First National Trust Co Has $12.04 Million Holdings in CocaCola Company (The) $KO

First National Trust Co trimmed its position in CocaCola Company (The) (NYSE:KO - Free Report) by 7.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 148,194 shares of the company's stock after selling 11,296 shares during the period. First National Trust Co's holdings in CocaCola were worth $12,044,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. CWS Financial Advisors LLC grew its position in CocaCola by 11.8% during the 2nd quarter. CWS Financial Advisors LLC now owns 9,482 shares of the company's stock worth $771,000 after acquiring an additional 1,002 shares during the last quarter. Acorn Wealth Advisors LLC raised its position in CocaCola by 9.2% in the second quarter. Acorn Wealth Advisors LLC now owns 5,195 shares of the company's stock valued at $422,000 after purchasing an additional 436 shares during the last quarter. Ascentis Wealth Management LLC boosted its stake in shares of CocaCola by 7.9% during the second quarter. Ascentis Wealth Management LLC now owns 10,638 shares of the company's stock valued at $865,000 after purchasing an additional 779 shares in the last quarter. Assetmark Inc. boosted its stake in shares of CocaCola by 6.4% during the second quarter. Assetmark Inc. now owns 411,865 shares of the company's stock valued at $33,472,000 after purchasing an additional 24,795 shares in the last quarter. Finally, Zinnia Wealth Advisory LLC bought a new stake in shares of CocaCola during the second quarter worth about $212,000. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola News Summary

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Analyst coverage remains generally supportive, with brokers highlighting Coca-Cola as an investment candidate. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus and revenue growth of 6.2% year over year. Brokers Suggest Investing in Coca-Cola
• Positive Sentiment: Investors have been seeking established, lower-volatility companies, helping Coca-Cola reach an all-time high and break above $90 for the first time. Its strong brand portfolio and defensive characteristics may be attractive amid market uncertainty. Coca-Cola Hits All-Time High
• Positive Sentiment: Coca-Cola’s long dividend record continues to support its appeal to income-focused investors. Berkshire Hathaway reportedly receives approximately $848 million annually from its Coca-Cola holdings, underscoring the scale and consistency of the payout. Dividend King Pays Berkshire
• Neutral Sentiment: Coverage is also examining Coca-Cola’s cash flow and dividend sustainability as interest rates and bond yields rise. Higher yields could increase the relative appeal of fixed-income investments, although Coca-Cola’s recurring cash generation remains central to its income-investor case. Coca-Cola Cash Flow as Yields Rise
• Negative Sentiment: Executive Vice President Nancy Quan sold 50,000 shares worth about $4.5 million. The filing states the sale covered tax withholding tied to vested equity awards, reducing its negative signaling value, though it may create modest near-term selling pressure.

Insider Buying and Selling

In related news, CFO John Murphy sold 152,483 shares of the business's stock in a transaction on Friday, July 31st. The shares were 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 $24,439,553.27. The trade was a 35.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Sanket Ray sold 9,958 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $86.50, for a total transaction of $861,367.00. Following the transaction, the insider directly owned 62,105 shares in the company, valued at approximately $5,372,082.50. This represents a 13.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,483,535 shares of company stock worth $126,442,198 over the last ninety days. 0.90% of the stock is owned by company insiders.

CocaCola Trading Up 0.5%

NYSE:KO opened at $90.91 on Friday. CocaCola Company has a 52 week low of $65.35 and a 52 week high of $91.86. 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 firm's fifty day moving average is $84.27 and its 200-day moving average is $80.37. The firm has a market cap of $391.14 billion, a P/E ratio of 27.30, a P/E/G ratio of 3.18 and a beta of 0.33.

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

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.3%. CocaCola's dividend payout ratio (DPR) is 63.66%.

Analyst Ratings Changes

A number of research analysts recently issued reports on KO shares. Wells Fargo & Company raised their price objective on shares of CocaCola from $90.00 to $95.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Evercore restated an "outperform" rating and issued a $100.00 price target on shares of CocaCola in a research report on Tuesday, July 28th. Morgan Stanley reaffirmed an "overweight" rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a research note on Wednesday, July 29th. UBS Group set a $104.00 price target on shares of CocaCola and gave the stock a "buy" rating in a report on Wednesday, July 29th. Finally, Piper Sandler boosted their price objective on shares of CocaCola from $88.00 to $95.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $95.76.

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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