Intact Investment Management Inc. Sells 31,100 Shares of CocaCola Company (The) $KO

Key Points

• Intact Investment Management trimmed its stake in Coca‑Cola (KO) by 12.6%, selling 31,100 shares in Q4 and finishing the quarter with 216,000 shares valued at $15.101 million.
• Coca‑Cola beat Q1 estimates with $0.86 EPS vs. $0.81 and $12.47B revenue (up 11.4% YoY), provided FY2026 EPS guidance of 3.240–3.270, and has spurred analyst upgrades and higher price targets.
• The company declared a quarterly dividend of $0.53 per share (annualized $2.12, ~2.7% yield; ex-dividend June 15), while senior insiders — including the CFO and CEO — have executed sizable share sales recently.

Intact Investment Management Inc. trimmed its holdings in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 12.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,000 shares of the company's stock after selling 31,100 shares during the quarter. Intact Investment Management Inc.'s holdings in CocaCola were worth $15,101,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC bought a new stake in CocaCola during the 2nd quarter worth approximately $26,000. Marquette Asset Management LLC bought a new stake in CocaCola during the 3rd quarter worth approximately $27,000. Daytona Street Capital LLC bought a new stake in CocaCola during the 4th quarter worth approximately $29,000. Cloud Capital Management LLC bought a new stake in CocaCola during the 3rd quarter worth approximately $27,000. Finally, Elevated Capital Advisors LLC bought a new stake in CocaCola during the 4th quarter worth approximately $30,000. 70.26% of the stock is owned by institutional investors.

CocaCola Trading Up 0.1%

NYSE:KO opened at $78.62 on Monday. The firm's fifty day moving average is $77.12 and its 200-day moving average is $73.61. 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 Company has a 52 week low of $65.35 and a 52 week high of $82.00. The firm has a market cap of $338.40 billion, a P/E ratio of 24.72, a P/E/G ratio of 3.14 and a beta of 0.35.

CocaCola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $12.24 billion. During the same quarter in the previous year, the company earned $0.73 EPS. CocaCola'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. Equities analysts expect that CocaCola Company will post 3.26 earnings per share for the current year.

CocaCola Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors 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 dividend yield of 2.7%. The ex-dividend date is Monday, June 15th. CocaCola's payout ratio is presently 66.67%.

Key Stories Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Q1 results beat expectations: Coca‑Cola reported stronger-than-expected Q1 revenue and EPS (double‑digit top‑line growth) that drove positive sentiment around durable growth and near-term guidance. Is Coca‑Cola a Buy, Hold, or Sell After Its Q1 2026 Earnings Report?
• Positive Sentiment: Dividend increase/quarterly dividend declared: KO declared a quarterly dividend (record June 15; payable July 1), reinforcing its dividend‑king status and supporting income investor demand.
• Positive Sentiment: Analysts are raising targets and ratings after earnings: Several firms have lifted price targets and reiterated/raised ratings following the Q1 beat, signaling analyst confidence in growth momentum. Example coverage of these upgrades is here. Morgan Stanley raises Coca‑Cola stock price target after earnings
• Positive Sentiment: Additional shop‑window coverage and buy recommendations: TD Cowen, JPMorgan and Barclays commentary mentioned in recent coverage has been constructive (higher targets / buy or overweight stances), which can help sustain buying interest. Is The Coca‑Cola Company (KO) One of the Best Large Cap Dividend Growth Stocks to Invest in?
• Neutral Sentiment: Shareowners re‑elected the board and rejected several ESG proposals at the annual meeting — the outcome supports current management strategy but leaves ESG activists disappointed; it’s governance news that may matter to some institutional holders. Coca‑Cola Shareowners Back Board, Reject ESG Proposals
• Negative Sentiment: Some analysts are cautious: Goldman Sachs has a Hold on KO, which could cap near‑term upside and weigh on momentum despite the broader wave of upgrades. Coca‑Cola (KO) Gets a Hold from Goldman Sachs

Insider Activity at CocaCola

In related news, CFO John Murphy sold 99,437 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $80.42, for a total transaction of $7,996,723.54. Following the transaction, the chief financial officer owned 410,550 shares in the company, valued at $33,016,431. The trade was a 19.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James Quincey sold 337,824 shares of the business's stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $77.10, for a total transaction of $26,046,230.40. Following the transaction, the chief executive officer owned 342,546 shares in the company, valued at $26,410,296.60. The trade was a 49.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 892,925 shares of company stock worth $70,254,796 over the last ninety days. 0.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on KO shares. Barclays upped their price objective on shares of CocaCola from $83.00 to $85.00 and gave the company an "overweight" rating in a research note on Thursday. Royal Bank Of Canada set a $87.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. Evercore reaffirmed an "outperform" rating and issued a $85.00 price objective on shares of CocaCola in a research note on Wednesday, February 11th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of CocaCola in a research note on Thursday, January 22nd. Finally, TD Cowen upped their price objective on shares of CocaCola from $85.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday. Fifteen research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $86.27.

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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