Constitution Capital LLC Sells 26,555 Shares of CocaCola Company (The) $KO

Key Points

• Constitution Capital reduced its Coca-Cola stake by 28.6%, selling 26,555 shares in the second quarter and retaining 66,181 shares valued at approximately $5.38 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola exceeded quarterly expectations, reporting adjusted EPS of $0.97 versus $0.93 expected and revenue of $13.37 billion versus $13.17 billion expected. Organic revenue grew 6%, supported by a 5% increase in unit case volume.
• Analyst sentiment remains positive, but valuation is a concern. KO has a “Moderate Buy” consensus rating with a $95.76 average price target, while shares trade near their 12-month high at roughly 26 times earnings; the company also declared a quarterly dividend of $0.53.

Constitution Capital LLC cut its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 28.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,181 shares of the company's stock after selling 26,555 shares during the quarter. CocaCola accounts for about 2.8% of Constitution Capital LLC's holdings, making the stock its 13th biggest holding. Constitution Capital LLC's holdings in CocaCola were worth $5,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in KO. Everpar Advisors LLC lifted its holdings in shares of CocaCola by 0.9% during the 2nd quarter. Everpar Advisors LLC now owns 14,504 shares of the company's stock worth $1,179,000 after acquiring an additional 125 shares during the last quarter. Geneos Wealth Management Inc. raised its position in CocaCola by 0.3% during the first quarter. Geneos Wealth Management Inc. now owns 40,879 shares of the company's stock valued at $3,109,000 after purchasing an additional 129 shares in the last quarter. HORAN Wealth LLC lifted its stake in CocaCola by 3.9% during the first quarter. HORAN Wealth LLC now owns 3,458 shares of the company's stock worth $263,000 after purchasing an additional 130 shares during the last quarter. Wills Financial Group LLC boosted its holdings in shares of CocaCola by 1.3% in the 1st quarter. Wills Financial Group LLC now owns 10,170 shares of the company's stock worth $816,000 after purchasing an additional 133 shares in the last quarter. Finally, Beacon Financial Advisory LLC increased its position in shares of CocaCola by 0.5% during the 1st quarter. Beacon Financial Advisory LLC now owns 26,844 shares of the company's stock valued at $2,041,000 after purchasing an additional 136 shares during the last quarter. Institutional investors own 70.26% of the company's stock.

More CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Volume-led growth supports the bullish case. Coca-Cola’s second-quarter organic revenue increased 6%, led by a 5% rise in unit case volume, while price and mix contributed about 2%. The stronger volume performance suggests demand remains healthy rather than growth being driven mainly by higher prices. Coca-Cola's Revenue Growth: Organic Strength or Pricing-Led?
• Positive Sentiment: Recent earnings continue to provide support. Coca-Cola exceeded quarterly expectations, reporting $0.97 in adjusted earnings per share versus a $0.93 consensus estimate and $13.37 billion in revenue versus $13.17 billion expected. Analysts and market coverage also point to sustained earnings strength, resilient demand and the company’s long record of dividend increases as reasons for investor interest. 5 Stocks the Market Rewarded After Strong Earnings Results
• Neutral Sentiment: Coca-Cola İçecek reported strong first-half results, but the read-through to KO is limited. The bottling affiliate cited international growth and margin gains, while PwC and the company’s board confirmed the accuracy and compliance of its interim financial statements. These developments are supportive for the broader Coca-Cola system but concern Coca-Cola İçecek A.Ş. directly, not necessarily KO’s consolidated results. Coca-Cola İçecek Delivers Strong H1 2026 Results
• Negative Sentiment: Valuation is the main pressure point. After a substantial multiyear gain and a move near its all-time high, analysts argue that KO is close to fair value or modestly expensive. At approximately 26 times earnings, the stock’s premium may already reflect much of its earnings, dividend and defensive-growth appeal. Coca-Cola Stock Recently Hit a New All-Time High

Insider Buying and Selling

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the firm's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares of the company's stock, valued at approximately $18,074,096.90. This trade represents a 12.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 company's stock in a transaction dated Friday, July 31st. The stock was 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 directly owned 279,917 shares in the company, valued at $24,439,553.27. This represents a 35.26% 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 1,455,202 shares of company stock worth $123,620,742 over the last quarter. Company insiders own 0.90% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Evercore restated an "outperform" rating and issued a $100.00 target price on shares of CocaCola in a research report on Tuesday, July 28th. JPMorgan Chase & Co. boosted their price objective on shares of CocaCola from $90.00 to $96.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Argus increased their target price on shares of CocaCola from $91.00 to $97.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Barclays boosted their price target on shares of CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada raised their price objective on CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $95.76.

CocaCola Stock Down 0.3%

Shares of CocaCola stock opened at $86.82 on Tuesday. 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 Company has a 12-month low of $65.35 and a 12-month high of $90.92. The company has a market cap of $373.55 billion, a P/E ratio of 26.07, a PEG ratio of 3.04 and a beta of 0.33. The company's fifty day simple moving average is $82.82 and its two-hundred day simple moving average is $79.44.

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

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.4%. CocaCola's dividend payout ratio is currently 63.66%.

About CocaCola

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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