CocaCola Company (The) $KO Shares Purchased by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Coca-Cola holdings by 13.2% in the second quarter, bringing its position to 254,949 shares valued at approximately $20.7 million. Institutional investors and hedge funds collectively own 70.26% of KO.
• Coca-Cola exceeded quarterly expectations, reporting $0.97 EPS and $13.37 billion in revenue, up 6.2% year over year. The company maintained 2026 EPS guidance of $3.27–$3.30.
• The company declared a quarterly dividend of $0.53, equivalent to a 2.4% annualized yield. Analysts remain generally bullish, with a “Moderate Buy” consensus rating and an average price target of $95.76 versus the reported share price of $88.07.

Envestnet Portfolio Solutions Inc. boosted its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 13.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 254,949 shares of the company's stock after acquiring an additional 29,658 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in CocaCola were worth $20,720,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of CocaCola during the 4th quarter worth approximately $3,865,807,000. Cardano Risk Management B.V. boosted its position in CocaCola by 867.2% during the 4th quarter. Cardano Risk Management B.V. now owns 14,432,190 shares of the company's stock valued at $1,008,954,000 after purchasing an additional 12,939,959 shares during the period. Capital World Investors boosted its position in CocaCola by 98.7% during the 4th quarter. Capital World Investors now owns 12,573,527 shares of the company's stock valued at $879,015,000 after purchasing an additional 6,246,627 shares during the period. Bank of New York Mellon Corp grew its stake in CocaCola by 23.9% during the 4th quarter. Bank of New York Mellon Corp now owns 28,679,192 shares of the company's stock worth $2,004,962,000 after buying an additional 5,529,810 shares during the last quarter. Finally, Auto Owners Insurance Co grew its stake in CocaCola by 10,842.4% during the 4th quarter. Auto Owners Insurance Co now owns 4,781,844 shares of the company's stock worth $33,430,000 after buying an additional 4,738,144 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

CocaCola Price Performance

Shares of NYSE:KO opened at $88.07 on Thursday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $92.49. The stock has a market cap of $378.91 billion, a price-to-earnings ratio of 26.45, a PEG ratio of 3.45 and a beta of 0.34. The stock's 50 day moving average price is $87.44 and its 200 day moving average price is $81.98. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.30 and a quick ratio of 1.12.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The firm had revenue of $13.37 billion during the quarter, compared to analyst estimates of $13.17 billion. During the same period last year, the company posted $0.87 EPS. The firm's quarterly revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Equities research analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

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

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: TD Cowen maintained its Buy rating on Coca-Cola, reinforcing the view that the company’s brand strength, global distribution, and earnings outlook support further upside. TD Cowen Keeps Their Buy Rating on Coca-Cola
• Positive Sentiment: Coca-Cola’s dividend record remains a major attraction. The company has increased its dividend every year since 1962, including through multiple market crashes, supporting its appeal to income-focused and defensive investors. Coca-Cola Dividend History
• Positive Sentiment: Consumer staples are outperforming discretionary stocks in 2026, highlighting continued investor demand for defensive businesses such as Coca-Cola. Staples ETF Widens Gap Over Discretionary
• Neutral Sentiment: Coca-Cola’s announced $10 billion investment appears less transformational than the headline suggests. The spending is expected to be spread across multiple years, limiting its immediate effect on revenue and earnings growth. Coca-Cola Investment Announcement Analysis
• Negative Sentiment: An IRS case presents a potential overhang. Investors are assessing the possibility of tax-related costs or uncertainty, which could pressure valuation if the dispute develops unfavorably. Coca-Cola IRS Case

Insider Buying and Selling at CocaCola

In other CocaCola news, Chairman James Quincey sold 381,140 shares of the business's stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $90.04, for a total value of $34,317,845.60. Following the sale, the chairman directly owned 122,833 shares in the company, valued at approximately $11,059,883.32. The trade was a 75.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 111,365 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $90.93, for a total transaction of $10,126,419.45. Following the completion of the sale, the insider directly owned 41,365 shares of the company's stock, valued at $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 926,620 shares of company stock valued at $83,075,714. Corporate insiders own 0.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Piper Sandler reiterated an "overweight" rating on shares of CocaCola in a research note on Wednesday, September 16th. TD Cowen increased their price objective on shares of CocaCola from $90.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Jefferies Financial Group lifted their target price on CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Evercore reiterated an "outperform" rating and set a $100.00 price target on shares of CocaCola in a research report on Tuesday, July 28th. Finally, Weiss Ratings raised CocaCola from a "buy (b+)" rating to a "buy (a-)" rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, CocaCola has an average rating of "Moderate Buy" and an average target price of $95.76.

CocaCola Profile

The Coca-Cola Company NYSE: KO is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world's largest beverage businesses.

Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.

The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.

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