Cibc World Market Inc. Raises Stock Position in CocaCola Company (The) $KO

Key Points

• Cibc World Market Inc. boosted its Coca-Cola stake by 4.8% in the fourth quarter, ending with 1,759,546 shares valued at about $123 million. Several other large institutions also added to or adjusted positions, and hedge funds now own 70.26% of KO.
• Analysts remain broadly upbeat on KO, with 15 Buy ratings and an average price target of $86.80. Recent target updates ranged from $85 to $90, while Weiss Ratings also upgraded the stock’s rating.
• Coca-Cola reported strong quarterly results, with EPS of $0.86 beating estimates and revenue of $12.47 billion topping expectations. The company also raised its outlook for FY 2026 EPS to 3.240–3.270 and announced a quarterly dividend of $0.53 per share.

Cibc World Market Inc. increased its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 4.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,759,546 shares of the company's stock after purchasing an additional 79,946 shares during the period. Cibc World Market Inc.'s holdings in CocaCola were worth $123,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in CocaCola by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock valued at $26,200,276,000 after buying an additional 5,886,352 shares in the last quarter. State Street Corp grew its position in shares of CocaCola by 0.6% in the third quarter. State Street Corp now owns 165,858,003 shares of the company's stock valued at $11,083,296,000 after purchasing an additional 923,278 shares during the period. Geode Capital Management LLC grew its stake in CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock valued at $6,273,037,000 after acquiring an additional 433,547 shares in the last quarter. Norges Bank purchased a new position in CocaCola in the 4th quarter worth approximately $3,865,807,000. Finally, Franklin Resources Inc. lifted its stake in CocaCola by 15.1% in the 3rd quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company's stock worth $2,592,732,000 after purchasing an additional 5,135,198 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on KO. Royal Bank Of Canada set a $87.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Weiss Ratings raised shares of CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research note on Monday, May 4th. Jefferies Financial Group increased their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research note on Monday, March 16th. Truist Financial set a $85.00 price target on shares of CocaCola in a research note on Wednesday, February 11th. Finally, Morgan Stanley set a $88.00 price objective on shares of CocaCola in a report on Wednesday, March 11th. Fifteen analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $86.80.

Insiders Place Their Bets

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the sale, the executive vice president directly owned 223,330 shares in the company, valued at $18,074,096.90. This represents a 12.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 200,000 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $78.90, for a total transaction of $15,780,000.00. Following the sale, the chairman owned 78,155 shares in the company, valued at approximately $6,166,429.50. This trade represents a 71.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 255,505 shares of company stock worth $20,187,007 in the last ninety days. 0.90% of the stock is owned by corporate insiders.

CocaCola Stock Performance

Shares of KO stock opened at $78.81 on Thursday. The firm's 50 day moving average price is $77.96 and its 200-day moving average price is $75.24. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36. CocaCola Company has a one year low of $65.35 and a one year high of $82.66. The firm has a market cap of $339.07 billion, a P/E ratio of 24.78, a P/E/G ratio of 3.13 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The firm had revenue of $12.47 billion for the quarter, compared to analyst estimates of $12.24 billion. During the same period in the prior year, the business posted $0.73 EPS. The business's revenue for the quarter was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, equities research analysts predict that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. CocaCola's dividend payout ratio is 66.67%.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola’s planned India bottling IPO could unlock more than $10 billion of value, support a higher-margin refranchised model, and improve long-term capital efficiency. Coke's $10B India IPO Plan Pops the Top on Hidden Value
• Positive Sentiment: Recent coverage says KO continues to benefit from steady demand, disciplined pricing, and product innovation, reinforcing the case that its core beverage business remains healthy. Coca-Cola Stock Rises 12.1% YTD: Buy Now or Wait for a Pullback?
• Positive Sentiment: Investor attention remains high, which can keep the stock supported as traders focus on Coca-Cola’s defensive profile and dividend appeal. CocaCola Company (The) (KO) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Articles comparing KO with other consumer staples stocks suggest the market is still evaluating whether Coca-Cola’s performance justifies its premium valuation. Is Coca-Cola (KO) Outperforming Other Consumer Staples Stocks This Year?
• Neutral Sentiment: Some commentary frames KO as a “safe dividend” name and a possible all-time-high candidate, but these pieces are largely opinion-based rather than new company-specific developments. Is Coca-Cola (KO) the Safest Dividend Stock To Buy?
• Negative Sentiment: Insider selling cited in the India IPO analysis could create some short-term overhead resistance, especially with the stock already near recent highs. Coke's $10B India IPO Plan Pops the Top on Hidden Value

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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