CocaCola Company (The) $KO Stock Holdings Reduced by Capital Investment Advisors LLC

Key Points

• Capital Investment Advisors reduced its Coca-Cola stake by 3.6% in the third quarter, selling 19,042 shares and retaining 509,269 shares valued at approximately $43.8 million. Institutional investors collectively own 70.26% of KO.
• Analysts remain broadly positive, with Coca-Cola carrying a “Moderate Buy” consensus rating and an average price target of $96.27; several firms recently raised their targets to between $92 and $100.
• Coca-Cola reported quarterly EPS of $0.97 and revenue of $13.37 billion, exceeding expectations, while declaring a quarterly dividend of $0.53 per share—an annualized $2.12 payout and approximately 2.3% yield.

Capital Investment Advisors LLC cut its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 3.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 509,269 shares of the company's stock after selling 19,042 shares during the quarter. Capital Investment Advisors LLC's holdings in CocaCola were worth $43,838,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE raised its position in CocaCola by 9.5% in the 1st quarter. Bank of America Corp DE now owns 44,018,963 shares of the company's stock valued at $3,347,642,000 after purchasing an additional 3,836,640 shares in the last quarter. OMERS ADMINISTRATION Corp increased its holdings in shares of CocaCola by 1,763.2% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 3,383,332 shares of the company's stock valued at $257,302,000 after acquiring an additional 3,201,742 shares during the last quarter. Wellington Management Group LLP increased its stake in CocaCola by 9.2% in the second quarter. Wellington Management Group LLP now owns 29,053,752 shares of the company's stock valued at $2,361,198,000 after purchasing an additional 2,439,026 shares during the last quarter. Alecta Tjanstepension Omsesidigt acquired a new stake in CocaCola during the second quarter worth approximately $197,470,000. Finally, Fifth Third Bancorp boosted its stake in CocaCola by 76.5% in the first quarter. Fifth Third Bancorp now owns 2,999,625 shares of the company's stock valued at $228,121,000 after acquiring an additional 1,300,577 shares in the last quarter. Institutional investors and hedge funds own 70.26% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on KO. Sanford C. Bernstein restated a "market perform" rating and issued a $93.00 price objective (up from $83.00) on shares of CocaCola in a research note on Wednesday, July 29th. Weiss Ratings raised CocaCola from a "buy (a-)" rating to a "buy (a+)" rating in a report on Thursday, October 8th. Rothschild & Co Redburn boosted their price target on CocaCola from $86.00 to $92.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. CICC Research boosted their price target on CocaCola from $85.00 to $95.00 and gave the company an "outperform" rating in a research report on Thursday, July 30th. Finally, Evercore reaffirmed an "outperform" rating and set a $100.00 price objective (up from $88.00) on shares of CocaCola in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $96.27.

Insiders Place Their Bets

In other news, 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 transaction of $10,126,419.45. Following the sale, the insider owned 41,365 shares in the company, valued at $3,761,319.45. This trade represents a 72.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Murphy sold 152,483 shares of the business's stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $87.31, for a total transaction of $13,313,290.73. Following the completion of the sale, the chief financial officer owned 279,917 shares of the company's stock, valued at approximately $24,439,553.27. The trade was a 35.26% 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 quarter, insiders have sold 926,620 shares of company stock valued at $83,075,714. 0.90% of the stock is currently owned by insiders.

CocaCola Price Performance

Shares of KO opened at $92.77 on Friday. The firm has a market capitalization of $399.15 billion, a PE ratio of 27.86, a P/E/G ratio of 3.71 and a beta of 0.32. The stock's 50 day moving average is $89.11 and its two-hundred day moving average is $83.94. CocaCola Company has a twelve month low of $67.27 and a twelve month high of $95.37. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. The business had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The company's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts anticipate that CocaCola Company will post 3.30 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.53 per share. The ex-dividend date is Tuesday, December 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. CocaCola's payout ratio is 63.66%.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Defensive investors have favored Coca-Cola as broader large-cap markets weakened, while the company’s industry-leading margins, reliable dividend and global brand continue to support demand for the stock. Defensive consumer stocks article
• Positive Sentiment: KFC plans to move roughly 3,600 U.S. restaurants back to Coca-Cola products beginning in early 2027, potentially adding fountain-volume growth and strengthening KO’s restaurant-channel presence. Coca-Cola KFC agreement article
• Positive Sentiment: Coca-Cola selected agency partners and reaffirmed its global marketing strategy, including expanded use of data, technology and artificial intelligence. Management expects the initiative to improve consumer engagement and support long-term growth. Coca-Cola marketing agency announcement
• Positive Sentiment: KO has beaten earnings-per-share estimates for six consecutive quarters. Wall Street expects third-quarter results before the market opens on October 27, with projected sales above $12.9 billion; another beat could extend the stock’s momentum. Coca-Cola third-quarter earnings preview
• Neutral Sentiment: Coca-Cola’s shares have gained roughly one-third in 2026 and recently entered the $400 billion market-capitalization group. Historical analysis suggests strong calendar-year gains have often been followed by additional advances, although the comparison does not guarantee future performance. Coca-Cola historical performance article
• Negative Sentiment: KO’s premium valuation leaves limited room for an earnings disappointment. Analysts see benefits from pricing and margin expansion, but weak volumes in some key markets remain a concern. A reported data-breach investigation and potential class-action claims also introduce legal and reputational risk. Coca-Cola data breach investigation

CocaCola Profile

The Coca-Cola Company NYSE: KO is a global beverage company headquartered in Atlanta, Georgia. Founded in 1886, it is best known for Coca-Cola, one of the world's most recognized soft drink brands.

The company owns, licenses, and markets a broad portfolio of beverages, including sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and energy drinks. Its brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, smartwater, Powerade, Minute Maid, Simply, fairlife, and Costa Coffee, among others.

The Coca-Cola Company serves consumers in more than 200 countries and territories through a system that includes company-operated operations, independent bottling partners, distributors, retailers, and food-service providers.

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