Atria Investments Inc Decreases Stock Position in CocaCola Company (The) $KO

Key Points

• Atria Investments reduced its Coca-Cola stake by 6.3% in the second quarter, selling 19,768 shares and retaining 295,654 shares valued at approximately $24.0 million. Institutional investors and hedge funds collectively own 70.26% of KO.
• Coca-Cola delivered stronger-than-expected second-quarter results, with adjusted EPS of $0.97 and revenue of $13.37 billion, up 6.2% year over year. The company maintained its fiscal 2026 EPS guidance of $3.27 to $3.30 and declared a quarterly dividend of $0.53 per share.
• Analyst sentiment remains favorable, but valuation may limit upside. KO carries a “Moderate Buy” consensus rating and an average price target of $95.76, while shares trade near a 52-week high at roughly 27 times earnings; insiders have also sold significant shares in recent months.

Atria Investments Inc lessened its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 6.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 295,654 shares of the company's stock after selling 19,768 shares during the quarter. Atria Investments Inc's holdings in CocaCola were worth $24,028,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Eurizon SLJ Capital Ltd acquired a new stake in CocaCola during the 4th quarter valued at approximately $552,000. King Luther Capital Management Corp boosted its holdings in shares of CocaCola by 0.8% in the 4th quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company's stock valued at $269,330,000 after acquiring an additional 31,694 shares during the last quarter. Cibc World Market Inc. increased its stake in shares of CocaCola by 4.8% in the fourth quarter. Cibc World Market Inc. now owns 1,759,546 shares of the company's stock worth $123,010,000 after acquiring an additional 79,946 shares during the period. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of CocaCola in the fourth quarter worth $1,544,000. Finally, DB&C Advisors LLC purchased a new position in shares of CocaCola during the fourth quarter worth $878,000. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong Q2 performance supports the stock. Coca-Cola reported adjusted earnings of $0.97 per share, exceeding the $0.93 analyst consensus, while revenue increased 6.2% year over year to $13.37 billion, ahead of expectations. The company maintained fiscal 2026 earnings guidance of $3.27-$3.30 per share. Reflecting on beverages, alcohol, and tobacco stocks’ Q2 earnings: Coca-Cola
• Positive Sentiment: Dividend reliability is attracting income-focused investors. Coverage highlights Coca-Cola’s status as a long-running “Dividend King,” with a decades-long record of annual dividend increases. Berkshire Hathaway, Warren Buffett’s investment company, receives approximately $848 million annually from its Coca-Cola holding, underscoring the scale and consistency of the payout. Does Coca-Cola pay dividends? Its yield and payout explained Dividend King pays Warren Buffett’s Berkshire $848 million each year
• Positive Sentiment: Momentum and defensive demand remain favorable. Coca-Cola recently moved above $90 and reached a new 52-week high, while reports say investors are seeking established blue-chip names. This supports the view that KO is benefiting from its defensive consumer-staples profile. Coca-Cola Stock Hits All-Time High as Investors Seek Out Blue-Chip Names
• Negative Sentiment: Valuation is a potential headwind. At roughly 28 times earnings and near its 52-week high, KO already reflects substantial optimism. Investors may require continued earnings growth and dividend support to justify additional gains. Coca-Cola Breaks $90 for the First Time

Insider Activity

In other news, insider Sanket Ray sold 9,958 shares of the firm's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the sale, the insider directly owned 62,105 shares in the company, valued at $5,372,082.50. This trade represents a 13.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO John Murphy sold 152,483 shares of CocaCola stock in a transaction dated 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 transaction, the chief financial officer owned 279,917 shares of the company's stock, valued at approximately $24,439,553.27. This 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. Over the last three months, insiders sold 1,433,535 shares of company stock worth $121,922,698. 0.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on KO shares. UBS Group set a $104.00 target price on shares of CocaCola and gave the company a "buy" rating in a research report on Wednesday, July 29th. Argus increased their price target on CocaCola from $91.00 to $97.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Sanford C. Bernstein reiterated a "market perform" rating and set a $93.00 price objective on shares of CocaCola in a research note on Wednesday, July 29th. Weiss Ratings reissued a "buy (b+)" rating on shares of CocaCola in a report on Friday, July 31st. Finally, Royal Bank Of Canada upped their target price on CocaCola from $87.00 to $96.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, CocaCola presently has an average rating of "Moderate Buy" and an average price target of $95.76.

CocaCola Stock Performance

KO opened at $90.58 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The firm has a fifty day moving average price of $84.11 and a 200 day moving average price of $80.30. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $91.87. The stock has a market cap of $389.72 billion, a P/E ratio of 27.20, a P/E/G ratio of 3.15 and a beta of 0.33.

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

CocaCola Dividend Announcement

The company 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 of this dividend is Tuesday, September 15th. CocaCola's dividend payout ratio is presently 63.66%.

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.

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