Corient Private Wealth LP Cuts Holdings in CocaCola Company (The) $KO

Key Points

• Corient Private Wealth reduced its Coca-Cola stake by 16.3% in the second quarter, selling 472,763 shares and retaining 2.43 million shares valued at approximately $197.7 million. Institutional investors and hedge funds collectively own 70.26% of the company.
• Analyst sentiment remains positive: Coca-Cola has a “Moderate Buy” consensus rating and an average price target of $95.76, with several firms recently raising their targets; HSBC, however, downgraded the stock to “Hold.”
• Coca-Cola exceeded quarterly expectations with $0.97 in EPS and $13.37 billion in revenue, while maintaining 2026 EPS guidance of $3.27–$3.30. The company also declared a quarterly dividend of $0.53 per share, equivalent to a 2.4% annual yield.

Corient Private Wealth LP lessened its stake in CocaCola Company (The) (NYSE:KO - Free Report) by 16.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,432,821 shares of the company's stock after selling 472,763 shares during the quarter. Corient Private Wealth LP owned 0.06% of CocaCola worth $197,725,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Groupe la Francaise boosted its position in shares of CocaCola by 17.5% during the 2nd quarter. Groupe la Francaise now owns 1,057,942 shares of the company's stock worth $85,338,000 after acquiring an additional 157,321 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of CocaCola during the second quarter worth about $20,531,000. Financial Insights Inc. increased its position in shares of CocaCola by 23.5% during the second quarter. Financial Insights Inc. now owns 7,201 shares of the company's stock worth $585,000 after purchasing an additional 1,369 shares in the last quarter. California State Teachers Retirement System increased its position in shares of CocaCola by 7,365.2% during the second quarter. California State Teachers Retirement System now owns 487,509,960 shares of the company's stock worth $39,619,934,000 after purchasing an additional 480,979,487 shares in the last quarter. Finally, Tanager Wealth Management LLP grew its stake in CocaCola by 13.5% during the 2nd quarter. Tanager Wealth Management LLP now owns 4,168 shares of the company's stock worth $339,000 after buying an additional 495 shares during the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Wells Fargo & Company lifted their target price on shares of CocaCola from $90.00 to $95.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Jefferies Financial Group lifted their price objective on shares of CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Seaport Research Partners set a $95.00 target price on shares of CocaCola in a research note on Friday, August 14th. Royal Bank Of Canada increased their price objective on CocaCola from $87.00 to $96.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Finally, HSBC downgraded CocaCola from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $95.76.

Insider Buying and Selling at CocaCola

In related news, EVP Nancy Quan sold 50,000 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $90.39, for a total transaction of $4,519,500.00. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company's stock, valued at approximately $20,186,798.70. This represents a 18.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 stock in a transaction on Friday, July 31st. The shares were sold at an average price of $87.31, for a total value 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. This represents a 35.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 926,620 shares of company stock worth $83,075,714. Corporate insiders own 0.90% of the company's stock.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst estimates moved higher. Zacks Research raised its forecast for third-quarter 2026 EPS to $0.87 from $0.86, while separate coverage reported higher fiscal 2027 EPS estimates. The full-year consensus remains $3.29 per share, reinforcing expectations for steady earnings growth. FY2027 EPS Estimates for CocaCola Lifted by Zacks Research
• Positive Sentiment: Wall Street sentiment is constructive. A Zacks analysis highlights optimistic analyst recommendations for KO, which can support the stock by encouraging buying interest and signaling confidence in the company’s outlook. Is Coca-Cola a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Defensive and dividend appeal remains strong. Coca-Cola is being featured alongside other Dividend Kings and Dividend Aristocrats as a reliable income investment. Its long record of dividend increases may become especially attractive if inflation or economic uncertainty leads investors toward stable consumer-staples companies. 3 Dividend Kings to Buy if the Fed Starts Raising Rates
• Neutral Sentiment: Recent articles emphasize Coca-Cola’s dividend history, including strategies for generating $10,000 in annual dividend income and meeting qualified-dividend holding periods. These pieces may broaden investor interest but do not change the company’s fundamentals. How Much Money You Need to Invest in Coca-Cola Stock to Get $10,000 in Annual Dividends
• Negative Sentiment: Some caution surrounds the recent outperformance. Coca-Cola has outperformed major technology stocks this year, but analysts note that some drivers of its improved results could normalize in coming quarters. That creates a risk that future gains and valuation expansion may moderate. Coca-Cola Is Outperforming Broadcom and Every Magnificent Seven Stock

CocaCola Stock Performance

Shares of NYSE:KO opened at $88.33 on Friday. The business has a 50-day moving average of $86.64 and a two-hundred day moving average of $81.49. The firm has a market capitalization of $380.03 billion, a PE ratio of 26.52, a P/E/G ratio of 3.42 and a beta of 0.34. 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 12 month low of $65.35 and a 12 month high of $92.49.

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 firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. CocaCola's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, research analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.53 dividend. 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 currently 63.66%.

About CocaCola

The Coca-Cola Company NYSE: KO is a global beverage company best known for its Coca-Cola soft drink, which was first introduced in 1886. The company was incorporated in 1892 and has grown into one of the world's largest beverage businesses.

Its portfolio includes sparkling soft drinks such as Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite and Fanta, along with water, sports drinks, coffee, tea, juice and dairy-based beverages. Other brands associated with the company include Dasani, smartwater, Powerade, Minute Maid, Simply, Costa Coffee, fairlife and Topo Chico.

The Coca-Cola Company primarily develops, owns and markets beverage brands, while relying on a global network of independent bottling partners and distributors to manufacture, package and deliver many of its products.

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