MidFirst Bank Invests $3.91 Million in CocaCola Company (The) $KO

Key Points

• MidFirst Bank opened a new position in Coca-Cola during the fourth quarter, buying 55,884 shares worth about $3.91 million.
• Coca-Cola continues to draw strong institutional and analyst support, with hedge funds owning 70.26% of the stock and multiple firms recently raising price targets; the consensus rating remains Moderate Buy.
• The company reported solid results and shareholder returns, including Q1 EPS of $0.86 versus estimates of $0.81, 11.4% revenue growth, and a quarterly dividend of $0.53 per share, yielding about 2.7%.

MidFirst Bank purchased a new position in CocaCola Company (The) (NYSE:KO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 55,884 shares of the company's stock, valued at approximately $3,907,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KO. Anfield Capital Management LLC boosted its holdings in shares of CocaCola by 438.8% during the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock valued at $25,000 after acquiring an additional 294 shares during the period. Headlands Technologies LLC acquired a new stake in shares of CocaCola in the 2nd quarter worth about $26,000. Evolution Wealth Management Inc. increased its holdings in shares of CocaCola by 1,081.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock worth $27,000 after acquiring an additional 357 shares during the period. Daytona Street Capital LLC bought a new stake in CocaCola in the 4th quarter valued at about $29,000. Finally, Ankerstar Wealth LLC bought a new stake in CocaCola in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Coca-Cola remains a favorite among dividend and blue-chip investors, with multiple recent articles highlighting its durable business model, strong free-cash-flow generation, and long track record of dividend growth. Several analysts and commentary pieces also describe KO as a solid long-term holding despite market volatility.
• Positive Sentiment: One Seeking Alpha piece argued that Coca-Cola still has upside, pointing to Q1 2026 double-digit revenue growth, margin expansion, pricing power, and valuation targets above current levels. Another noted the company’s strong Q1 results, including 10% organic revenue growth and 18% EPS growth, along with continued market share gains.
• Positive Sentiment: KO is also getting attention from stock screeners and analyst-focused articles that list it among attractive blue-chip or “must-own” dividend names, which can support sentiment for a defensive consumer-staples stock.
• Neutral Sentiment: News that Coca-Cola is exploring a potential IPO for its India bottling arm is being watched as a strategic refranchising move. Investors may see this as a way to streamline operations and unlock value, but details are still limited and the impact is uncertain.
• Negative Sentiment: Some recent commentary is more cautious on valuation, arguing that KO’s share price already reflects much of its quality and that the dividend yield has become less compelling at current levels. Technical caution was also mentioned in one article, suggesting limited near-term upside after the stock’s strong run.

Insider Activity at CocaCola

In related news, Chairman James Quincey sold 436,296 shares of the business's stock in a transaction that occurred on Friday, June 5th. The stock was 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 100,000 shares of the company's stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $79.46, for a total value of $7,946,000.00. Following the completion of the sale, the executive vice president owned 181,384 shares of the company's stock, valued at $14,412,772.64. This trade represents a 35.54% 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 have sold 899,905 shares of company stock worth $71,832,315 over the last quarter. 0.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on KO. Wells Fargo & Company boosted their target price on shares of CocaCola from $87.00 to $90.00 and gave the company an "overweight" rating in a research note on Monday, May 18th. Jefferies Financial Group raised their price target on shares of CocaCola from $87.00 to $90.00 and gave the company a "buy" rating in a research note on Monday, March 16th. Barclays lifted their price target on CocaCola from $85.00 to $89.00 and gave the company an "overweight" rating in a report on Thursday, May 21st. Citigroup increased their price objective on CocaCola from $90.00 to $91.00 and gave the stock a "buy" rating in a report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on CocaCola from $83.00 to $86.00 and gave the company a "buy" rating in a research report on Monday, March 30th. Fifteen research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CocaCola has an average rating of "Moderate Buy" and a consensus price target of $86.69.

CocaCola Stock Performance

KO stock opened at $79.43 on Friday. The company has a 50-day simple moving average of $78.98 and a 200 day simple moving average of $75.91. The company has a market capitalization of $341.75 billion, a P/E ratio of 24.98, a PEG ratio of 3.19 and a beta of 0.35. The company has a quick ratio of 1.15, a current ratio of 1.36 and a debt-to-equity ratio of 1.09. CocaCola Company has a fifty-two week low of $65.35 and a fifty-two week high of $84.04.

CocaCola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.86 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 firm had revenue of $12.47 billion for the quarter, compared to analysts' expectations of $12.24 billion. During the same quarter last year, the company earned $0.73 EPS. 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. Sell-side analysts predict that CocaCola Company will post 3.26 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date is Monday, June 15th. This represents a $2.12 annualized dividend and a dividend yield of 2.7%. CocaCola's dividend payout ratio (DPR) is 66.67%.

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.

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