CocaCola Company (The) $KO Shares Bought by Handelsbanken Fonder AB

Key Points

• Handelsbanken Fonder increased its Coca-Cola stake by 1% in the second quarter, bringing its holdings to 1.61 million shares valued at approximately $131.2 million. Institutional investors and hedge funds collectively own 70.26% of KO.
• Coca-Cola reported strong quarterly results, with revenue up 6.2% year over year to $13.37 billion and adjusted EPS of $0.97, exceeding analyst expectations. Organic growth was supported by a 5% increase in unit case volume.
• The company declared a quarterly dividend of $0.53 per share, equivalent to a 2.4% annualized yield, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $95.76. However, valuation near 26 times earnings remains a potential concern.

Handelsbanken Fonder AB grew its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,614,283 shares of the company's stock after purchasing an additional 15,499 shares during the quarter. Handelsbanken Fonder AB's holdings in CocaCola were worth $131,193,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in CocaCola by 13.3% during the 4th quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock worth $2,433,000 after buying an additional 4,591 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in CocaCola by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock valued at $548,000 after buying an additional 293 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in CocaCola in the first quarter valued at approximately $210,000. Jump Financial LLC boosted its holdings in shares of CocaCola by 450.5% in the second quarter. Jump Financial LLC now owns 39,583 shares of the company's stock valued at $2,800,000 after acquiring an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. boosted its holdings in shares of CocaCola by 548.2% in the second quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock valued at $75,000 after acquiring an additional 899 shares during the period. Institutional investors and hedge funds own 70.26% of the company's stock.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Volume-led growth supports the bullish case. Coca-Cola’s second-quarter organic revenue increased 6%, led by a 5% rise in unit case volume, while price and mix contributed about 2%. The stronger volume performance suggests demand remains healthy rather than growth being driven mainly by higher prices. Coca-Cola's Revenue Growth: Organic Strength or Pricing-Led?
• Positive Sentiment: Recent earnings continue to provide support. Coca-Cola exceeded quarterly expectations, reporting $0.97 in adjusted earnings per share versus a $0.93 consensus estimate and $13.37 billion in revenue versus $13.17 billion expected. Analysts and market coverage also point to sustained earnings strength, resilient demand and the company’s long record of dividend increases as reasons for investor interest. 5 Stocks the Market Rewarded After Strong Earnings Results
• Neutral Sentiment: Coca-Cola İçecek reported strong first-half results, but the read-through to KO is limited. The bottling affiliate cited international growth and margin gains, while PwC and the company’s board confirmed the accuracy and compliance of its interim financial statements. These developments are supportive for the broader Coca-Cola system but concern Coca-Cola İçecek A.Ş. directly, not necessarily KO’s consolidated results. Coca-Cola İçecek Delivers Strong H1 2026 Results
• Negative Sentiment: Valuation is the main pressure point. After a substantial multiyear gain and a move near its all-time high, analysts argue that KO is close to fair value or modestly expensive. At approximately 26 times earnings, the stock’s premium may already reflect much of its earnings, dividend and defensive-growth appeal. Coca-Cola Stock Recently Hit a New All-Time High

CocaCola Trading Down 0.3%

NYSE:KO opened at $86.82 on Tuesday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $90.92. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.12 and a current ratio of 1.30. The stock has a fifty day moving average price of $82.82 and a two-hundred day moving average price of $79.44. The stock has a market capitalization of $373.55 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 3.04 and a beta of 0.33.

CocaCola (NYSE:KO - Get Free Report) last issued 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. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same period in the previous year, the firm earned $0.87 EPS. The business's revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, sell-side analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. UBS Group set a $104.00 target price on shares of CocaCola and gave the company a "buy" rating in a report on Wednesday, July 29th. 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 note on Wednesday, July 29th. Barclays increased their price target on shares of CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Jefferies Financial Group lifted their price objective on shares of CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Finally, Citigroup upped their target price on shares of CocaCola from $97.00 to $100.00 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 assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $95.76.

Insider Activity at CocaCola

In other CocaCola news, 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 transaction of $6,788,925.55. Following the transaction, the insider directly owned 35,393 shares in the company, valued at approximately $3,172,982.45. This represents a 68.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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, EVP Nancy Quan sold 31,625 shares of CocaCola 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 owned 223,330 shares of the company's stock, valued at approximately $18,074,096.90. The trade was a 12.40% decrease in their ownership of the stock. 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. Insiders sold a total of 1,455,202 shares of company stock valued at $123,620,742 in the last ninety days. 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.

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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