Exchange Traded Concepts LLC Boosts Holdings in CocaCola Company (The) $KO

Key Points

• Exchange Traded Concepts increased its Coca-Cola stake by 10.3% in the second quarter, bringing its holdings to 325,824 shares valued at approximately $26.48 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola reported quarterly EPS of $0.97 versus the $0.93 consensus estimate, while revenue rose 6.2% year over year to $13.37 billion. The company reaffirmed fiscal 2026 EPS guidance of $3.27–$3.30.
• Analyst sentiment remains favorable, with 15 Buy ratings and three Holds producing a Moderate Buy consensus and an average price target of $95.76. Coca-Cola also declared a quarterly dividend of $0.53, representing a 2.4% annualized yield.

Exchange Traded Concepts LLC raised its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 10.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 325,824 shares of the company's stock after acquiring an additional 30,541 shares during the period. Exchange Traded Concepts LLC's holdings in CocaCola were worth $26,480,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Anfield Capital Management LLC boosted its stake in shares of CocaCola by 438.8% during the 4th quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock worth $25,000 after purchasing an additional 294 shares during the period. Louisbourg Investments Inc. purchased a new stake in CocaCola in the 1st quarter worth about $25,000. Headlands Technologies LLC purchased a new stake in CocaCola in the 2nd quarter worth about $26,000. Evolution Wealth Management Inc. lifted its stake in CocaCola by 1,081.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock worth $27,000 after purchasing an additional 357 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in CocaCola in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 70.26% of the company's stock.

Analyst Upgrades and Downgrades

KO has been the subject of several recent analyst reports. Seaport Research Partners set a $95.00 target price on CocaCola in a research report on Friday. Barclays increased their price target on CocaCola from $91.00 to $93.00 and gave the stock an "overweight" rating in a report on Thursday, July 30th. Truist Financial set a $88.00 price target on CocaCola in a research note on Friday, June 26th. JPMorgan Chase & Co. boosted their price objective on CocaCola from $90.00 to $96.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Finally, Bank of America upped their price objective on CocaCola from $90.00 to $95.00 and gave the company a "buy" rating in a research report on Friday, July 10th. Fifteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $95.76.

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Raised outlook and margin gains: Coca-Cola’s improved full-year revenue and earnings guidance, expanding margins, broad-based volume growth and market-share gains reinforce confidence in its operating momentum. Coca-Cola’s Raised Guidance And Margin Gains Might Change the Case for Investing in Coca-Cola
• Positive Sentiment: Volume growth supports demand: Recent analysis points to steady global volume growth, suggesting consumers continue to purchase Coca-Cola products despite broader economic pressure. Coca-Cola in Focus as Volume Growth Anchors a Steady Picture
• Positive Sentiment: Analyst expectations remain supportive: Analysts have issued higher earnings forecasts and are preparing for third-quarter results, extending the positive reaction to the company’s latest earnings beat. Coca-Cola reported $0.97 in quarterly EPS versus a $0.93 consensus estimate, with revenue up 6.2% year over year.
• Positive Sentiment: Defensive and income appeal: Commentary continues to highlight KO as a Dividend King and a long-term Warren Buffett-backed holding. That reputation may support demand from investors seeking reliable dividends and relatively defensive consumer-staples exposure. 5 Dividend Kings to Buy and Hold Forever in August
• Neutral Sentiment: Valuation and sustainability are under debate: Investors are weighing Coca-Cola’s stronger results against whether its recent momentum can persist through the second half of the year. With the stock trading at a premium earnings multiple, further gains may depend on continued execution. The Debates That Matter for KO Stock
• Neutral Sentiment: Macro risks remain: Coverage is monitoring inflation, gasoline prices and consumer spending because higher household costs could pressure demand or reduce purchasing power. Why Is Coca-Cola in Focus as Gasoline Prices Pressure Consumers?
• Neutral Sentiment: Bottler financing news: Coca-Cola İçecek authorized management to seek up to $1 billion in overseas debt for refinancing and growth. The development concerns the regional bottler rather than Coca-Cola directly, so its immediate effect on KO is likely limited. Coca-Cola İçecek Seeks Up to USD 1 Billion in Overseas Debt

CocaCola Trading Up 0.3%

KO opened at $87.66 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The stock's fifty day moving average is $83.51 and its two-hundred day moving average is $79.81. The company has a market capitalization of $377.15 billion, a P/E ratio of 26.32, a PEG ratio of 3.06 and a beta of 0.33. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $90.92.

CocaCola (NYSE:KO - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.The business had revenue of $13.37 billion during the quarter, compared to analysts' expectations of $13.17 billion. During the same period in the prior year, the business earned $0.87 EPS. The business'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. Analysts forecast that CocaCola Company will post 3.29 earnings per share for the current year.

CocaCola Dividend Announcement

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

Insider Transactions at CocaCola

In related news, EVP Jennifer K. Mann sold 23,984 shares of the company's stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $83.41, for a total value of $2,000,505.44. Following the completion of the sale, the executive vice president directly owned 157,400 shares of the company's stock, valued at $13,128,734. This represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Murphy sold 152,483 shares of the 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 transaction, the chief financial officer owned 279,917 shares in the company, valued at approximately $24,439,553.27. The trade was 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. Insiders sold a total of 1,433,535 shares of company stock valued at $121,922,698 over the last three months. 0.90% of the stock is currently owned by corporate insiders.

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.

Want to see what other hedge funds are holding KO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CocaCola Company (The) (NYSE:KO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source