Pictet Asset Management Holding SA Has $225.17 Million Position in CocaCola Company (The) $KO

Key Points

• Pictet Asset Management Holding SA reduced its Coca-Cola position by 8.6% in the second quarter, selling 259,471 shares and retaining 2.77 million shares worth approximately $225.2 million. Institutional investors collectively own 70.26% of the company.
• Coca-Cola exceeded quarterly expectations, reporting $0.97 in earnings per share and $13.37 billion in revenue, with revenue up 6.2% year over year. Analysts maintain a generally positive view, with a “Moderate Buy” consensus rating and an average price target of $95.76.
• The company declared a quarterly dividend of $0.53 per share, equivalent to an annualized $2.12 payout and a 2.3% yield. Recent insider selling totaled about $126.4 million over 90 days, including transactions attributed partly to tax withholding obligations.

Pictet Asset Management Holding SA cut its position in shares of CocaCola Company (The) (NYSE:KO - Free Report) by 8.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,770,527 shares of the company's stock after selling 259,471 shares during the quarter. Pictet Asset Management Holding SA owned 0.06% of CocaCola worth $225,167,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Louisbourg Investments Inc. bought a new position in shares of CocaCola during the 1st quarter worth approximately $25,000. Guardian Partners Inc. bought a new stake in shares of CocaCola in the second quarter worth $27,000. Anfield Capital Management LLC lifted its position in shares of CocaCola by 438.8% in the fourth quarter. Anfield Capital Management LLC now owns 361 shares of the company's stock worth $25,000 after purchasing an additional 294 shares in the last quarter. Headlands Technologies LLC acquired a new position in CocaCola during the second quarter worth $26,000. Finally, Evolution Wealth Management Inc. boosted its holdings in CocaCola by 1,081.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 390 shares of the company's stock worth $27,000 after purchasing an additional 357 shares during the last quarter. Institutional investors and hedge funds own 70.26% of the company's stock.

CocaCola Price Performance

NYSE:KO opened at $90.91 on Friday. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $91.86. 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 firm has a fifty day simple moving average of $84.27 and a 200 day simple moving average of $80.37. The stock has a market capitalization of $391.14 billion, a PE 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 issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a net margin of 28.56% and a return on equity of 39.38%. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, research analysts expect that CocaCola Company will post 3.29 EPS for the current fiscal year.

CocaCola Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.53 dividend. 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 presently 63.66%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on KO. Evercore reiterated an "outperform" rating and issued a $100.00 price target on shares of CocaCola in a research note on Tuesday, July 28th. Royal Bank Of Canada increased their price objective on shares of CocaCola from $87.00 to $96.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Argus raised their price objective on CocaCola from $91.00 to $97.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Citigroup lifted their target price on CocaCola from $97.00 to $100.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Piper Sandler upped their target price on CocaCola from $88.00 to $95.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, CocaCola has an average rating of "Moderate Buy" and a consensus price target of $95.76.

Insider Buying and Selling

In other CocaCola news, insider Sanket Ray sold 9,958 shares of the business's stock in a transaction that occurred 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 owned 62,105 shares of the company's stock, valued at $5,372,082.50. The trade was a 13.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Bruno Pietracci sold 75,727 shares of the company's stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total value of $6,788,925.55. Following the completion of the sale, the insider owned 35,393 shares in the company, valued at $3,172,982.45. This represents a 68.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 sold 1,483,535 shares of company stock worth $126,442,198 in the last 90 days. 0.90% of the stock is owned by corporate insiders.

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.

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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