Artemis Investment Management LLP Sells 445,472 Shares of CocaCola Company (The) $KO

Key Points

• Artemis Investment Management cut its stake in Coca‑Cola by 70.3% in Q4, selling 445,472 shares and leaving the firm with 187,858 shares valued at about $13.13 million.
• Q1 results beat expectations: Coca‑Cola reported EPS of $0.86 vs. $0.81 est. and revenue of $12.47B (+11.4% YoY), prompting analyst target upgrades and the company declared a $0.53 quarterly dividend (≈2.7% yield).
• Insiders have been net sellers recently—892,925 shares sold in the last 90 days (≈$70.3M)—while institutional investors still own about 70.26% of the company’s stock.

Artemis Investment Management LLP cut its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 70.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 187,858 shares of the company's stock after selling 445,472 shares during the period. Artemis Investment Management LLP's holdings in CocaCola were worth $13,133,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock worth $2,433,000 after purchasing an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock valued at $548,000 after buying an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in CocaCola during the 1st quarter worth $210,000. Jump Financial LLC increased its position in CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company's stock worth $2,800,000 after buying an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. lifted its holdings in shares of CocaCola by 548.2% during the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock worth $75,000 after buying an additional 899 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q1 results beat expectations: Coca‑Cola reported stronger-than-expected Q1 revenue and EPS (double‑digit top‑line growth) that drove positive sentiment around durable growth and near-term guidance. Is Coca‑Cola a Buy, Hold, or Sell After Its Q1 2026 Earnings Report?
• Positive Sentiment: Dividend increase/quarterly dividend declared: KO declared a quarterly dividend (record June 15; payable July 1), reinforcing its dividend‑king status and supporting income investor demand.
• Positive Sentiment: Analysts are raising targets and ratings after earnings: Several firms have lifted price targets and reiterated/raised ratings following the Q1 beat, signaling analyst confidence in growth momentum. Example coverage of these upgrades is here. Morgan Stanley raises Coca‑Cola stock price target after earnings
• Positive Sentiment: Additional shop‑window coverage and buy recommendations: TD Cowen, JPMorgan and Barclays commentary mentioned in recent coverage has been constructive (higher targets / buy or overweight stances), which can help sustain buying interest. Is The Coca‑Cola Company (KO) One of the Best Large Cap Dividend Growth Stocks to Invest in?
• Neutral Sentiment: Shareowners re‑elected the board and rejected several ESG proposals at the annual meeting — the outcome supports current management strategy but leaves ESG activists disappointed; it’s governance news that may matter to some institutional holders. Coca‑Cola Shareowners Back Board, Reject ESG Proposals
• Negative Sentiment: Some analysts are cautious: Goldman Sachs has a Hold on KO, which could cap near‑term upside and weigh on momentum despite the broader wave of upgrades. Coca‑Cola (KO) Gets a Hold from Goldman Sachs

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on KO shares. Morgan Stanley set a $88.00 target price on shares of CocaCola in a research report on Wednesday, March 11th. JPMorgan Chase & Co. lifted their price objective on shares of CocaCola from $83.00 to $85.00 and gave the stock an "overweight" rating in a research note on Wednesday. Wells Fargo & Company boosted their price objective on shares of CocaCola from $79.00 to $87.00 and gave the company an "overweight" rating in a report on Monday, February 9th. Citigroup increased their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Jefferies Financial Group raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the stock a "buy" rating in a report on Monday, March 16th. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, CocaCola has a consensus rating of "Buy" and a consensus target price of $86.27.

Insider Activity at CocaCola

In related news, EVP Monica Howard Douglas sold 23,880 shares of the business's stock in a transaction on 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 sale, the executive vice president owned 17,725 shares in the company, valued at $1,371,383.25. The trade was a 57.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Nancy Quan sold 23,556 shares of the company's stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.50, for a total value of $1,872,702.00. Following the completion of the transaction, the executive vice president directly owned 223,330 shares of the company's stock, valued at approximately $17,754,735. The trade was a 9.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 892,925 shares of company stock valued at $70,254,796. 0.90% of the stock is owned by company insiders.

CocaCola Stock Down 0.2%

KO stock opened at $78.62 on Friday. The stock has a market capitalization of $338.40 billion, a P/E ratio of 24.72, a price-to-earnings-growth ratio of 3.19 and a beta of 0.35. The company has a current ratio of 1.36, a quick ratio of 1.25 and a debt-to-equity ratio of 1.09. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $82.00. The firm has a 50-day moving average price of $77.12 and a 200-day moving average price of $73.57.

CocaCola (NYSE:KO - Get Free Report) last announced 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 company had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm's 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. As a group, equities research analysts anticipate that CocaCola Company will post 3.26 EPS for the current fiscal year.

CocaCola Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 15th. CocaCola's payout ratio is presently 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.