Corient Private Wealth LP Grows Stake in CocaCola Company (The) $KO

Key Points

• Corient Private Wealth increased its Coca-Cola stake by 5.1% to 3.05 million shares worth approximately $244.1 million. Institutional investors collectively own 70.26% of KO, although insiders sold shares primarily to cover tax withholding obligations.
• Coca-Cola exceeded quarterly expectations with EPS of $0.97 and revenue of $13.37 billion, up 6.2% year over year. Analysts remain positive, with a consensus “Moderate Buy” rating and an average price target of $95.76.
• The company declared a quarterly dividend of $0.53 per share, equivalent to $2.12 annually and a yield of about 2.4%. However, Coca-Cola’s valuation near 27 times earnings and rising Treasury yields could pressure its appeal to income-focused investors.

Corient Private Wealth LP raised its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 5.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,052,804 shares of the company's stock after purchasing an additional 147,220 shares during the period. Corient Private Wealth LP owned about 0.07% of CocaCola worth $244,113,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. State Street Corp lifted its stake in CocaCola by 1.2% in the fourth quarter. State Street Corp now owns 167,850,330 shares of the company's stock worth $11,734,417,000 after acquiring an additional 1,992,327 shares during the period. Geode Capital Management LLC increased its position in CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company's stock valued at $6,273,037,000 after purchasing an additional 433,547 shares during the period. Norges Bank purchased a new position in CocaCola during the 4th quarter valued at about $3,865,807,000. Bank of America Corp DE increased its position in CocaCola by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 45,958,636 shares of the company's stock valued at $3,735,058,000 after purchasing an additional 1,939,673 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of CocaCola by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company's stock valued at $2,816,697,000 after purchasing an additional 1,195,581 shares in the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related 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 directly owned 223,330 shares in the company, valued at $20,186,798.70. The trade was a 18.29% decrease in their position. The sale was disclosed in a filing 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, insider Bruno Pietracci sold 111,365 shares of the business's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $90.93, for a total value of $10,126,419.45. Following the transaction, the insider owned 41,365 shares in the company, valued at approximately $3,761,319.45. This trade represents a 72.92% 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. In the last ninety days, insiders sold 1,594,900 shares of company stock valued at $136,568,617. 0.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KO. JPMorgan Chase & Co. upped their price target on shares of CocaCola from $90.00 to $96.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. TD Cowen boosted their price objective on shares of CocaCola from $90.00 to $100.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Weiss Ratings restated a "buy (b+)" rating on shares of CocaCola in a report on Friday, July 31st. Royal Bank Of Canada increased their target price on CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a research report on Wednesday, July 29th. Finally, Truist Financial set a $88.00 price target on CocaCola in a report on Friday, June 26th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $95.76.

CocaCola Stock Down 1.7%

NYSE:KO opened at $90.07 on Thursday. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $92.49. The stock has a market capitalization of $387.53 billion, a P/E ratio of 27.05, a P/E/G ratio of 3.20 and a beta of 0.33. 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 company's 50-day simple moving average is $84.93 and its 200-day simple moving average is $80.69.

CocaCola (NYSE:KO - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The company's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.87 EPS. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, equities analysts anticipate that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Announces Dividend

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

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola launched a new Fanta Halloween campaign aimed at making the brand a larger part of seasonal consumer spending. The initiative could support marketing engagement and incremental sales, although its near-term financial impact is uncertain. Coca-Cola launches the Fanta Halloween campaign
• Positive Sentiment: Analyst coverage remains generally favorable, with Coca-Cola carrying an average “Moderate Buy” rating. Recent quarterly earnings beats, global brand strength and full-year 2026 EPS guidance of $3.27-$3.30 continue to support the growth-compounder narrative. Coca-Cola receives Moderate Buy recommendation
• Neutral Sentiment: Coca-Cola’s quarterly dividend remains an important part of the investment case, with a declared payment of $0.53 per share and an annualized yield of about 2.3%. However, higher bond yields may make income-oriented investors less willing to pay a premium for defensive dividend stocks. 5 Blue-Chip Dividend Stocks to Buy
• Negative Sentiment: The 30-year Treasury yield has risen above 5.2%, increasing competition for Coca-Cola’s dividend and potentially pressuring the valuation of this low-beta, defensive stock. 30-Year Treasury yield rises above Coca-Cola yield
• Negative Sentiment: Recent market commentary says Coca-Cola is declining more than the broader market, while comparisons with PepsiCo highlight concerns about relative growth and performance. With KO trading at roughly 27 times earnings and after a strong rally, investors may be taking profits or demanding faster growth. Coca-Cola declines more than the market

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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