Confluence Wealth Services Inc. Boosts Stake in CocaCola Company (The) $KO

Key Points

• Confluence Wealth Services increased its Coca-Cola stake by 52.5% in the second quarter, bringing its holdings to 44,125 shares valued at approximately $3.586 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola beat quarterly expectations with $0.97 EPS and $13.37 billion in revenue, while revenue rose 6.2% year over year. The company maintained its 2026 EPS guidance of $3.27–$3.30.
• The company declared a quarterly dividend of $0.53 per share, equivalent to a 2.4% annualized yield; analysts maintain a “Moderate Buy” consensus with an average price target of $95.76 versus the reported $87.66 share price.

Confluence Wealth Services Inc. boosted its position in CocaCola Company (The) (NYSE:KO - Free Report) by 52.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,125 shares of the company's stock after purchasing an additional 15,197 shares during the period. Confluence Wealth Services Inc.'s holdings in CocaCola were worth $3,586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Exchange Traded Concepts LLC boosted its position in shares of CocaCola by 10.3% during the second quarter. Exchange Traded Concepts LLC now owns 325,824 shares of the company's stock valued at $26,480,000 after buying an additional 30,541 shares during the period. Meridian Financial Advisors LLC raised its holdings in shares of CocaCola by 4.7% in the second quarter. Meridian Financial Advisors LLC now owns 3,365 shares of the company's stock worth $273,000 after buying an additional 150 shares during the period. Lee Financial Co lifted its stake in shares of CocaCola by 0.5% during the 2nd quarter. Lee Financial Co now owns 25,177 shares of the company's stock worth $2,051,000 after acquiring an additional 135 shares during the last quarter. Entelevest LLC lifted its stake in shares of CocaCola by 11.3% during the 2nd quarter. Entelevest LLC now owns 2,961 shares of the company's stock worth $241,000 after acquiring an additional 301 shares during the last quarter. Finally, Monument Capital Management boosted its holdings in CocaCola by 6.4% during the 2nd quarter. Monument Capital Management now owns 19,842 shares of the company's stock valued at $1,613,000 after acquiring an additional 1,195 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.

CocaCola Price Performance

NYSE:KO opened at $87.66 on Friday. CocaCola Company has a one year low of $65.35 and a one year high of $90.92. 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 firm has a market cap of $377.15 billion, a price-to-earnings ratio of 26.32, a PEG ratio of 3.06 and a beta of 0.33. The firm's fifty day moving average is $83.51 and its two-hundred day moving average is $79.81.

CocaCola (NYSE:KO - Get Free Report) last released 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. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. During the same quarter last year, the business earned $0.87 earnings per share. The firm's revenue was up 6.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Research analysts expect that CocaCola Company will post 3.29 EPS for the current year.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola's dividend payout ratio (DPR) is presently 63.66%.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s improved full-year revenue and earnings guidance, expanding margins, broad-based volume growth and market-share gains reinforce confidence in its operating momentum. Coca-Cola’s Raised Guidance And Margin Gains Might Change the Case for Investing in Coca-Cola
• Positive Sentiment: Volume growth supports demand: Recent analysis points to steady global volume growth, suggesting consumers continue to purchase Coca-Cola products despite broader economic pressure. Coca-Cola in Focus as Volume Growth Anchors a Steady Picture
• Positive Sentiment: Analyst expectations remain supportive: Analysts have issued higher earnings forecasts and are preparing for third-quarter results, extending the positive reaction to the company’s latest earnings beat. Coca-Cola reported $0.97 in quarterly EPS versus a $0.93 consensus estimate, with revenue up 6.2% year over year.
• Positive Sentiment: Defensive and income appeal: Commentary continues to highlight KO as a Dividend King and a long-term Warren Buffett-backed holding. That reputation may support demand from investors seeking reliable dividends and relatively defensive consumer-staples exposure. 5 Dividend Kings to Buy and Hold Forever in August
• Neutral Sentiment: Valuation and sustainability are under debate: Investors are weighing Coca-Cola’s stronger results against whether its recent momentum can persist through the second half of the year. With the stock trading at a premium earnings multiple, further gains may depend on continued execution. The Debates That Matter for KO Stock
• Neutral Sentiment: Macro risks remain: Coverage is monitoring inflation, gasoline prices and consumer spending because higher household costs could pressure demand or reduce purchasing power. Why Is Coca-Cola in Focus as Gasoline Prices Pressure Consumers?
• Neutral Sentiment: Bottler financing news: Coca-Cola İçecek authorized management to seek up to $1 billion in overseas debt for refinancing and growth. The development concerns the regional bottler rather than Coca-Cola directly, so its immediate effect on KO is likely limited. Coca-Cola İçecek Seeks Up to USD 1 Billion in Overseas Debt

Insider Buying and Selling at CocaCola

In related news, EVP Jennifer K. Mann sold 23,984 shares of CocaCola stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the transaction, the executive vice president owned 157,400 shares in the company, valued at $13,128,734. The trade was a 13.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sanket Ray sold 9,958 shares of CocaCola stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $86.50, for a total value of $861,367.00. Following the sale, the insider directly owned 62,105 shares of the company's stock, valued at $5,372,082.50. This trade represents a 13.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,433,535 shares of company stock valued at $121,922,698. 0.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have commented on KO. Bank of America upped their price objective on CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Barclays lifted their target price on CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Seaport Research Partners set a $95.00 target price on shares of CocaCola in a research note on Friday. Truist Financial set a $88.00 price target on shares of CocaCola in a report on Friday, June 26th. Finally, Argus raised their price target on shares of CocaCola from $91.00 to $97.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, CocaCola has an average rating of "Moderate Buy" and an average price target of $95.76.

CocaCola Company 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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