Capital Research Global Investors Sells 1,910,546 Shares of CocaCola Company (The) $KO

Capital Research Global Investors decreased its stake in shares of CocaCola Company (The) (NYSE:KO) by 10.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 15,954,116 shares of the company’s stock after selling 1,910,546 shares during the period. Capital Research Global Investors’ holdings in CocaCola were worth $1,115,352,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KO. Norges Bank bought a new position in shares of CocaCola during the fourth quarter worth $3,865,807,000. Vanguard Group Inc. boosted its position in shares of CocaCola by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after acquiring an additional 5,886,352 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of CocaCola by 23.9% during the fourth quarter. Bank of New York Mellon Corp now owns 28,679,192 shares of the company’s stock worth $2,004,962,000 after acquiring an additional 5,529,810 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of CocaCola by 15.1% during the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company’s stock worth $2,592,732,000 after acquiring an additional 5,135,198 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new position in shares of CocaCola during the fourth quarter worth $260,916,000. Institutional investors own 70.26% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on KO. Truist Financial set a $85.00 target price on shares of CocaCola in a research report on Wednesday, February 11th. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research report on Wednesday, March 11th. Wells Fargo & Company upped their price target on shares of CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. UBS Group upped their price target on shares of CocaCola from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Weiss Ratings raised shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, CocaCola presently has an average rating of “Buy” and an average price target of $86.80.

Insider Buying and Selling

In related news, Chairman James Quincey sold 200,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $78.90, for a total value of $15,780,000.00. Following the transaction, the chairman owned 78,155 shares of the company’s stock, valued at $6,166,429.50. This trade represents a 71.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Monica Howard Douglas sold 23,880 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $77.37, for a total transaction of $1,847,595.60. Following the completion of the transaction, the executive vice president directly owned 17,725 shares in the company, valued at $1,371,383.25. This represents a 57.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 255,505 shares of company stock valued at $20,187,007 in the last 90 days. Company insiders own 0.90% of the company’s stock.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Investors are rotating into defensive, dividend-paying stocks like Coca-Cola as market volatility increases, which is supporting demand for KO shares. Article Title
• Positive Sentiment: Coca-Cola’s updated 2026 framework calls for 8%–9% comparable EPS growth and about $12.2 billion in free cash flow, reinforcing confidence in earnings and cash generation. Article Title
• Positive Sentiment: Recent analyst upgrades and higher price targets from firms including Barclays, JPMorgan, Wells Fargo, and Citi are helping support the shares. Article Title

CocaCola Trading Up 3.7%

Shares of KO opened at $79.63 on Friday. CocaCola Company has a twelve month low of $65.35 and a twelve month high of $82.66. The company has a market cap of $342.59 billion, a P/E ratio of 25.04, a P/E/G ratio of 3.18 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The company’s fifty day simple moving average is $78.09 and its 200-day simple moving average is $75.32.

CocaCola (NYSE:KO) last announced its 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 business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.73 earnings per share. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, analysts expect that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is currently 66.67%.

CocaCola Company 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.