CocaCola Company (The) $KO Shares Acquired by Axxcess Wealth Management LLC

Key Points

• Axxcess Wealth Management increased its Coca-Cola position by 7.2% in the second quarter, bringing its holdings to 180,068 shares valued at approximately $14.6 million. Institutional investors collectively own 70.26% of KO shares.
• Coca-Cola exceeded second-quarter expectations, reporting adjusted EPS of $0.97 versus the $0.93 consensus and revenue of $13.37 billion, up 6.2% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $95.76.
• The company declared a quarterly dividend of $0.53 per share, equivalent to an annualized $2.12 payout and a 2.3% yield. Shares were trading near their 52-week high, with valuation at roughly 27 times earnings presenting a potential headwind.

Axxcess Wealth Management LLC lifted its position in CocaCola Company (The) (NYSE:KO - Free Report) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,068 shares of the company's stock after acquiring an additional 12,068 shares during the period. Axxcess Wealth Management LLC's holdings in CocaCola were worth $14,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of CocaCola by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock worth $26,200,276,000 after purchasing an additional 5,886,352 shares during the period. State Street Corp boosted its position in CocaCola by 1.2% in the fourth quarter. State Street Corp now owns 167,850,330 shares of the company's stock valued at $11,734,417,000 after buying an additional 1,992,327 shares during the last quarter. Geode Capital Management LLC increased its holdings in CocaCola by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock worth $6,273,037,000 after buying an additional 433,547 shares during the period. Norges Bank purchased a new position in CocaCola during the 4th quarter worth approximately $3,865,807,000. Finally, Bank of America Corp DE raised its position in CocaCola by 9.5% during the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company's stock worth $3,347,642,000 after buying an additional 3,836,640 shares during the last quarter. Hedge funds and other institutional investors own 70.26% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on KO shares. Bank of America upped their price objective on shares of CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a report on Friday, July 10th. UBS Group set a $104.00 target price on shares of CocaCola and gave the stock a "buy" rating in a report on Wednesday, July 29th. Sanford C. Bernstein restated a "market perform" rating and set a $93.00 target price on shares of CocaCola in a research report on Wednesday, July 29th. Seaport Research Partners set a $95.00 price target on shares of CocaCola in a report on Friday, August 14th. Finally, Piper Sandler upped their price target on shares of CocaCola from $88.00 to $95.00 and gave the company an "overweight" rating in a report 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $95.76.

CocaCola News Summary

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

CocaCola Stock Performance

Shares of NYSE KO opened at $90.58 on Friday. The company's fifty day moving average price is $84.11 and its 200 day moving average price is $80.30. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $91.87. The company has a market capitalization of $389.72 billion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 3.15 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 (NYSE:KO - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. The company had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, research analysts predict that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given 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 dividend yield of 2.3%. CocaCola's dividend payout ratio (DPR) is 63.66%.

Insider Transactions at CocaCola

In related news, CFO John Murphy sold 152,483 shares of the company's stock in a transaction dated Friday, July 31st. The stock was 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 that occurred 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 transaction, the insider owned 35,393 shares in the company, valued at $3,172,982.45. This represents a 68.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 1,433,535 shares of company stock worth $121,922,698 over the last quarter. Company insiders own 0.90% of the company's stock.

About CocaCola

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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