86,503 Shares in CocaCola Company (The) $KO Acquired by NBT Bank N.A.

Key Points

• NBT Bank acquired 86,503 Coca-Cola shares worth approximately $7.45 million in the third quarter. Institutional investors and hedge funds collectively own 70.26% of the company.
• Coca-Cola reported quarterly earnings of $0.97 per share and revenue of $13.37 billion, exceeding analyst expectations. The company also announced a quarterly dividend of $0.53 per share, equivalent to a 2.2% annual yield.
• Analysts remain broadly positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $96.27. However, Coca-Cola trades at a relatively high P/E ratio of 28.63, while recent insider sales and operational risks may limit upside.

NBT Bank N.A. acquired a new position in shares of CocaCola Company (The) (NYSE:KO - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 86,503 shares of the company's stock, valued at approximately $7,446,000.

Several other large investors also recently added to or reduced their stakes in the company. Lantern Wealth Advisors LLC lifted its holdings in shares of CocaCola by 3.6% in the second quarter. Lantern Wealth Advisors LLC now owns 3,316 shares of the company's stock valued at $270,000 after purchasing an additional 115 shares in the last quarter. New Wave Wealth Advisors LLC boosted its position in shares of CocaCola by 4.4% in the third quarter. New Wave Wealth Advisors LLC now owns 2,747 shares of the company's stock worth $248,000 after buying an additional 116 shares during the period. Gill Capital Partners LLC grew its holdings in shares of CocaCola by 4.1% during the second quarter. Gill Capital Partners LLC now owns 2,992 shares of the company's stock valued at $243,000 after buying an additional 117 shares in the last quarter. Atomic Invest LLC grew its holdings in shares of CocaCola by 38.7% during the second quarter. Atomic Invest LLC now owns 437 shares of the company's stock valued at $36,000 after buying an additional 122 shares in the last quarter. Finally, Paragon Private Wealth Management LLC grew its holdings in shares of CocaCola by 1.4% during the second quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company's stock valued at $709,000 after buying an additional 123 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

CocaCola Trading Up 2.8%

CocaCola stock opened at $95.32 on Friday. The company's fifty day simple moving average is $89.01 and its 200-day simple moving average is $83.88. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola Company has a 12 month low of $67.27 and a 12 month high of $95.37. The stock has a market cap of $410.12 billion, a P/E ratio of 28.63, a P/E/G ratio of 3.61 and a beta of 0.32.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. During the same period in the prior year, the business posted $0.87 earnings per share. CocaCola's revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, sell-side analysts forecast that CocaCola Company will post 3.30 EPS for the current fiscal year.

CocaCola Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be paid a $0.53 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a yield of 2.2%. CocaCola's payout ratio is 63.66%.

Analyst Upgrades and Downgrades

KO has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on CocaCola from $92.00 to $98.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Daiwa Securities Group lifted their target price on CocaCola from $83.00 to $93.00 and gave the company an "outperform" rating in a research note on Thursday, July 30th. Morgan Stanley reaffirmed an "overweight" rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. BNP Paribas Exane upped their target price on CocaCola from $90.00 to $98.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada increased their price target on shares of CocaCola from $87.00 to $96.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $96.27.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Defensive-sector rotation: Investors moved toward reliable, dividend-paying consumer and healthcare companies as broader large-cap stocks weakened, benefiting Coca-Cola’s safe-haven profile. Defensive consumer stocks article
• Positive Sentiment: Encouraging earnings setup: Coca-Cola reports third-quarter results before the market opens on October 27. Analysts are looking for more than $12.9 billion in sales, while the company enters the report after six consecutive EPS beats and previously raised its 2026 organic-revenue and earnings-growth outlook. Coca-Cola third-quarter earnings preview
• Positive Sentiment: KFC distribution win: KFC plans to return Coca-Cola beverages to roughly 3,600 U.S. restaurants beginning in early 2027, replacing PepsiCo products. The agreement could provide incremental fountain-volume growth and reinforce Coca-Cola’s commercial momentum. Coca-Cola KFC agreement article
• Positive Sentiment: Marketing investment: Coca-Cola selected agency partners as part of a global marketing review focused on data, technology and artificial intelligence, while retaining WPP Open X as its global media partner in most markets. Management expects the effort to strengthen consumer connections and support long-term growth. Coca-Cola marketing agency announcement
• Neutral Sentiment: Valuation limits upside: After a roughly 30%-plus annual gain, Coca-Cola trades at about 28 times earnings. Investors increasingly need evidence that pricing power, volume growth and margins can justify the premium.
• Negative Sentiment: Operational and legal risks: Pre-earnings analysis points to weak volumes in some key markets, while a law firm is investigating potential class-action claims related to a reported data breach. These issues could pressure results or create reputational and financial costs. Coca-Cola data breach investigation

Insider Buying and Selling

In other news, Chairman James Quincey sold 381,140 shares of CocaCola stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.04, for a total transaction of $34,317,845.60. Following the completion of the sale, the chairman directly owned 122,833 shares in the company, valued at $11,059,883.32. The trade was a 75.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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, CFO John Murphy sold 152,483 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value of $13,313,290.73. Following the completion of the sale, the chief financial officer directly owned 279,917 shares of the company's stock, valued at approximately $24,439,553.27. The trade was a 35.26% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 926,620 shares of company stock worth $83,075,714. Insiders own 0.90% of the company's stock.

About CocaCola

The Coca-Cola Company NYSE: KO is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world's most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.

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