Oregon Public Employees Retirement Fund Buys 32,800 Shares of CocaCola Company (The) $KO

Key Points

• Oregon Public Employees Retirement Fund increased its Coca-Cola stake by 7.4%, purchasing 32,800 shares to bring its holdings to 476,094 shares valued at approximately $38.7 million. Institutional investors collectively own 70.26% of KO.
• Coca-Cola reported stronger-than-expected quarterly results, with EPS of $0.97 and revenue of $13.37 billion, up 6.2% year over year. The company maintained fiscal 2026 EPS guidance of $3.27–$3.30 and declared a quarterly dividend of $0.53 per share, yielding about 2.3% annually.
• KO was trading near its 52-week high at $90.58, with analysts assigning a “Moderate Buy” consensus and an average price target of $95.76. However, its valuation near 27 times earnings and recent insider stock sales could present headwinds.

Oregon Public Employees Retirement Fund increased its stake in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 7.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 476,094 shares of the company's stock after purchasing an additional 32,800 shares during the period. Oregon Public Employees Retirement Fund's holdings in CocaCola were worth $38,692,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of CocaCola by 13.3% in the fourth quarter. Brighton Jones LLC now owns 39,072 shares of the company's stock worth $2,433,000 after buying an additional 4,591 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in CocaCola by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,795 shares of the company's stock valued at $548,000 after acquiring an additional 293 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in CocaCola during the 1st quarter worth approximately $210,000. Jump Financial LLC increased its holdings in CocaCola by 450.5% during the 2nd quarter. Jump Financial LLC now owns 39,583 shares of the company's stock worth $2,800,000 after acquiring an additional 32,392 shares during the period. Finally, Osterweis Capital Management Inc. lifted its stake in CocaCola by 548.2% in the 2nd quarter. Osterweis Capital Management Inc. now owns 1,063 shares of the company's stock worth $75,000 after purchasing an additional 899 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

CocaCola Stock Up 0.3%

KO opened at $90.58 on Friday. CocaCola Company has a 12 month low of $65.35 and a 12 month high of $91.87. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The business's 50-day moving average price is $84.11 and its 200-day moving average price is $80.30. The company has a market cap of $389.72 billion, a P/E ratio of 27.20, a P/E/G ratio of 3.15 and a beta of 0.33.

CocaCola (NYSE:KO - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $13.17 billion. During the same period last year, the company earned $0.87 EPS. CocaCola'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. On average, equities analysts expect that CocaCola Company will post 3.29 EPS 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 paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 15th. CocaCola's dividend payout ratio is 63.66%.

CocaCola News Roundup

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Strong Q2 performance supports the stock. Coca-Cola reported adjusted earnings of $0.97 per share, exceeding the $0.93 analyst consensus, while revenue increased 6.2% year over year to $13.37 billion, ahead of expectations. The company maintained fiscal 2026 earnings guidance of $3.27-$3.30 per share. Reflecting on beverages, alcohol, and tobacco stocks’ Q2 earnings: Coca-Cola
• Positive Sentiment: Dividend reliability is attracting income-focused investors. Coverage highlights Coca-Cola’s status as a long-running “Dividend King,” with a decades-long record of annual dividend increases. Berkshire Hathaway, Warren Buffett’s investment company, receives approximately $848 million annually from its Coca-Cola holding, underscoring the scale and consistency of the payout. Does Coca-Cola pay dividends? Its yield and payout explained Dividend King pays Warren Buffett’s Berkshire $848 million each year
• Positive Sentiment: Momentum and defensive demand remain favorable. Coca-Cola recently moved above $90 and reached a new 52-week high, while reports say investors are seeking established blue-chip names. This supports the view that KO is benefiting from its defensive consumer-staples profile. Coca-Cola Stock Hits All-Time High as Investors Seek Out Blue-Chip Names
• Negative Sentiment: Valuation is a potential headwind. At roughly 28 times earnings and near its 52-week high, KO already reflects substantial optimism. Investors may require continued earnings growth and dividend support to justify additional gains. Coca-Cola Breaks $90 for the First Time

Analysts Set New Price Targets

Several research analysts have commented on KO shares. The Goldman Sachs Group reissued a "neutral" rating and issued a $86.00 price target (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. JPMorgan Chase & Co. increased their price objective on CocaCola from $90.00 to $96.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 29th. Royal Bank Of Canada lifted their price objective on CocaCola from $87.00 to $96.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. HSBC cut CocaCola from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 28th. Finally, Jefferies Financial Group raised their price target on CocaCola from $95.00 to $104.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, CocaCola presently has an average rating of "Moderate Buy" and a consensus price target of $95.76.

Insider Transactions at CocaCola

In related news, insider Bruno Pietracci sold 75,727 shares of the company's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the completion of the sale, the insider directly owned 35,393 shares in the company, valued at $3,172,982.45. This represents a 68.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through 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, CFO John Murphy sold 152,483 shares of the 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 sale, the chief financial officer directly owned 279,917 shares of the company's stock, valued at $24,439,553.27. The trade was a 35.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 1,433,535 shares of company stock valued at $121,922,698. 0.90% of the stock is currently owned by insiders.

CocaCola Company 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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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.

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