CocaCola Company (The) $KO Shares Sold by Griffin Asset Management Inc.

Griffin Asset Management Inc. cut its position in CocaCola Company (The) (NYSE:KO) by 5.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,052 shares of the company’s stock after selling 8,370 shares during the period. Griffin Asset Management Inc.’s holdings in CocaCola were worth $10,575,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Louisbourg Investments Inc. acquired a new position in shares of CocaCola during the first quarter worth $25,000. Anfield Capital Management LLC raised its stake in CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company’s stock valued at $25,000 after buying an additional 294 shares in the last quarter. Headlands Technologies LLC acquired a new stake in CocaCola in the second quarter valued at $26,000. Evolution Wealth Management Inc. lifted its holdings in CocaCola by 1,081.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company’s stock worth $27,000 after buying an additional 357 shares during the last quarter. Finally, Daytona Street Capital LLC purchased a new stake in CocaCola during the 4th quarter worth about $29,000. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Piper Sandler reiterated an “overweight” rating on shares of CocaCola in a report on Friday, June 26th. UBS Group boosted their target price on CocaCola from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft upped their price target on CocaCola from $83.00 to $86.00 and gave the company a “buy” rating in a report on Monday, March 30th. Wells Fargo & Company increased 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. Finally, TD Cowen boosted their price objective on shares of CocaCola from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Fifteen equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, CocaCola currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.81.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola announced a global strategic beverage partnership with Marriott International, making KO Marriott’s primary beverage provider across guestrooms, restaurants, lounges, and events. The phased worldwide rollout could expand Coca-Cola’s reach in the hospitality channel and support sales for its broader beverage portfolio. Article Title
• Positive Sentiment: Separate coverage highlighted the Marriott deal as potentially “game changing” for Coca-Cola, reinforcing investor optimism that the new distribution agreement could become a meaningful growth driver over time. Article Title
• Neutral Sentiment: Several articles focused on Coca-Cola’s long-term appeal and steady compounding profile, which supports the stock’s defensive reputation but does not point to an immediate catalyst. Article Title
• Neutral Sentiment: Some commentary questioned whether KO has become expensive after its recent run, which could temper upside as investors weigh valuation against Coca-Cola’s stable fundamentals. Article Title
• Negative Sentiment: Despite the broader market moving higher, Coca-Cola was cited as closing lower in the latest session, suggesting some near-term profit-taking or cautious sentiment around the stock. Article Title

CocaCola Price Performance

Shares of KO opened at $82.50 on Friday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $85.68. The company has a market capitalization of $354.93 billion, a price-to-earnings ratio of 25.94, a price-to-earnings-growth ratio of 3.33 and a beta of 0.34. The firm has a 50-day simple moving average of $80.70 and a 200-day simple moving average of $77.12. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

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

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, June 15th. CocaCola’s dividend payout ratio (DPR) is 66.67%.

Insider Activity

In related news, EVP Nancy Quan sold 31,625 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company’s stock, valued at $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jennifer K. Mann sold 100,000 shares of CocaCola stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total transaction of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares in the company, valued at approximately $14,412,772.64. This trade represents a 35.54% 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. Over the last 90 days, insiders have sold 899,905 shares of company stock valued at $71,832,315. 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.