BNP Paribas Cuts Stock Position in CocaCola Company (The) $KO

BNP Paribas trimmed its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 2.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 742,958 shares of the company's stock after selling 16,503 shares during the quarter. CocaCola makes up approximately 1.7% of BNP Paribas' investment portfolio, making the stock its 16th largest position. BNP Paribas' holdings in CocaCola were worth $60,606,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Lantern Wealth Advisors LLC boosted its stake 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 worth $270,000 after acquiring an additional 115 shares during the last quarter. 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 worth $709,000 after buying an additional 123 shares in the last quarter. Everpar Advisors LLC raised its position in shares of CocaCola by 0.9% in the second quarter. Everpar Advisors LLC now owns 14,504 shares of the company's stock valued at $1,179,000 after buying an additional 125 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of CocaCola by 0.3% in the first quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company's stock worth $3,109,000 after buying an additional 129 shares in the last quarter. Finally, HORAN Wealth LLC boosted its position in CocaCola by 3.9% during the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company's stock worth $263,000 after acquiring an additional 130 shares during the last quarter. 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: Defensive-sector demand is supporting KO. Market commentary points to Coca-Cola’s stable cash flows and relatively low volatility as attractive while investors seek safety and quality amid changing interest-rate expectations. Why is Coca-Cola drawing steady demand as staples turn defensive today?
• Positive Sentiment: Zacks upgraded Coca-Cola to Rank #2, or “Buy.” The upgrade reflects improving expectations for the company’s earnings prospects and could provide a near-term sentiment boost. Coca-Cola upgraded to Buy
• Positive Sentiment: Recent operating momentum remains constructive. Coca-Cola’s latest quarter included revenue growth of about 6% year over year and an earnings beat, while the company maintains fiscal 2026 EPS guidance of $3.27–$3.30.
• Neutral Sentiment: Institutional positioning is mixed but leans supportive. More institutions added KO shares than reduced them in the latest quarter, with notable additions from JPMorgan, Geode and Capital World Investors, although BlackRock, Capital Research and Invesco trimmed positions.
• Neutral Sentiment: Analyst support is positive, but valuation may limit upside. Barclays and JPMorgan maintain “Overweight” ratings, while the reported median price target of $89.50 is close to the current trading level. Commentary also describes the valuation as stretched. Coca-Cola upgraded to Buy
• Negative Sentiment: Insider selling is a cautionary signal. Company insiders made 30 open-market sales and no purchases over the past six months, including substantial sales by Chairman James Quincey and other senior executives.

CocaCola Stock Up 0.6%

CocaCola stock opened at $89.63 on Friday. The company has a market capitalization of $385.64 billion, a PE ratio of 26.92, a price-to-earnings-growth ratio of 3.11 and a beta of 0.33. 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 fifty-two week low of $65.35 and a fifty-two week high of $92.49. The firm has a 50 day moving average price of $85.32 and a 200 day moving average price of $80.83.

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, topping the consensus estimate of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The company's quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts expect that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

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

Insiders Place Their Bets

In related news, CFO John Murphy sold 152,483 shares of the company'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 transaction of $13,313,290.73. Following the sale, the chief financial officer directly owned 279,917 shares of the company's stock, valued at $24,439,553.27. This represents a 35.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bruno Pietracci sold 111,365 shares of the business's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the transaction, the insider owned 41,365 shares of the company's stock, valued at approximately $3,761,319.45. This trade represents a 72.92% 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. In the last quarter, insiders have sold 1,594,900 shares of company stock valued at $136,568,617. 0.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on KO. Barclays boosted their target price on CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Piper Sandler lifted their price objective on CocaCola from $88.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. TD Cowen upped their target price on CocaCola from $90.00 to $100.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $93.00 target price on shares of CocaCola in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group boosted 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. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, CocaCola has an average rating of "Moderate Buy" and a consensus target price of $95.76.

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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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.

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