Evelyn Partners Investment Management LLP Boosts Stock Holdings in CocaCola Company (The) $KO

Key Points

• Evelyn Partners Investment Management LLP increased its Coca-Cola stake by 11.4% in the fourth quarter, buying 99,598 more shares and bringing its total holding to 969,870 shares worth about $67.8 million.
• Coca-Cola posted solid Q1 results, beating both earnings and revenue estimates with EPS of $0.86 and revenue of $12.47 billion, while revenue rose 11.4% year over year and the company reiterated FY 2026 EPS guidance of 3.240-3.270.
• Wall Street sentiment remains favorable, with multiple firms raising price targets and 15 analysts rating KO a Buy; the stock also supports income investors with a quarterly dividend of $0.53 per share, yielding about 2.6%.

Evelyn Partners Investment Management LLP boosted its position in CocaCola Company (The) (NYSE:KO - Free Report) by 11.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 969,870 shares of the company's stock after purchasing an additional 99,598 shares during the period. CocaCola comprises approximately 1.9% of Evelyn Partners Investment Management LLP's portfolio, making the stock its 15th biggest holding. Evelyn Partners Investment Management LLP's holdings in CocaCola were worth $67,804,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of KO. Eurizon SLJ Capital Ltd bought a new position in shares of CocaCola in the fourth quarter worth $552,000. Farther Finance Advisors LLC increased its holdings in shares of CocaCola by 38.1% in the fourth quarter. Farther Finance Advisors LLC now owns 111,598 shares of the company's stock worth $7,802,000 after purchasing an additional 30,786 shares during the period. Dynamic Technology Lab Private Ltd increased its holdings in shares of CocaCola by 82.3% in the third quarter. Dynamic Technology Lab Private Ltd now owns 49,700 shares of the company's stock worth $3,296,000 after purchasing an additional 22,444 shares during the period. Capitolis Liquid Global Markets LLC increased its holdings in shares of CocaCola by 16.4% in the third quarter. Capitolis Liquid Global Markets LLC now owns 710,000 shares of the company's stock worth $47,087,000 after purchasing an additional 100,000 shares during the period. Finally, King Luther Capital Management Corp increased its holdings in shares of CocaCola by 0.8% in the fourth quarter. King Luther Capital Management Corp now owns 3,852,525 shares of the company's stock worth $269,330,000 after purchasing an additional 31,694 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: RBC Capital reiterated its buy view on Coca-Cola, reinforcing Wall Street’s generally favorable stance on KO and supporting the stock’s recent strength.
• Positive Sentiment: Several reports highlighted Coca-Cola as a potential beneficiary of the 2026 FIFA World Cup, with expectations that beverage volume and consumer spending could rise during the tournament.
• Positive Sentiment: Market commentary also pointed to strong Q1 results, including an earnings and revenue beat, solid organic growth, and volume gains, which continue to underpin the bullish investment case. Coca-Cola’s Q1 Results Prove It's a Good Buy to Hold and Hold
• Positive Sentiment: Investor interest remains supported by Coca-Cola’s reliable dividend and defensive profile, which continue to attract income-focused buyers.
• Neutral Sentiment: EVP Jennifer K. Mann disclosed a stock sale, but it was conducted under a pre-arranged 10b5-1 plan and tied to equity-award tax withholding, making it less of a concern than discretionary insider selling.

CocaCola Stock Up 0.1%

Shares of NYSE:KO opened at $82.63 on Friday. CocaCola Company has a 52-week low of $65.35 and a 52-week high of $84.04. The firm has a fifty day moving average of $78.70 and a 200 day moving average of $75.68. The firm has a market capitalization of $355.51 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 3.30 and a beta of 0.35. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.15 and a current ratio of 1.36.

CocaCola (NYSE:KO - Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. CocaCola had a net margin of 27.80% and a return on equity of 40.55%. The company had revenue of $12.47 billion during the quarter, compared to analyst estimates of $12.24 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The firm's quarterly revenue was up 11.4% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. As a group, research analysts anticipate that CocaCola Company will post 3.26 EPS 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 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, June 15th. CocaCola's dividend payout ratio is presently 66.67%.

Insider Buying and Selling at CocaCola

In other CocaCola news, EVP Nancy Quan sold 31,625 shares of the company's stock in a transaction dated 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 in the company, valued at $18,074,096.90. This represents a 12.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Chairman James Quincey sold 436,296 shares of the company's stock in a transaction dated 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 sale, the chairman owned 122,833 shares of the company's stock, valued at approximately $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders sold a total of 899,905 shares of company stock worth $71,832,315 over the last three months. Company insiders own 0.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KO. Deutsche Bank Aktiengesellschaft upped their price target on shares of CocaCola from $83.00 to $86.00 and gave the stock a "buy" rating in a report on Monday, March 30th. Wells Fargo & Company upped their price target on shares of CocaCola from $87.00 to $90.00 and gave the stock an "overweight" rating in a report on Monday, May 18th. Morgan Stanley set a $89.00 target price on shares of CocaCola in a research report on Wednesday. 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, UBS Group upped their target price on shares of CocaCola from $90.00 to $92.00 and gave the stock a "buy" rating in a research report on Wednesday, April 29th. Fifteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, CocaCola presently has a consensus rating of "Moderate Buy" and an average price target of $86.69.

CocaCola 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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