Ascentis Independent Advisors Has $26,000 Stake in CocaCola Company (The) $KO

Ascentis Independent Advisors lowered its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 99.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 322 shares of the company's stock after selling 37,528 shares during the period. Ascentis Independent Advisors' holdings in CocaCola were worth $26,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in KO. Signet Investment Advisory Group Inc. lifted its position in CocaCola by 1.1% during the 2nd quarter. Signet Investment Advisory Group Inc. now owns 60,008 shares of the company's stock worth $4,877,000 after buying an additional 629 shares in the last quarter. Chicago Partners Investment Group LLC grew its holdings in shares of CocaCola by 2.8% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 45,464 shares of the company's stock valued at $3,690,000 after acquiring an additional 1,232 shares in the last quarter. Diversify Wealth Management LLC grew its holdings in shares of CocaCola by 6.7% in the 2nd quarter. Diversify Wealth Management LLC now owns 164,600 shares of the company's stock valued at $13,838,000 after acquiring an additional 10,295 shares in the last quarter. Griffith & Werner Inc. increased its position in shares of CocaCola by 7.2% in the second quarter. Griffith & Werner Inc. now owns 87,195 shares of the company's stock valued at $7,086,000 after acquiring an additional 5,846 shares during the last quarter. Finally, Challenger Wealth Management increased its position in shares of CocaCola by 3.4% in the second quarter. Challenger Wealth Management now owns 7,817 shares of the company's stock valued at $635,000 after acquiring an additional 254 shares during the last quarter. Institutional investors own 70.26% of the company's stock.

Analysts Set New Price Targets

KO has been the subject of several recent research reports. Royal Bank Of Canada increased their price target on CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of CocaCola in a research report on Friday, July 31st. Argus upped their price objective on CocaCola from $91.00 to $97.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Piper Sandler increased their price objective on CocaCola from $88.00 to $95.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Finally, Barclays raised their target price on shares of CocaCola from $91.00 to $93.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. Fifteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, CocaCola presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.76.

CocaCola Stock Up 0.5%

Shares of KO stock opened at $90.91 on Friday. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $91.86. The stock has a market cap of $391.14 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 3.18 and a beta of 0.33. The firm's 50-day moving average is $84.27 and its 200-day moving average is $80.37. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Sell-side analysts predict that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 15th. CocaCola's payout ratio is currently 63.66%.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola
• Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High
• Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire
• Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise
• Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure.

Insider Buying and Selling at CocaCola

In related news, insider Bruno Pietracci sold 75,727 shares of the business's stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the transaction, the insider directly owned 35,393 shares of the company's stock, valued at approximately $3,172,982.45. The trade was a 68.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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, CFO John Murphy sold 152,483 shares of the stock in a transaction 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 owned 279,917 shares in the company, valued at approximately $24,439,553.27. This trade represents a 35.26% 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. Insiders sold 1,483,535 shares of company stock worth $126,442,198 in the last three months. 0.90% of the stock is owned by insiders.

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.

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