CocaCola Company (The) $KO Stock: State of Alaska Department of Revenue Decreases Holdings

Key Points

• State of Alaska reduced its Coca-Cola position by 3.2% in the third quarter, selling 12,604 shares and retaining 387,470 shares valued at approximately $33.4 million. Institutional investors still own 70.26% of KO.
• Coca-Cola reported quarterly EPS of $0.97, exceeding estimates by $0.04, while revenue rose 6.2% year over year to $13.37 billion. The stock recently traded at $92.47, near its 12-month high of $94.10.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $96.05, although elevated valuation and concerns about dividend payments exceeding free cash flow remain risks.

State of Alaska Department of Revenue reduced its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 3.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 387,470 shares of the company's stock after selling 12,604 shares during the quarter. State of Alaska Department of Revenue's holdings in CocaCola were worth $33,353,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its position in CocaCola by 4.4% during the second 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in CocaCola by 0.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,354,414 shares of the company's stock valued at $2,954,523,000 after purchasing an additional 162,097 shares during the period. Wellington Management Group LLP increased its position in shares of 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 buying an additional 2,439,026 shares in the last quarter. Invesco Ltd. increased its position in shares of CocaCola by 6.7% in the fourth quarter. Invesco Ltd. now owns 28,520,214 shares of the company's stock valued at $1,993,848,000 after buying an additional 1,798,371 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of CocaCola by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 18,822,295 shares of the company's stock valued at $1,431,495,000 after buying an additional 235,785 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

CocaCola Price Performance

KO stock traded up $0.69 during trading on Thursday, hitting $92.47. The stock had a trading volume of 7,538,932 shares, compared to its average volume of 16,812,227. 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 Company has a twelve month low of $67.16 and a twelve month high of $94.10. The stock has a market capitalization of $397.84 billion, a P/E ratio of 27.77, a PEG ratio of 3.51 and a beta of 0.32. The company's 50-day moving average price is $88.24 and its two-hundred day moving average price is $83.16.

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

Insider Activity at CocaCola

In other CocaCola news, EVP Nancy Quan sold 50,000 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the transaction, the executive vice president owned 223,330 shares of the company's stock, valued at approximately $20,186,798.70. The trade was a 18.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 on Thursday, August 20th. The shares were sold at an average price of $90.93, for a total value of $10,126,419.45. Following the completion of the sale, the insider owned 41,365 shares of the company's stock, valued at approximately $3,761,319.45. The trade was a 72.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 926,620 shares of company stock valued at $83,075,714 in the last three months. Company insiders own 0.90% of the company's stock.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong momentum and relative performance: KO recently moved above its 50-day moving average and has gained roughly 34% in 2026, outperforming many consumer-staples peers. Brand strength, pricing, product innovation and operating efficiency are cited as drivers. Coca-Cola Stock Breaks Above 50-Day Moving Average
• Positive Sentiment: Favorable analyst backdrop: The average brokerage recommendation remains equivalent to a Buy, while Zacks has highlighted KO among high-performing consumer-staples stocks for a stable fourth-quarter portfolio. High-Flying Consumer Staples Stocks
• Positive Sentiment: Relative advantage versus PepsiCo: Coca-Cola has raised its full-year adjusted earnings guidance, while PepsiCo lowered its outlook amid rising costs and weak North American volumes. This may reinforce KO’s defensive appeal. Coca-Cola Versus PepsiCo
• Neutral Sentiment: Upcoming catalysts: Investors are monitoring Coca-Cola’s expected October 27 third-quarter earnings report and reports about a potential Costa Coffee sale. Continued attention from investors and financial media could support trading interest, but neither development has been confirmed as a material earnings catalyst. Coca-Cola Latest Company Updates
• Positive Sentiment: Portfolio and innovation appeal: Coca-Cola’s 63-year record of dividend increases and efforts to compete in emerging functional-soda categories such as Poppi and Olipop support its long-term income and growth narrative.
• Negative Sentiment: Valuation and cash-flow concerns: KO’s strong run has created valuation risk, with commentary questioning whether its premium is justified. Separately, last year’s dividend payments exceeded free cash flow by billions, raising concerns about the sustainability of future dividend growth. Coca-Cola Dividend Sustainability

Analyst Ratings Changes

KO has been the subject of several research analyst reports. Daiwa Securities Group upped their target price on CocaCola from $83.00 to $93.00 and gave the stock an "outperform" rating in a research note on Thursday, July 30th. BNP Paribas Exane lifted their price target on shares of CocaCola from $90.00 to $98.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Morgan Stanley reissued an "overweight" rating and issued a $100.00 price target (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Piper Sandler restated an "overweight" rating and set a $95.00 price objective (up from $88.00) on shares of CocaCola in a research report on Wednesday, September 16th. Finally, Citigroup upped their price objective on shares of CocaCola from $100.00 to $102.00 and gave the stock a "buy" rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $96.05.

About CocaCola

The Coca-Cola Company NYSE: KO is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company's best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.

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