Cornerstone Planning LLC Invests $3.13 Million in CocaCola Company (The) $KO

Key Points

• Cornerstone Planning LLC opened a new position in Coca-Cola, buying 44,625 shares worth about $3.13 million in the fourth quarter.
• Insider selling was significant: Chairman James Quincey sold 436,296 shares, and EVP Nancy Quan sold 31,625 shares, with insiders offloading 899,905 shares worth about $71.8 million over the last 90 days.
• Coca-Cola reported better-than-expected quarterly results, with EPS of $0.86 on revenue of $12.47 billion, and it also declared a quarterly dividend of $0.53 per share, implying a 2.7% annual yield.

Cornerstone Planning LLC purchased a new stake in CocaCola Company (The) (NYSE:KO - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 44,625 shares of the company's stock, valued at approximately $3,134,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in CocaCola by 13.3% during the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock valued at $2,433,000 after acquiring an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in CocaCola by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock worth $548,000 after purchasing an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in CocaCola in the 1st quarter valued at $210,000. Jump Financial LLC boosted its holdings in CocaCola by 450.5% in the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company's stock valued at $2,800,000 after purchasing an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. grew its position in shares of CocaCola by 548.2% during the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock valued at $75,000 after purchasing an additional 899 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CocaCola news, Chairman James Quincey sold 436,296 shares of CocaCola stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $80.13, for a total transaction of $34,960,398.48. Following the transaction, the chairman directly owned 122,833 shares of the company's stock, valued at approximately $9,842,608.29. This trade represents a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 31,625 shares of the company's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the sale, the executive vice president directly owned 223,330 shares of the company's stock, valued at $18,074,096.90. This trade represents a 12.40% decrease in their position. 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. Over the last ninety days, insiders have sold 899,905 shares of company stock valued at $71,832,315. 0.90% of the stock is currently owned by corporate insiders.

CocaCola Price Performance

KO opened at $79.43 on Friday. The stock has a 50-day moving average price of $79.03 and a 200-day moving average price of $75.93. CocaCola Company has a 12-month low of $65.35 and a 12-month high of $84.04. The company has a current ratio of 1.36, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $341.75 billion, a P/E ratio of 24.98, a PEG ratio of 3.17 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.05. The company had revenue of $12.47 billion for the quarter, compared to analysts' expectations of $12.24 billion. CocaCola had a return on equity of 40.55% and a net margin of 27.80%.CocaCola's revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $0.73 EPS. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. Equities analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola's dividend payout ratio (DPR) is presently 66.67%.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analysts and market commentators continue to view Coca-Cola as a durable long-term holding because of its global brand strength, pricing power, and ability to perform in inflationary conditions.
• Positive Sentiment: Articles focused on KO’s dividend appeal emphasize its 62-year streak of dividend increases, reinforcing its status as an income stock for conservative investors.
• Positive Sentiment: KO was included in a list of non-tech wide-moat stocks for stable returns in the second half of 2026, which may draw more defensive capital into the shares.
• Neutral Sentiment: One piece compared Coca-Cola’s year-to-date performance with other consumer staples peers, suggesting investors are evaluating KO mainly as part of a broader sector rotation rather than on company-specific news.
• Neutral Sentiment: Seeking Alpha commentary noted some technical caution even while remaining constructive on the business, implying valuation and chart factors may limit immediate upside.
• Neutral Sentiment: Most of the coverage was opinion and analysis rather than a major earnings or operational announcement, so the stock’s move today appears tied more to sentiment around defensiveness and dividends than fresh fundamentals.

Analyst Ratings Changes

Several equities research analysts recently issued reports on KO shares. UBS Group lifted their price objective on CocaCola from $90.00 to $92.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Citigroup raised their price target on CocaCola from $90.00 to $91.00 and gave the company a "buy" rating in a report on Monday, May 18th. Sanford C. Bernstein began coverage on CocaCola in a research report on Thursday, June 11th. They set a "market perform" rating and a $84.00 price target for the company. Weiss Ratings upgraded shares of CocaCola from a "buy (b)" rating to a "buy (b+)" rating in a research report on Monday, May 4th. Finally, Jefferies Financial Group raised their target price on shares of CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research note on Monday, March 16th. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, CocaCola currently has an average rating of "Moderate Buy" and a consensus target price of $86.69.

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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