Calamos Advisors LLC Sells 33,645 Shares of CocaCola Company (The) $KO

Calamos Advisors LLC reduced its stake in CocaCola Company (The) (NYSE:KO - Free Report) by 3.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 965,562 shares of the company's stock after selling 33,645 shares during the quarter. Calamos Advisors LLC's holdings in CocaCola were worth $78,471,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of KO. Lantern Wealth Advisors LLC grew its position 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 valued at $270,000 after purchasing an additional 115 shares during the last quarter. Paragon Private Wealth Management LLC grew its stake in shares of CocaCola by 1.4% in the second quarter. Paragon Private Wealth Management LLC now owns 8,726 shares of the company's stock worth $709,000 after acquiring an additional 123 shares during the last quarter. Everpar Advisors LLC raised its stake in CocaCola by 0.9% during the 2nd quarter. Everpar Advisors LLC now owns 14,504 shares of the company's stock valued at $1,179,000 after purchasing an additional 125 shares during the last quarter. Geneos Wealth Management Inc. grew its position in CocaCola by 0.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company's stock worth $3,109,000 after purchasing an additional 129 shares during the last quarter. Finally, HORAN Wealth LLC raised its position in shares of CocaCola by 3.9% during the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company's stock valued at $263,000 after buying an additional 130 shares during the last quarter. 70.26% of the stock is owned by institutional investors.

CocaCola Stock Performance

NYSE KO opened at $90.91 on Monday. The firm 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 company has a 50 day moving average of $84.27 and a 200-day moving average of $80.41. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $91.86.

CocaCola (NYSE:KO - Get Free Report) last announced its 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 for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola's revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts forecast that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have commented on KO shares. Evercore reaffirmed an "outperform" rating and issued a $100.00 price target on shares of CocaCola in a report on Tuesday, July 28th. Sanford C. Bernstein reissued a "market perform" rating and issued a $93.00 target price on shares of CocaCola in a research note on Wednesday, July 29th. Royal Bank Of Canada lifted their price objective on CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Weiss Ratings restated a "buy (b+)" rating on shares of CocaCola in a research report on Friday, July 31st. Finally, Jefferies Financial Group lifted their price objective on CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, CocaCola presently has a consensus rating of "Moderate Buy" and an average price target of $95.76.

Insider Transactions at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the business's stock in a transaction on Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the transaction, the executive vice president owned 181,384 shares of the company's stock, valued at approximately $14,412,772.64. The trade was a 35.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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, insider Bruno Pietracci sold 75,727 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $89.65, for a total value of $6,788,925.55. Following the sale, the insider owned 35,393 shares in the company, valued at $3,172,982.45. The trade was a 68.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last quarter, insiders have sold 1,483,535 shares of company stock worth $126,442,198. 0.90% of the stock is owned by company insiders.

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.

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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