BLI Banque de Luxembourg Investments Sells 26,400 Shares of CocaCola Company (The) $KO

BLI Banque de Luxembourg Investments reduced its holdings in shares of CocaCola Company (The) (NYSE:KO) by 32.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 54,631 shares of the company’s stock after selling 26,400 shares during the quarter. BLI Banque de Luxembourg Investments’ holdings in CocaCola were worth $3,830,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new stake in shares of CocaCola during the fourth quarter worth $177,000. Cerity Partners LLC grew its position in CocaCola by 8.6% during the 4th quarter. Cerity Partners LLC now owns 1,122,341 shares of the company’s stock worth $78,468,000 after acquiring an additional 88,823 shares during the last quarter. LPL Financial LLC grew its position in CocaCola by 2.8% during the 4th quarter. LPL Financial LLC now owns 5,930,442 shares of the company’s stock worth $414,597,000 after acquiring an additional 160,883 shares during the last quarter. Franklin Resources Inc. increased its holdings in CocaCola by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock worth $2,816,697,000 after purchasing an additional 1,195,581 shares in the last quarter. Finally, Erste Asset Management GmbH raised its position in CocaCola by 93.3% in the fourth quarter. Erste Asset Management GmbH now owns 536,582 shares of the company’s stock valued at $37,602,000 after purchasing an additional 259,024 shares during the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KO. Evercore reissued an “outperform” rating and set a $85.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. JPMorgan Chase & Co. raised their price objective on shares of CocaCola from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, May 4th. Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Finally, 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 report on Monday, May 18th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $86.80.

Insider Transactions at CocaCola

In related news, Chairman James Quincey sold 436,296 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the sale, the chairman owned 122,833 shares in the company, valued at $9,842,608.29. This represents a 78.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 31,625 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $80.93, for a total value of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This represents a 12.40% 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. In the last ninety days, insiders sold 775,921 shares of company stock valued at $61,885,810. Corporate insiders own 0.90% of the company’s stock.

CocaCola Stock Up 2.2%

Shares of NYSE KO opened at $81.30 on Wednesday. The company has a market capitalization of $349.78 billion, a P/E ratio of 25.57, a price-to-earnings-growth ratio of 3.18 and a beta of 0.35. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $82.66. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. The company’s 50 day moving average price is $78.30 and its 200-day moving average price is $75.48.

CocaCola (NYSE:KO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion during the quarter, compared to analysts’ expectations of $12.24 billion. During the same period in the prior year, the company posted $0.73 earnings per share. CocaCola’s revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities analysts forecast that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is presently 66.67%.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Bank of America highlighted Coca-Cola as a key stock to watch as the 2026 World Cup begins, saying beverage volumes could surge during the tournament and benefit KO. The World Cup Is Here: Analyst Names One Beverage Stock To Watch
• Positive Sentiment: Recent coverage also pointed to Coca-Cola’s strong pricing power and volume growth, with Q1 results showing 10% organic revenue growth and 3% volume gains, reinforcing the company’s ability to offset inflation. Coca-Cola’s Inflation Balancing Act: Price Increases vs. Volume
• Positive Sentiment: Multiple articles emphasized KO’s dividend appeal, calling it a Dividend King with decades of consecutive dividend increases, which can attract income-focused investors. 1 Plain-As-Day Dividend King to Buy and Never Sell That Has Increased Its Payout for 64 Consecutive Years
• Positive Sentiment: News that Coca-Cola is launching BodyArmor Fit supports its expansion into the “better-for-you” beverage category, broadening growth opportunities beyond traditional soda. Coca-Cola launches BodyArmor Fit as it branches out in the ‘better-for-you’ category
• Neutral Sentiment: Chairman James Quincey and EVP Jennifer K. Mann disclosed stock sales, but both were pre-planned 10b5-1 transactions tied to tax withholding on equity awards, making them less concerning than open-market insider selling.

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.