First National Bank of Omaha Raises Position in CocaCola Company (The) $KO

Key Points

• First National Bank of Omaha boosted its Coca-Cola stake by 40.2% in the fourth quarter, and several other institutional investors also added to their positions. Overall, hedge funds and other institutions now own 70.26% of KO shares.
• Coca-Cola reported strong quarterly results, with EPS of $0.86 beating estimates and revenue of $12.47 billion also topping forecasts. The company raised guidance for FY 2026 and analysts remain broadly positive, with a consensus Moderate Buy rating.
• The company announced a quarterly dividend of $0.53 per share, payable July 1, for an annualized yield of about 2.6%. Recent insider sales were disclosed, but they were conducted under pre-arranged 10b5-1 plans and tied to tax withholding.

First National Bank of Omaha increased its holdings in CocaCola Company (The) (NYSE:KO - Free Report) by 40.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 125,473 shares of the company's stock after purchasing an additional 35,991 shares during the quarter. First National Bank of Omaha's holdings in CocaCola were worth $8,779,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Eurizon SLJ Capital Ltd purchased a new position in shares of CocaCola in the fourth quarter valued at about $552,000. Farther Finance Advisors LLC increased its position 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 valued at $7,802,000 after acquiring an additional 30,786 shares during the period. Dynamic Technology Lab Private Ltd increased its position 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 valued at $3,296,000 after acquiring an additional 22,444 shares during the period. Capitolis Liquid Global Markets LLC increased its position 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 valued at $47,087,000 after acquiring an additional 100,000 shares during the period. Finally, King Luther Capital Management Corp increased its position 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 valued at $269,330,000 after acquiring an additional 31,694 shares during the period. Hedge funds and other institutional investors own 70.26% of the company's stock.

Insider Buying and Selling

In related news, Chairman James Quincey sold 436,296 shares of the business'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 $9,842,608.29. The trade was a 78.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 Jennifer K. Mann sold 23,984 shares of the business's stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $83.41, for a total transaction of $2,000,505.44. Following the sale, the executive vice president directly owned 157,400 shares in the company, valued at $13,128,734. The trade was a 13.22% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 899,905 shares of company stock valued at $71,832,315 over the last quarter. Corporate insiders own 0.90% of the company's stock.

CocaCola Price Performance

Shares of NYSE KO opened at $82.63 on Friday. CocaCola Company has a 1 year low of $65.35 and a 1 year high of $84.04. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.36 and a quick ratio of 1.15. The company's 50-day moving average is $78.70 and its 200 day moving average is $75.68. The stock has a market capitalization of $355.51 billion, a P/E ratio of 25.98, a P/E/G ratio of 3.30 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts' expectations of $12.24 billion. During the same quarter in the previous year, the company earned $0.73 earnings per share. CocaCola's quarterly revenue was up 11.4% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.240-3.270 EPS. On average, sell-side analysts expect that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 2.6%. CocaCola's payout ratio is presently 66.67%.

Key Stories 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.

Analysts Set New Price Targets

KO has been the topic of a number of analyst reports. Sanford C. Bernstein initiated coverage on shares of CocaCola in a research report on Thursday. They issued a "market perform" rating and a $84.00 price objective on the stock. Morgan Stanley set a $89.00 price objective on shares of CocaCola in a research report on Wednesday. UBS Group boosted their price target on shares of CocaCola from $90.00 to $92.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Barclays boosted their price target on shares of CocaCola from $85.00 to $89.00 and gave the company an "overweight" rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company boosted their price target on shares of CocaCola from $87.00 to $90.00 and gave the company an "overweight" rating in a research report on Monday, May 18th. Fifteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price 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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