jefferies raised its price target on KO to $90 and maintains a Buy rating — a material analyst upgrade that signals upside versus current levels and can support investor demand. Benzinga
• Positive Sentiment: Analysts and reports point to zero‑sugar variants (Coke Zero Sugar, Sprite Zero Sugar) as a margin and pricing tailwind, helping volume growth and profitability as consumers shift to low‑calorie options. This reinforces KO’s ability to expand margins even if top‑line growth is modest. Zacks: Is Zero Sugar Acting as a Margin Driver
• Positive Sentiment: Coca‑Cola secured a high‑profile Sprite sponsorship with the NBA, increasing brand exposure for Sprite and supporting marketing-driven volume gains in a key demographic. This is especially relevant as the company pushes flavored and zero‑sugar innovations. MSN: Sprite back to the NBA
• Positive Sentiment: KO appears on a “high‑yielding stocks to buy” list, which can attract income‑focused investors given Coca‑Cola’s dividend profile. Inclusion in retail investor lists can help support demand. 247WallSt: High‑Yielding Stocks
• Neutral Sentiment: Corporate philanthropy: The American Indian College Fund honored Coca‑Cola First Generation Scholars — a reputational/ESG positive but with limited direct near‑term impact on the stock. GlobeNewswire: Coca‑Cola Scholars
• Negative Sentiment: Some commentary urges caution: a Seeking Alpha piece recommends a defensive stance on KO, arguing valuation and macro risks may limit near‑term upside — a viewpoint that can weigh on sentiment among growth‑oriented holders. Seeking Alpha: Time To Play Defensive
• Negative Sentiment: Coverage noting a product shift (new Mango Citrus Sprite Walmart exclusive) and the retirement of long‑serving board member Maria Elena Lagomasino raises governance and valuation questions for some investors—mixed operational upside but also structural change that can introduce near‑term uncertainty. Yahoo Finance: Product Shift & Board Change

Analyst Upgrades and Downgrades

KO has been the topic of a number of recent research reports. Morgan Stanley set a $88.00 target price on CocaCola in a research note on Wednesday, March 11th. Jefferies Financial Group lifted their price target on CocaCola from $87.00 to $90.00 and gave the company a “buy” rating in a research report on Monday. Citigroup boosted their price target on CocaCola from $85.00 to $87.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $83.00 price objective on shares of CocaCola in a research report on Thursday, January 29th. Finally, Barclays raised their price objective on shares of CocaCola from $77.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the company. Based on data from MarketBeat, CocaCola has a consensus rating of “Buy” and a consensus target price of $84.60.

Insiders Place Their Bets

In other news, insider Bruno Pietracci sold 28,765 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.41, for a total value of $2,284,228.65. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO James Quincey sold 250,688 shares of the business’s stock in a transaction that occurred on 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 owned 278,155 shares in the company, valued at approximately $22,013,186.70. This represents a 47.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 892,925 shares of company stock valued at $70,254,796. Corporate insiders own 0.90% of the company’s stock.

CocaCola Stock Performance

NYSE KO opened at $77.61 on Wednesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.46 and a quick ratio of 1.25. The stock’s 50 day simple moving average is $76.03 and its 200-day simple moving average is $71.53. The company has a market cap of $333.77 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 3.26 and a beta of 0.35. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $82.00.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. CocaCola had a return on equity of 41.31% and a net margin of 27.34%.The firm had revenue of $11.82 billion during the quarter, compared to analysts’ expectations of $12.04 billion. During the same period in the previous year, the business earned $0.55 earnings per share. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, equities research analysts anticipate that CocaCola Company will post 2.96 EPS for the current fiscal year.

CocaCola Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from CocaCola’s previous quarterly dividend of $0.51. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. CocaCola’s payout ratio is currently 69.74%.

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.