Baer Investment Advisory LLC Buys New Holdings in CocaCola Company (The) $KO

Baer Investment Advisory LLC purchased a new position in CocaCola Company (The) (NYSE:KO) during the first quarter, HoldingsChannel reports. The fund purchased 7,851 shares of the company’s stock, valued at approximately $597,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KO. Counterweight Ventures LLC bought a new position in CocaCola in the 1st quarter worth approximately $1,747,000. Turtle Creek Wealth Advisors LLC boosted its position in shares of CocaCola by 8.7% during the first quarter. Turtle Creek Wealth Advisors LLC now owns 102,692 shares of the company’s stock worth $7,810,000 after acquiring an additional 8,248 shares during the last quarter. New York State Teachers Retirement System boosted its position in shares of CocaCola by 0.7% during the first quarter. New York State Teachers Retirement System now owns 2,974,885 shares of the company’s stock worth $226,240,000 after acquiring an additional 19,773 shares during the last quarter. Private Advisor Group LLC grew its stake in CocaCola by 0.7% during the first quarter. Private Advisor Group LLC now owns 378,382 shares of the company’s stock valued at $28,776,000 after acquiring an additional 2,510 shares in the last quarter. Finally, Optas LLC grew its stake in CocaCola by 22.7% during the first quarter. Optas LLC now owns 11,832 shares of the company’s stock valued at $900,000 after acquiring an additional 2,188 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

CocaCola Price Performance

KO stock opened at $83.93 on Friday. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $84.14. The firm has a market capitalization of $361.11 billion, a P/E ratio of 26.39, a price-to-earnings-growth ratio of 3.36 and a beta of 0.34. The company has a fifty day simple moving average of $80.18 and a two-hundred day simple moving average of $76.72. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09.

CocaCola (NYSE:KO) last posted its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The firm 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 quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Analysts anticipate that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 15th. CocaCola’s payout ratio is presently 66.67%.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: 24/7 Wall St. says Coca-Cola’s fourth straight earnings beat, strong momentum, and defensive positioning could support a move toward a new high, with an implied upside target of $91.13. Price Prediction: Coca-Cola’s Fourth Consecutive Earnings Beat Sets Up a Run Toward a New High
• Positive Sentiment: Zacks noted KO hit a 52-week high as resilient demand, market share gains, and strong execution continue to fuel momentum. Coca-Cola Stock Hits 52-Week High: Time to Buy or Wait for Now?
• Positive Sentiment: Several outlets pointed to Coca-Cola as a favored blue-chip and dividend stock, reinforcing investor interest in its earnings strength and income profile. Dow Records Best 1H Performance Since 2021: 5 Top Picks for 2H 2026
• Neutral Sentiment: Some coverage focused on whether analysts’ bullish ratings and dividend appeal make KO a good long-term holding, but these pieces did not add fresh company-specific catalysts. Coca-Cola (KO) Is Considered a Good Investment by Brokers: Is That True?
• Neutral Sentiment: Articles about dividend investing and whether to buy before earnings mainly reiterated Coca-Cola’s steady growth and income characteristics rather than introducing new news. Should Dividend Stock Investors Buy Coca-Cola Stock Before Earnings?

Analysts Set New Price Targets

Several brokerages have commented on KO. Weiss Ratings upgraded shares of CocaCola from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, May 4th. Wells Fargo & Company raised their price objective on CocaCola from $87.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Barclays lifted their target price on CocaCola from $85.00 to $89.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Piper Sandler reissued an “overweight” rating on shares of CocaCola in a research note on Friday, June 26th. Finally, TD Cowen raised their price target on CocaCola from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Fifteen analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CocaCola presently has an average rating of “Moderate Buy” and a consensus target price of $86.88.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 23,984 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the sale, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. This represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman James Quincey sold 436,296 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $80.13, for a total value of $34,960,398.48. Following the completion of the sale, the chairman directly owned 122,833 shares of the company’s stock, valued at $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 899,905 shares of company stock worth $71,832,315 over the last ninety days. Company insiders own 0.90% of the company’s stock.

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.