CocaCola Company (The) $KO Shares Sold by Truist Financial Corp

Key Points

• Truist Financial Corp trimmed its stake in The Coca‑Cola Company by 1.2%, selling 178,633 shares and leaving it with 15,046,016 shares worth about $1.05 billion, making KO its 10th-largest holding; institutional investors own roughly 70.26% of the stock.
• Coca‑Cola beat Q1 expectations, reporting $0.86 EPS vs. $0.81 expected and revenue of $12.47 billion (up 11.4%), set FY2026 guidance of 3.240–3.270 EPS, and has prompted analyst upgrades with a consensus "Buy" target near $86.27.
• Dividend declared and insider selling: the company announced a $0.53 quarterly dividend (annualized $2.12, yield 2.7%, payable July 1, record June 15), while insiders — including the CEO and CFO — sold about 892,925 shares (~$70.25 million) over the past 90 days.

Truist Financial Corp lowered its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 1.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 15,046,016 shares of the company's stock after selling 178,633 shares during the period. CocaCola makes up approximately 1.4% of Truist Financial Corp's portfolio, making the stock its 10th biggest holding. Truist Financial Corp owned about 0.35% of CocaCola worth $1,051,867,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KO. Vanguard Group Inc. boosted its stake in shares of CocaCola by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company's stock worth $26,200,276,000 after buying an additional 5,886,352 shares during the last quarter. Franklin Resources Inc. lifted its stake in CocaCola by 15.1% in the third quarter. Franklin Resources Inc. now owns 39,094,276 shares of the company's stock valued at $2,592,732,000 after purchasing an additional 5,135,198 shares during the last quarter. Danske Bank A S bought a new stake in CocaCola during the 3rd quarter valued at $226,443,000. PFA Pension Forsikringsaktieselskab bought a new stake in CocaCola during the 4th quarter valued at $179,167,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new stake in CocaCola during the 3rd quarter valued at $161,130,000. Hedge funds and other institutional investors own 70.26% of the company's stock.

CocaCola Stock Performance

CocaCola stock opened at $78.62 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $82.00. The firm has a 50-day moving average of $77.12 and a 200-day moving average of $73.61. The firm has a market cap of $338.40 billion, a P/E ratio of 24.72, a P/E/G ratio of 3.14 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The business had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same period last year, the business posted $0.73 earnings per share. CocaCola's quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Sell-side analysts expect that CocaCola Company will post 3.26 EPS for the current year.

CocaCola Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.7%. CocaCola's dividend payout ratio (DPR) is 66.67%.

Insiders Place Their Bets

In other CocaCola news, CEO James Quincey sold 250,688 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.14, for a total value of $19,839,448.32. Following the completion of the sale, the chief executive officer directly owned 278,155 shares in the company, valued at $22,013,186.70. This trade represents a 47.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO John Murphy sold 72,449 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $80.52, for a total transaction of $5,833,593.48. Following the completion of the sale, the chief financial officer owned 279,917 shares of the company's stock, valued at $22,538,916.84. This trade represents a 20.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 over the last ninety days. 0.90% of the stock is owned by corporate insiders.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q1 results beat expectations: Coca‑Cola reported stronger-than-expected Q1 revenue and EPS (double‑digit top‑line growth) that drove positive sentiment around durable growth and near-term guidance. Is Coca‑Cola a Buy, Hold, or Sell After Its Q1 2026 Earnings Report?
• Positive Sentiment: Dividend increase/quarterly dividend declared: KO declared a quarterly dividend (record June 15; payable July 1), reinforcing its dividend‑king status and supporting income investor demand.
• Positive Sentiment: Analysts are raising targets and ratings after earnings: Several firms have lifted price targets and reiterated/raised ratings following the Q1 beat, signaling analyst confidence in growth momentum. Example coverage of these upgrades is here. Morgan Stanley raises Coca‑Cola stock price target after earnings
• Positive Sentiment: Additional shop‑window coverage and buy recommendations: TD Cowen, JPMorgan and Barclays commentary mentioned in recent coverage has been constructive (higher targets / buy or overweight stances), which can help sustain buying interest. Is The Coca‑Cola Company (KO) One of the Best Large Cap Dividend Growth Stocks to Invest in?
• Neutral Sentiment: Shareowners re‑elected the board and rejected several ESG proposals at the annual meeting — the outcome supports current management strategy but leaves ESG activists disappointed; it’s governance news that may matter to some institutional holders. Coca‑Cola Shareowners Back Board, Reject ESG Proposals
• Negative Sentiment: Some analysts are cautious: Goldman Sachs has a Hold on KO, which could cap near‑term upside and weigh on momentum despite the broader wave of upgrades. Coca‑Cola (KO) Gets a Hold from Goldman Sachs

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. UBS Group increased their price objective on CocaCola from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Royal Bank Of Canada set a $87.00 target price on CocaCola in a research note on Wednesday, February 11th. TD Cowen increased their target price on CocaCola from $85.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday. Jefferies Financial Group raised their price objective on CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research note on Monday, March 16th. Finally, Truist Financial set a $85.00 target price on shares of CocaCola in a report on Wednesday, February 11th. Fifteen equities research analysts have rated the stock with a Buy rating, According to MarketBeat, CocaCola currently has an average rating of "Buy" and a consensus target price of $86.27.

CocaCola Profile

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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