Bank of America Corp DE Boosts Holdings in CocaCola Company (The) $KO

Bank of America Corp DE increased its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,958,636 shares of the company's stock after acquiring an additional 1,939,673 shares during the quarter. Bank of America Corp DE owned about 1.07% of CocaCola worth $3,735,058,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in KO. Norges Bank purchased a new stake in CocaCola in the 4th quarter worth approximately $3,865,807,000. Cardano Risk Management B.V. grew its holdings in shares of CocaCola by 867.2% during the 4th quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company's stock valued at $1,008,954,000 after acquiring an additional 12,939,959 shares in the last quarter. Capital World Investors grew its holdings in shares of CocaCola by 98.7% during the 4th quarter. Capital World Investors now owns 12,573,527 shares of the company's stock valued at $879,015,000 after acquiring an additional 6,246,627 shares in the last quarter. Bank of New York Mellon Corp increased its position in CocaCola by 23.9% in the 4th quarter. Bank of New York Mellon Corp now owns 28,679,192 shares of the company's stock worth $2,004,962,000 after purchasing an additional 5,529,810 shares during the last quarter. Finally, Auto Owners Insurance Co lifted its holdings in shares of CocaCola by 10,842.4% during the 4th quarter. Auto Owners Insurance Co now owns 4,781,844 shares of the company's stock valued at $33,430,000 after buying an additional 4,738,144 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong brand execution is supporting sales. Coca-Cola’s World Cup marketing campaign helped drive 5% Trademark volume growth in the second quarter, while its digital strategy and disciplined marketing are being viewed as potential drivers of continued momentum. Coca-Cola's Digital Strategy: Driving Sales or Just Hype?
• Positive Sentiment: Options activity points to bullish positioning. Traders purchased 231,303 call options, approximately 349% above average call volume, signaling increased interest in upside exposure, although options activity can also reflect short-term speculation.
• Positive Sentiment: KO continues to outperform peers and the market. Recent coverage highlights Coca-Cola’s strong 2026 performance versus PepsiCo and the consumer-staples sector, as well as its combination of share-price gains, reliable dividends and blue-chip fundamentals. Coca-Cola vs. Pepsi: Five Years, Two Completely Different Outcomes
• Neutral Sentiment: Investors are weighing the path to $100. Analysts see further upside potential, but KO’s advance has raised the question of whether momentum has moved ahead of underlying value. The stock’s valuation and proximity to its high may require additional earnings growth to sustain the rally. KO Stock Near Highs: Has Momentum Outrun Value?
• Positive Sentiment: Recent operating results provide fundamental support. Coca-Cola’s latest reported quarter exceeded analyst expectations for both earnings and revenue, with sales up year over year, reinforcing confidence in its fiscal 2026 outlook.

Insider Buying and Selling at CocaCola

In other news, EVP Nancy Quan sold 50,000 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total value of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the business's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $86.50, for a total transaction of $861,367.00. Following the transaction, the insider owned 62,105 shares in the company, valued at $5,372,082.50. The trade was a 13.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 926,620 shares of company stock valued at $83,075,714. 0.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on KO shares. Morgan Stanley restated an "overweight" rating and issued a $100.00 price objective (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on shares of CocaCola in a research note on Friday, August 14th. The Goldman Sachs Group restated a "neutral" rating and set a $86.00 price target (up from $82.00) on shares of CocaCola in a research note on Tuesday, July 28th. Jefferies Financial Group lifted their price target on shares of CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Royal Bank Of Canada upped their price target on CocaCola from $87.00 to $96.00 and gave the stock an "outperform" rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $95.76.

CocaCola Stock Up 1.2%

Shares of NYSE:KO opened at $89.34 on Tuesday. 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 Company has a 52 week low of $65.35 and a 52 week high of $92.49. The company has a 50 day moving average price of $86.77 and a two-hundred day moving average price of $81.56. The company has a market capitalization of $384.41 billion, a PE ratio of 26.83, a PEG ratio of 3.44 and a beta of 0.34.

CocaCola (NYSE:KO - Get Free Report) last announced its 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. The firm had revenue of $13.37 billion during 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 company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a yield of 2.4%. CocaCola's dividend payout ratio is currently 63.66%.

CocaCola Profile

The Coca-Cola Company NYSE: KO is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world's largest beverage businesses.

Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.

The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.

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