CocaCola Company (The) $KO Shares Acquired by Banco Santander S.A.

Banco Santander S.A. increased its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 3.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,090,758 shares of the company's stock after purchasing an additional 32,723 shares during the quarter. Banco Santander S.A.'s holdings in CocaCola were worth $88,646,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of KO. Harel Insurance Investments & Financial Services Ltd. lifted its position in CocaCola by 105.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 18,730 shares of the company's stock valued at $1,519,000 after buying an additional 9,595 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of CocaCola by 7.4% during the second quarter. Oregon Public Employees Retirement Fund now owns 476,094 shares of the company's stock valued at $38,692,000 after acquiring an additional 32,800 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co raised its stake in shares of CocaCola by 0.6% in the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 40,853 shares of the company's stock valued at $3,320,000 after acquiring an additional 259 shares during the period. Axxcess Wealth Management LLC lifted its holdings in shares of CocaCola by 7.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 180,068 shares of the company's stock worth $14,634,000 after acquiring an additional 12,068 shares during the last quarter. Finally, Paragon Private Wealth Management LLC lifted its holdings in shares of CocaCola by 1.4% in the 2nd 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. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on KO shares. Barclays lifted their price objective on CocaCola from $91.00 to $93.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. The Goldman Sachs Group restated a "neutral" rating and set a $86.00 target price (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Morgan Stanley reaffirmed an "overweight" rating and issued a $100.00 target price (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. Bank of America boosted their price target on shares of CocaCola from $90.00 to $95.00 and gave the stock a "buy" rating in a research note on Friday, July 10th. Finally, Piper Sandler increased their price target on shares of CocaCola from $88.00 to $95.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, CocaCola has an average rating of "Moderate Buy" and a consensus price target of $95.76.

Key Headlines Impacting CocaCola

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 Price Performance

KO stock opened at $90.58 on Friday. The business's 50-day moving average is $84.11 and its two-hundred day moving average is $80.30. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12. The firm has a market capitalization of $389.72 billion, a P/E ratio of 27.20, a P/E/G ratio of 3.15 and a beta of 0.33. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $91.87.

CocaCola (NYSE:KO - Get Free Report) last released 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 for 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 business's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts anticipate 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. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola's dividend payout ratio is currently 63.66%.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Jennifer K. Mann sold 100,000 shares of the company's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the transaction, the executive vice president owned 181,384 shares in the company, valued at $14,412,772.64. This represents a 35.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 company's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total value of $6,788,925.55. Following the completion of the sale, the insider directly owned 35,393 shares of the company's stock, valued at approximately $3,172,982.45. This trade represents a 68.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 sold 1,433,535 shares of company stock worth $121,922,698. Corporate 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.

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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