CocaCola Company (The) $KO Shares Sold by Arcus Capital Partners LLC

Key Points

• Arcus Capital Partners cut its Coca-Cola stake by 91.3% in the second quarter, selling 565,998 shares and retaining 53,698 shares valued at approximately $4.36 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola exceeded quarterly expectations with adjusted earnings of $0.97 per share and revenue of $13.37 billion, while revenue rose 6.2% year over year. The company maintained fiscal 2026 earnings guidance of $3.27–$3.30 per share.
• The company declared a quarterly dividend of $0.53 per share, equivalent to an annualized $2.12 payout and a 2.4% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $95.76.

Arcus Capital Partners LLC decreased its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 91.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,698 shares of the company's stock after selling 565,998 shares during the period. CocaCola makes up approximately 1.8% of Arcus Capital Partners LLC's holdings, making the stock its 12th largest position. Arcus Capital Partners LLC's holdings in CocaCola were worth $4,364,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in KO. California State Teachers Retirement System increased its stake in CocaCola by 7,365.2% in the 2nd quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company's stock valued at $39,619,934,000 after buying an additional 480,979,487 shares during the period. State Street Corp boosted its holdings in CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company's stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC increased its position in CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock worth $6,273,037,000 after purchasing an additional 433,547 shares during the period. Norges Bank acquired a new position in CocaCola during the 4th quarter worth approximately $3,865,807,000. Finally, Bank of America Corp DE increased its position in CocaCola by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company's stock worth $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola Stock Performance

Shares of KO stock opened at $88.38 on Wednesday. The stock has a fifty day moving average price of $86.35 and a 200 day moving average price of $81.32. 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 market cap of $380.27 billion, a PE ratio of 26.54, a P/E/G ratio of 3.43 and a beta of 0.34. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $92.49.

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

CocaCola Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders 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 yield of 2.4%. CocaCola's payout ratio is presently 63.66%.

Analysts Set New Price Targets

Several research firms have recently commented on KO. Bank of America raised their price target on CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a report on Friday, July 10th. Argus upped their price objective on CocaCola from $91.00 to $97.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $93.00 price objective on shares of CocaCola in a research report on Wednesday, July 29th. Weiss Ratings raised CocaCola from a "buy (b+)" rating to a "buy (a-)" rating in a report on Thursday, September 3rd. Finally, Morgan Stanley restated an "overweight" rating and set a $100.00 target price (up from $89.00) on shares of CocaCola in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $95.76.

Insider Buying and Selling

In related news, Chairman James Quincey sold 145,947 shares of the company's stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $90.09, for a total value of $13,148,365.23. Following the sale, the chairman owned 122,833 shares of the company's stock, valued at approximately $11,066,024.97. This represents a 54.30% decrease in their position. The transaction was disclosed in a 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 firm's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the transaction, 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 position. 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. Over the last ninety days, insiders have sold 926,620 shares of company stock valued at $83,075,714. 0.90% of the stock is owned by company insiders.

Trending Headlines about CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to highlight Coca-Cola’s ability to generate returns through both business growth and shareholder distributions. Its brand strength, pricing power and defensive demand are helping explain its outperformance in 2026. Andrew Sather: Most Investors Are Missing Why Coca-Cola Is Outperforming
• Positive Sentiment: Coca-Cola is being identified as a pricing-power stock that may offer defensive protection against inflation and a weaker dollar. This supports investor demand for KO as a relatively stable consumer-staples holding. Safety Stocks Are Not What They Used to Be
• Positive Sentiment: The company remains attractive to income investors because its dividend profile offers ongoing shareholder returns without the capped upside associated with some covered-call income funds. JEPI Is an Income Machine
• Neutral Sentiment: Coca-Cola’s premiumization strategy is expanding higher-priced offerings while retaining affordable packages. The approach could improve revenue and margins, but it also carries risk if pricing pressures reduce consumer demand. Coca-Cola’s Premiumization Push
• Neutral Sentiment: Several articles compare KO’s 2026 performance with other defensive stocks and assess whether its advance near record levels is sustainable, signaling strong sentiment but also elevated valuation risk. Is Coca-Cola a Buy Near an All-Time High?
• Neutral Sentiment: News about former executive Brian Dyson’s death is historical and unlikely to materially affect Coca-Cola’s current financial outlook. Brian Dyson Dies at Age 90

CocaCola Company 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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